Illinois House Bill 2514 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Passed on August 11 2017 - 100% progression
Action: 2017-08-11 - Public Act . . . . . . . . . 100-0064
Text: Latest bill text (Chaptered) [HTML]

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. Provides that the Secretary may furnish confidential supervisory information to a Federal Home Loan Bank in connection with any bank that is a member of the Federal Home Loan Bank or in connection with any application by the bank before the Federal Home Loan Bank. Provides that a bank or other financial institution or its officers, agents, and employees may disclose confidential supervisory information to a Federal Home Loan Bank of which it is a member. Amends the Illinois Credit Union Act. Provides that relevant confidential supervisory information may be disclosed under specified circumstances to other agencies or entities having a legitimate regulatory interest, including, but not limited to, a Federal Home Loan Bank. Effective immediately.

BANKS-FEDERAL HOME LOAN BANK

Rep. Louis Lang [D]	Rep. Patricia Bellock [R]	Rep. Randy Frese [R]	Sen. Chris Nybo [R]
Sen. Pamela Althoff [R]

2017-05-19 - Senate - Third Reading in Senate (Y: 52 N: 0 NV: 7 Abs: 0) [PASS]
2017-03-15 - House - Third Reading in House (Y: 109 N: 0 NV: 1 Abs: 1) [PASS]

Date	Chamber	Action
2017-08-11	House	Public Act . . . . . . . . . 100-0064
2017-08-11	House	Effective Date August 11, 2017
2017-08-11	House	Governor Approved
2017-06-16	House	Sent to the Governor
2017-05-19	House	Passed Both Houses
2017-05-19	Senate	Third Reading - Passed; 052-000-000
2017-05-12	Senate	Placed on Calendar Order of 3rd Reading May 15, 2017
2017-05-12	Senate	Second Reading
2017-05-10	Senate	Placed on Calendar Order of 2nd Reading May 11, 2017
2017-05-10	Senate	Do Pass Financial Institutions; 007-000-000
2017-05-02	Senate	Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
2017-04-25	Senate	Assigned to Financial Institutions
2017-04-06	House	Added Chief Co-Sponsor Rep. Randy E. Frese
2017-03-29	Senate	Referred to Assignments
2017-03-29	Senate	First Reading
2017-03-29	Senate	Chief Senate Sponsor Sen. Chris Nybo
2017-03-16	Senate	Placed on Calendar Order of First Reading March 28, 2017
2017-03-16	Senate	Arrive in Senate
2017-03-15	House	Added Chief Co-Sponsor Rep. Patricia R. Bellock
2017-03-15	House	Third Reading - Short Debate - Passed 109-000-000
2017-03-09	House	Placed on Calendar Order of 3rd Reading - Short Debate
2017-03-09	House	Second Reading - Short Debate
2017-03-08	House	Placed on Calendar 2nd Reading - Short Debate
2017-03-07	House	Do Pass / Short Debate Financial Institutions Committee; 010-000-000
2017-02-22	House	Assigned to Financial Institutions Committee
2017-02-08	House	Referred to Rules Committee
2017-02-08	House	First Reading
2017-02-07	House	Filed with the Clerk by Rep. Lou Lang

Chapter	Article	Section	Citation Type	Statute Text
205	205	9012	Amended Code	Citation Text
205	305	9.1	Amended Code	Citation Text
205	5	48.3	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2514&GAID=14&DocTypeID=HB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/HB/10000HB2514.htm
Text	https://www.ilga.gov/legislation/100/HB/10000HB2514eng.htm
Text	https://www.ilga.gov/legislation/100/HB/10000HB2514enr.htm
Text	https://www.ilga.gov/legislation/publicacts/100/100-0064.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/100/house/10000HB2514_03152017_036000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/100/senate/10000HB2514_05192017_019000T.pdf