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HB 4541 Illinois House · 100th Regular Session

MUNI CD-FINANCIAL INSTITUTIONS

Summary
Amends the Finance Article of the Illinois Municipal Code. Revises the definition of "financial institution" to mean any bank, savings bank, savings and loan association, or credit union established under the laws of the United States, the State, or any other state; or any regional planning commissions or joint regional planning commissions union established under specified provisions (rather than any bank subject to the Illinois Banking Act, any savings and loan association subject to the Illinois Savings and Loan Act of 1985, any federally chartered commercial bank or savings and loan association organized and operated in this State pursuant to the laws of the United States, and any regional planning commissions or joint regional planning commissions union). Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Mar 2018
Committee Review
May 2018
House Passage
May 2018
Senate Passage
May 2018
Signed into Law
Aug 2018
Introduced Mar 9, 2018 Signed Aug 14, 2018
Floor votes · Senate May 23, 2018 · House Mar 7, 2018

How they voted

47–0
Passed · 1 other
Total votes 48
May 23, 2018
D Democratic28
28 Yea
100% Yea
R Republican20
19 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
26
Key actions
5
Committee
6
Aug 14, 2018
Signed into law
Governor Approved
lower
May 23, 2018
Lower · Passed
Passed Both Houses
lower
May 2, 2018
Upper · Passed
Do Pass Financial Institutions; 006-000-000
upper
Apr 25, 2018
Committee
Assigned to Financial Institutions
upper
Mar 9, 2018
Committee
Referred to Assignments
upper
Mar 9, 2018
Introduced
Arrive in Senate
upper
Mar 7, 2018
House · Passed
House Vote: pass (91-0-7)
house
Feb 27, 2018
Lower · Passed
Do Pass / Short Debate Financial Institutions Committee; 007-000-000
lower
Feb 12, 2018
Committee
Assigned to Financial Institutions Committee
lower
Feb 5, 2018
Committee
Referred to Rules Committee
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.