91st General Assembly
Status of SB0378
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Summary
O'MALLEY.

(BUGIELSKI-RUTHERFORD-MEYER-ZICKUS)

   205 ILCS 105/1-6          from Ch. 17, par. 3301-6                          
   205 ILCS 105/7-11         from Ch. 17, par. 3307-11                         
   205 ILCS 205/1007.105     from Ch. 17, par. 7301-7.105                      
   205 ILCS 205/1008         from Ch. 17, par. 7301-8                          
   205 ILCS 205/4005         from Ch. 17, par. 7304-5                          
   205 ILCS 205/4014 new                                                       
   205 ILCS 205/6002         from Ch. 17, par. 7306-2                          
   205 ILCS 205/8016         from Ch. 17, par. 7308-16                         
   205 ILCS 205/9009         from Ch. 17, par. 7309-9                          
   205 ILCS 205/11005        from Ch. 17, par. 7311-5                          
   205 ILCS 205/11008        from Ch. 17, par. 7311-8                          
   205 ILCS 620/1-3          from Ch. 17, par. 1551-3                          
   205 ILCS 620/1-5.07       from Ch. 17, par. 1551-5.07                       
   205 ILCS 620/1-5.08       from Ch. 17, par. 1551-5.08                       
   205 ILCS 620/1-6          from Ch. 17, par. 1551-6                          
   205 ILCS 620/3-3          from Ch. 17, par. 1553-3                          
   205 ILCS 620/4-1          from Ch. 17, par. 1554-1                          
   205 ILCS 620/4-4          from Ch. 17, par. 1554-4                          

        Amends the Illinois Savings and Loan  Act  of  1985.   Authorizes      
   savings  and  loan  associations  to  act  as  a custodian or trustee.      
   Provides that the Commissioner of Banks  and  Real  Estate  may  defer      
   taking  control  of  a savings and loan association if it is resolving      
   the matter in accordance with the direction of its  deposit  insurance      
   corporation.   Amends  the Savings Bank Act.  Removes the authority of      
   the Commissioner of Banks and Real Estate to approve the location  and      
   operation   of   electronic   fund   transfer  terminals.   Authorizes      
   alternative voting arrangements for mutual  savings  banks.   Provides      
   that  receipt  of certain notices may be waived by the person entitled      
   to receive the notice.  Authorizes savings banks  to  convert  to  any      
   type  of  depository institution.  Amends the Corporate Fiduciary Act.      
   Incorporates  references  to  savings  banks   throughout   the   Act.      
   Effective immediately.                                                      
          FISCAL NOTE (Office of Banks and Real Estate)                        
          There will be no fiscal impact on this Department.                   
   99-02-18  S  FIRST READING                                                  
   99-02-18  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-02-18  S       ASSIGNED TO COMMITTEE               FIN INST              
   99-02-26  S       DO PASS                             009-000-000   SFIC    
   99-02-26  S  PLACED ON CALENDAR ORDER OF 2ND READING  99-03-02              
   99-03-02  S  SECOND READING                                                 
   99-03-02  S  PLACED ON CALENDAR ORDER OF 3RD READING  99-03-03              
   99-03-04  S  THIRD READING - PASSED                   056-001-000           
   99-03-04  H  ARRIVE IN HOUSE                                                
   99-03-04  H  PLACED CALENDAR ORDER OF FIRST READING                         
   99-03-05  H  HOUSE SPONSOR                            BUGIELSKI             
   99-03-05  H  ADDED AS A JOINT SPONSOR                 RUTHERFORD            
   99-03-05  H  ADDED AS A JOINT SPONSOR                 MEYER                 
   99-03-09  H  FIRST READING                                                  
   99-03-09  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-03-19  H       ASSIGNED TO COMMITTEE               FIN INSTIT            
   99-04-06  H                         FISCAL NOTE FILED                       
   99-04-06  H                   COMMITTEE               FIN INSTIT            
   99-04-14  H  ADDED AS A JOINT SPONSOR                 ZICKUS                
   99-04-15  H  DO PASS/SHORT DEBATE                     015-000-000   HFIN    
   99-04-15  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   99-04-20  H  SECOND READING-SHORT DEBATE                                    
   99-04-20  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   99-04-27  H  THIRD READING/SHORT DEBATE/PASSED        113-000-001           
   99-04-27  S  PASSED BOTH HOUSES                                             
   99-05-26  S  SENT TO THE GOVERNOR                                           
   99-07-09  S  GOVERNOR APPROVED                                              
   99-07-09  S                            EFFECTIVE DATE 99-07-09              
   99-07-09  S  PUBLIC ACT.............................. 91-0097               

   END OF INQUIRY 



 Full Text  Bill Summary