IL HB0823 | 2017-2018 | 100th General Assembly

Discussing IL HB0823 | 2017-2018 | 100th General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Passed) 2017-08-24 - Public Act . . . . . . . . . 100-0304 [HB0823 Detail]

Text: Latest bill text (Chaptered) [HTML]
Add Debate Response

By BrittaniTurner on February 21, 2017 at 17:26 - Reply

Panel believes this is a responsible bill that takes into account the diverse communities of Illinois. Panel is in favor.

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