MUNI CD-FINANCIAL INSTITUTIONS
Summary
Amends the Illinois Municipal Code. Provides that the definition of "financial institution" in the Finance Division of the Code includes any savings bank, savings and loan association, or credit union (currently, savings and loan associations and federally chartered commercial bank or savings and loan association) and regional planning commissions or joint regional planning commissions. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2016
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2016
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
12
Key actions
0
Committee
5
Jan 10, 2017
House · Failed
Session Sine Die
Apr 22, 2016
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Apr 12, 2016
House · Reported by committee
Do Pass / Short Debate Financial Institutions Committee; 013-000-000
Apr 8, 2016
House · Reported by committee
Committee Deadline Extended-Rule 9(b) April 22, 2016
Apr 4, 2016
House · Referred to committee
Assigned to Financial Institutions Committee
Feb 10, 2016
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Brandon W. Phelps
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 5703
Scope: IL
Hi! I can help you understand HB 5703. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline