---
type: "Bill"
title: "REGULATION-TECH"
description: "Amends the Illinois Credit Union Act. Makes a technical change in a Section concerning the fiscal year of credit unions."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "98th"
identifier: "HB 3961"
citation: "Illinois HB 3961 (98th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 56
vote_count: 3
first_action: "2014-01-03"
last_action: "2014-08-18"
source: "openstates"
source_identifier: "ocd-bill/42589dba-1b26-43c3-8473-1f814316db98"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3961&GAID=12&DocTypeID=HB&LegId=77874&SessionID=85&GA=98"
source_hash: "e7da98dac487c1a7448cd89fde271144f8546c7d8894634aa6c9766d1edf0b90"
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 3961 (98th) — REGULATION-TECH

Amends the Illinois Credit Union Act. Makes a technical change in a Section concerning the fiscal year of credit unions.

## Version chain

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

1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB3961&GA=98&SessionId=85&DocTypeId=HB&LegID=77874&DocNum=3961&GAID=12&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB3961eng&GA=98&SessionId=85&DocTypeId=HB&LegID=77874&DocNum=3961&GAID=12&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09800HB3961enr&GA=98&SessionId=85&DocTypeId=HB&LegID=77874&DocNum=3961&GAID=12&Session=&print=true)

## Votes

- Third Reading — **50–1** (pass) · upper
- Concurrence, Amendment 1 — **103–6** (pass) · lower
- Third Reading — **99–0** (pass) · lower

## Sponsors

- Lou Lang — primary (person)

## Timeline

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

- **2014-01-03** Filed with the Clerk by Rep. Michael J. Madigan `filing`
- **2014-01-13** First Reading `reading-1`
- **2014-01-13** Referred to Rules Committee `referral-committee`
- **2014-03-19** Assigned to Executive Committee `referral-committee`
- **2014-03-26** Do Pass / Short Debate Executive Committee; 009-000-000 `committee-passage`
- **2014-03-26** Placed on Calendar 2nd Reading - Short Debate
- **2014-04-07** House Floor Amendment No. 1 Filed with Clerk by Rep. Lou Lang `amendment-introduction`
- **2014-04-07** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2014-04-09** House Floor Amendment No. 1 Rules Refers to Financial Institutions Committee
- **2014-04-09** Second Reading - Short Debate `reading-2`
- **2014-04-09** Held on Calendar Order of Second Reading - Short Debate `reading-2`
- **2014-04-09** House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions Committee; 013-000-000 `committee-passage-favorable`
- **2014-04-10** Chief Sponsor Changed to Rep. Lou Lang
- **2014-04-10** House Floor Amendment No. 1 Adopted `amendment-passage`
- **2014-04-10** Placed on Calendar Order of 3rd Reading - Short Debate
- **2014-04-10** Third Reading - Short Debate - Passed 099-000-000 `reading-3, passage`
- **2014-04-10** Added Chief Co-Sponsor Rep. Michael Unes
- **2014-04-11** Arrive in Senate `introduction`
- **2014-04-11** Placed on Calendar Order of First Reading April 29, 2014 `reading-1`
- **2014-04-23** Chief Senate Sponsor Sen. Linda Holmes
- **2014-04-25** Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
- **2014-04-29** First Reading `reading-1`
- **2014-04-29** Referred to Assignments `referral-committee`
- **2014-05-06** Assigned to Financial Institutions `referral-committee`
- **2014-05-14** Do Pass Financial Institutions; 007-000-000 `committee-passage`
- **2014-05-14** Placed on Calendar Order of 2nd Reading May 15, 2014
- **2014-05-15** Second Reading `reading-2`
- **2014-05-15** Placed on Calendar Order of 3rd Reading May 19, 2014
- **2014-05-23** Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2014
- **2014-05-27** Alternate Chief Sponsor Changed to Sen. Terry Link
- **2014-05-27** Senate Floor Amendment No. 1 Filed with Secretary by Sen. Terry Link `amendment-introduction`
- **2014-05-27** Senate Floor Amendment No. 1 Referred to Assignments `referral-committee`
- **2014-05-27** Senate Floor Amendment No. 1 Assignments Refers to Executive
- **2014-05-27** Senate Floor Amendment No. 1 Postponed - Executive
- **2014-05-28** Senate Floor Amendment No. 1 Postponed - Executive
- **2014-05-29** Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 011-003-000
- **2014-05-29** Recalled to Second Reading `reading-2`
- **2014-05-29** Senate Floor Amendment No. 1 Adopted; Link `amendment-passage`
- **2014-05-29** Placed on Calendar Order of 3rd Reading
- **2014-05-29** Third Reading - Passed; 050-001-000 `reading-3, passage`
- **2014-05-29** Arrived in House `introduction`
- **2014-05-29** Placed on Calendar Order of Concurrence Senate Amendment(s) 1
- **2014-05-30** Senate Floor Amendment No. 1 Motion Filed Concur Rep. Lou Lang
- **2014-05-30** Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee `referral-committee`
- **2014-05-30** Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Higher Education Committee `referral-committee`
- **2014-05-30** Added Chief Co-Sponsor Rep. Ann Williams
- **2014-05-30** Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Higher Education Committee; 014-000-000
- **2014-05-30** Senate Floor Amendment No. 1 House Concurs 103-006-000
- **2014-05-30** House Concurs
- **2014-05-30** Passed Both Houses
- **2014-05-30** Remove Chief Co-Sponsor Rep. Michael Unes
- **2014-05-30** Added Co-Sponsor Rep. Elizabeth Hernandez
- **2014-06-23** Sent to the Governor `executive-receipt`
- **2014-08-18** Governor Approved `executive-signature`
- **2014-08-18** Effective Date August 18, 2014
- **2014-08-18** Public Act . . . . . . . . . 98-0979 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/42589dba-1b26-43c3-8473-1f814316db98`. Confidence: reported (aggregated from official Illinois legislature records).