IL HB0823 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 5-0)
Status: Passed on August 24 2017 - 100% progression
Action: 2017-08-24 - Public Act . . . . . . . . . 100-0304
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Division of Banking Act. Requires the Division of Banking to implement a program intended to encourage financial institutions to help meet the credit needs of the communities in which they serve, including low and moderate-income neighborhoods, consistent with safe and sound banking practices. Provides that the State shall not enter into a contract or renew a contract with a financial institution that does not participate in the program.

Tracking Information

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Title

BANKS-COMMUNITY REINVESTMENT

Sponsors


Roll Calls

2017-05-29 - Senate - Third Reading in Senate (Y: 55 N: 0 NV: 4 Abs: 0) [PASS]
2017-03-16 - House - Third Reading in House (Y: 105 N: 0 NV: 3 Abs: 2) [PASS]

History

DateChamberAction
2017-08-24HousePublic Act . . . . . . . . . 100-0304
2017-08-24HouseEffective Date January 1, 2018
2017-08-24HouseGovernor Approved
2017-06-27HouseSent to the Governor
2017-05-29HousePassed Both Houses
2017-05-29SenateThird Reading - Passed; 055-000-000
2017-05-29SenateAdded as Alternate Chief Co-Sponsor Sen. Napoleon Harris, III
2017-05-29SenateAdded as Alternate Chief Co-Sponsor Sen. Donne E. Trotter
2017-05-29SenateAdded as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins
2017-05-26SenateRule 2-10 Third Reading Deadline Established As May 31, 2017
2017-05-12SenatePlaced on Calendar Order of 3rd Reading May 15, 2017
2017-05-12SenateSecond Reading
2017-05-10SenatePlaced on Calendar Order of 2nd Reading May 11, 2017
2017-05-10SenateDo Pass Financial Institutions; 007-000-000
2017-04-25SenateAssigned to Financial Institutions
2017-03-22SenateReferred to Assignments
2017-03-22SenateFirst Reading
2017-03-21SenateChief Senate Sponsor Sen. Mattie Hunter
2017-03-17SenatePlaced on Calendar Order of First Reading
2017-03-17SenateArrive in Senate
2017-03-16HouseThird Reading - Short Debate - Passed 105-000-002
2017-03-15HousePlaced on Calendar Order of 3rd Reading - Short Debate
2017-03-15HouseSecond Reading - Short Debate
2017-03-09HousePlaced on Calendar 2nd Reading - Short Debate
2017-03-09HouseDo Pass as Amended / Short Debate Business Incentives for Local Communities Committee; 012-000-000
2017-03-09HouseHouse Committee Amendment No. 1 Adopted in Business Incentives for Local Communities Committee; by Voice Vote
2017-03-08HouseHouse Committee Amendment No. 1 Rules Refers to Business Incentives for Local Communities Committee
2017-03-03HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2017-03-03HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. La Shawn K. Ford
2017-02-08HouseAssigned to Business Incentives for Local Communities Committee
2017-01-31HouseReferred to Rules Committee
2017-01-31HouseFirst Reading
2017-01-30HouseFiled with the Clerk by Rep. La Shawn K. Ford

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2032056.2New CodeSee Bill Text

Illinois State Sources


Bill Comments

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