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HB 3050 Illinois House · 97th Regular Session

IL CREDIT UNION-HEARING REQ

Summary
Amends the Illinois Credit Union Act. Provides that if a credit union requests a hearing in response to an order of a fine, the Secretary of Financial and Professional Regulation shall schedule a hearing within 30 days after the request and the order shall be stayed until the final administrative order is entered. Makes changes in provisions concerning reciprocity, the powers and duties of the Secretary, powers of a credit union, and vacancies in the board of directors. Makes other changes. Also makes technical changes concerning the capitalization of "articles of incorporation," "board of directors," "credit committee," "chairman," and other terms. Effective January 1, 2012.
Bill status signed all 5 stages cleared
Introduction
Mar 2011
Committee Review
May 2011
House Passage
May 2011
Senate Passage
May 2011
Signed into Law
Jul 2011
Introduced Mar 31, 2011 Signed Jul 14, 2011
Floor votes · Senate May 12, 2011 · House Mar 30, 2011

How they voted

45–0
Passed · 2 other
Total votes 47
May 12, 2011
D Democratic28
27 Yea 1
96% Yea
R Republican19
18 Yea 1
94% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
33
Key actions
7
Committee
8
Amendments
2
Jul 14, 2011
Signed into law
Governor Approved
lower
May 12, 2011
Lower · Passed
Passed Both Houses
lower
May 5, 2011
Upper · Passed
Do Pass Financial Institutions; 011-000-000
upper
Apr 27, 2011
Committee
Assigned to Financial Institutions
upper
Mar 31, 2011
Committee
Referred to Assignments
upper
Mar 31, 2011
Introduced
Arrive in Senate
upper
Mar 30, 2011
House · Passed
House Vote: pass (94-0-2)
house
Mar 8, 2011
Lower · Passed
Do Pass as Amended / Short Debate Financial Institutions Committee; 021-000-000
lower
Mar 8, 2011
Lower · Passed
House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
lower
Mar 8, 2011
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
lower
Mar 4, 2011
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Mar 4, 2011
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Joseph M. Lyons
lower
Feb 28, 2011
Committee
Assigned to Financial Institutions Committee
lower
Feb 23, 2011
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.