Illinois Code | Chapter 205 Article 5 Section 2 | Bills

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ILSB1718FailAmends the Corporate Fiduciary Act to create the Special Purpose Trust Company Authority and Organization Article. Provides that a corporation that has been or shall be incorporated under the general corporation laws of the State for the special purp...
[Detail][Text][Discuss]		2025-01-07
Session Sine Die
ILHB3479FailCreates the Uniform Money Transmission Modernization Act. Provides that the provisions supersede the Transmitters of Money Act. Sets forth provisions concerning money transmission licenses; acquisition of control; reporting and records; authorized de...
[Detail][Text][Discuss]		2025-01-07
Session Sine Die
ILHB5428FailAmends the Illinois Banking Act. Provides that a bank may provide data processing services to a person for profit. Provides that a bank may invest in commodities derivatives, with the management and controls necessary to ensure that such activities a...
[Detail][Text][Discuss]		2025-01-07
Session Sine Die
ILSB3666FailCreates the Digital Assets Regulation Act. Provides that the Department of Financial and Professional Regulation shall regulate digital asset business activity in the State. Sets forth provisions concerning: applicability; the powers and duties of th...
[Detail][Text][Discuss]		2025-01-07
Session Sine Die
ILSB3726FailAmends the Illinois Banking Act. Makes changes to the membership of the State Banking Board of Illinois. Provides that a bank may borrow or incur an obligation and pledge assets to secure deposits. Provides that a bank may provide data processing ser...
[Detail][Text][Discuss]		2025-01-07
Session Sine Die
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