Bill Text: IL SB0501 | 2015-2016 | 99th General Assembly | Introduced

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Bill Title: Amends the Illinois Credit Union Act. Makes a technical change in a Section concerning the fiscal year of credit unions.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-04-21 - Re-referred to Assignments [SB0501 Detail]

Download: Illinois-2015-SB0501-Introduced.html

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99TH GENERAL ASSEMBLY State of Illinois 2015 and 2016 SB0501 Introduced 1/28/2015, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
205 ILCS 305/6 from Ch. 17, par. 4407
Amends the Illinois Credit Union Act. Makes a technical change in a Section concerning the fiscal year of credit unions.
LRB099 03173 MGM 23181 b
A BILL FOR
SB0501 LRB099 03173 MGM 23181 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Credit Union Act is amended by
changing Section 6 as follows:
(205 ILCS 305/6) (from Ch. 17, par. 4407)
Sec. 6. Fiscal Year. The The fiscal year of each credit
union organized under this Act shall end on December 31 of each
year.
(Source: P.A. 81-329.)