---
type: "Bill"
title: "BANK LOAN LIMIT INCREASE"
description: "BANK LOAN LIMIT INCREASE"
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "92nd"
identifier: "HB 1089"
citation: "Illinois HB 1089 (92nd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 25
vote_count: 0
first_action: "2001-02-15T00:00:00-06:00"
last_action: "2001-08-10T00:00:00-05:00"
source: "openstates"
source_identifier: "ocd-bill/ce755238-bdec-4d2d-b449-357f72b071d4"
source_url: "http://www.ilga.gov/legislation/legisnet92/92gatoc.html"
source_hash: "339b36366602a63601002b4fc5d0f7ca02535ba4c39cc6ac2d054ff6587cfea8"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois HB 1089 (92nd) — BANK LOAN LIMIT INCREASE

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB1089** (committee substitute) — [source](http://www.ilga.gov/legislation/legisnet92/hbgroups/hb/920HB1089LV.html)

## Sponsors

- HASSERT — cosponsor (person)
- O'MALLEY — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2001-02-15T00:00:00-06:00** FILED WITH CLERK `introduction`
- **2001-02-15T00:00:00-06:00** FIRST READING `reading-1`
- **2001-02-15T00:00:00-06:00** REFERRED TO HOUSE RULES COMMITTEE RULES `referral-committee`
- **2001-02-21T00:00:00-06:00** ASSIGNED TO COMMITTEE FIN INSTIT `referral-committee`
- **2001-02-28T00:00:00-06:00** DO PASS/SHORT DEBATE 019-000-000 HFIN
- **2001-02-28T00:00:00-06:00** PLACED CALENDAR 2ND READING-SHORT DEBATE
- **2001-03-01T00:00:00-06:00** SECOND READING-SHORT DEBATE `reading-2`
- **2001-03-01T00:00:00-06:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **2001-03-08T00:00:00-06:00** THIRD READING/SHORT DEBATE/PASSED 110-000-005 `reading-3`
- **2001-03-20T00:00:00-06:00** ARRIVE IN SENATE
- **2001-03-20T00:00:00-06:00** PLACED CALENDAR ORDER OF FIRST READING 01-03-21
- **2001-03-20T00:00:00-06:00** CHIEF SPONSOR O'MALLEY
- **2001-03-21T00:00:00-06:00** FIRST READING `reading-1`
- **2001-03-21T00:00:00-06:00** REFERRED TO SENATE RULES COMMITTEE RULES `referral-committee`
- **2001-05-02T00:00:00-05:00** ASSIGNED TO COMMITTEE FIN INST `referral-committee`
- **2001-05-10T00:00:00-05:00** DO PASS 005-000-000 SFIC
- **2001-05-10T00:00:00-05:00** PLACED ON CALENDAR ORDER OF 2ND READING 01-05-11
- **2001-05-11T00:00:00-05:00** SECOND READING `reading-2`
- **2001-05-11T00:00:00-05:00** PLACED ON CALENDAR ORDER OF 3RD READING 01-05-14
- **2001-05-15T00:00:00-05:00** THIRD READING - PASSED 058-000-000 `reading-3`
- **2001-05-15T00:00:00-05:00** PASSED BOTH HOUSES
- **2001-06-13T00:00:00-05:00** SENT TO THE GOVERNOR `executive-receipt`
- **2001-08-10T00:00:00-05:00** GOVERNOR APPROVED `executive-signature`
- **2001-08-10T00:00:00-05:00** EFFECTIVE DATE 01-08-10
- **2001-08-10T00:00:00-05:00** PUBLIC ACT.............................. 92-0336

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ce755238-bdec-4d2d-b449-357f72b071d4`. Confidence: reported (aggregated from official Illinois legislature records).