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HB 823 Illinois House · 100th Regular Session

BANKS-COMMUNITY REINVESTMENT

Summary
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.
Bill status signed all 5 stages cleared
Introduction
Mar 2017
Committee Review
May 2017
House Passage
May 2017
Senate Passage
May 2017
Signed into Law
Aug 2017
Introduced Mar 17, 2017 Signed Aug 24, 2017
Floor votes · Senate May 29, 2017 · House Mar 16, 2017

How they voted

45–0
Passed · 3 other
Total votes 48
May 29, 2017
D Democratic28
26 Yea 2
92% Yea
R Republican20
19 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
34
Key actions
7
Committee
8
Amendments
2
Aug 24, 2017
Signed into law
Governor Approved
lower
May 29, 2017
Lower · Passed
Passed Both Houses
lower
May 10, 2017
Upper · Passed
Do Pass Financial Institutions; 007-000-000
upper
Apr 25, 2017
Committee
Assigned to Financial Institutions
upper
Mar 22, 2017
Committee
Referred to Assignments
upper
Mar 17, 2017
Introduced
Arrive in Senate
upper
Mar 16, 2017
House · Passed
House Vote: pass (90-0-10)
house
Mar 9, 2017
Lower · Passed
Do Pass as Amended / Short Debate Business Incentives for Local Communities Committee; 012-000-000
lower
Mar 9, 2017
Lower · Passed
House Committee Amendment No. 1 Adopted in Business Incentives for Local Communities Committee; by Voice Vote
lower
Mar 8, 2017
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Business Incentives for Local Communities Committee
lower
Mar 3, 2017
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Mar 3, 2017
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. La Shawn K. Ford
lower
Feb 8, 2017
Committee
Assigned to Business Incentives for Local Communities Committee
lower
Jan 31, 2017
Committee
Referred to Rules Committee
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.