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SB 2414 Illinois Senate · 99th Regular Session

BANKS-FEDERAL HOME LOAN BANK

Summary
Amends the Illinois Banking Act and the Savings Bank Act. Replaces "Commissioner" with "Secretary" in provisions related to the disclosure of information in order to update references to the Secretary of Financial and Professional Regulation. Allows the Secretary to provide confidential supervisory information to the Federal Home Loan Bank of Chicago under certain circumstances. Amends the Illinois Credit Union Act. Includes the Federal Home Loan Bank of the Federal Home Loan Bank System district in which the credit union is located as an entity that confidential supervisory information may be disclosed to by the Secretary if it has a legitimate regulatory interest. Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
Apr 2016
Committee Review
Apr 2016
Senate Passage
Apr 2016
House Passage
Governor
Introduced Apr 12, 2016 Last action Jan 10, 2017
Floor votes · Senate Apr 12, 2016

How they voted

46–0
Passed · 6 other
Total votes 52
Apr 12, 2016
D Democratic34
31 Yea 3
91% Yea
R Republican18
15 Yea 3
83% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
19
Key actions
4
Committee
6
Amendments
2
Apr 12, 2016
Committee
Referred to Rules Committee
lower
Apr 12, 2016
Introduced
Arrived in House
lower
Apr 12, 2016
Senate · Passed
Senate Vote: pass (46-0-6)
senate
Mar 9, 2016
Upper · Passed
Do Pass as Amended Financial Institutions; 008-000-000
upper
Mar 9, 2016
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 1, 2016
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
upper
Feb 24, 2016
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Feb 24, 2016
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Chris Nybo
upper
Feb 16, 2016
Committee
Assigned to Financial Institutions
upper
Feb 3, 2016
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.