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republic-os/legislation/us/states/il/100th/sb-3182.md
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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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---
type: "Bill"
title: "BANKING-VARIOUS"
description: "Amends the Illinois Banking Act and the Savings Bank Act. Replaces \"Commissioner\" with \"Secretary\" to update references to the Secretary of Financial and Professional Regulation. Provides that before any person or persons may cause a change of control of a State bank or a savings bank, the Secretary shall be of the opinion and find that the future prospects of the institution will not jeopardize the financial stability of the State bank or the savings bank or prejudice the interests of the depositors of the State bank or the interests of the members of the savings bank. Provides that the provisions of this Act do not apply to an established holding company acquiring control of a State bank or a savings bank if the transaction is subject to approval under specified provisions of federal law. Provides that a State bank or a savings bank may disclose confidential supervisory information to any attorney, accountant, consultant, or other professional as needed to comply with any enforcement action issued by the Secretary. Makes other changes. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "100th"
identifier: "SB 3182"
citation: "Illinois SB 3182 (100th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 29
vote_count: 2
first_action: "2018-02-16"
last_action: "2018-08-14"
source: "openstates"
source_identifier: "ocd-bill/0de0b519-d5b6-41d1-9ab5-5e9516878f4d"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3182&GAID=14&DocTypeID=SB&LegId=110857&SessionID=91&GA=100"
source_hash: "c393142c2df4069e6beecd9d531f85ea342138169b6113b3d91e3ce145dbbb5a"
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 SB 3182 (100th) — BANKING-VARIOUS
Amends the Illinois Banking Act and the Savings Bank Act. Replaces "Commissioner" with "Secretary" to update references to the Secretary of Financial and Professional Regulation. Provides that before any person or persons may cause a change of control of a State bank or a savings bank, the Secretary shall be of the opinion and find that the future prospects of the institution will not jeopardize the financial stability of the State bank or the savings bank or prejudice the interests of the depositors of the State bank or the interests of the members of the savings bank. Provides that the provisions of this Act do not apply to an established holding company acquiring control of a State bank or a savings bank if the transaction is subject to approval under specified provisions of federal law. Provides that a State bank or a savings bank may disclose confidential supervisory information to any attorney, accountant, consultant, or other professional as needed to comply with any enforcement action issued by the Secretary. Makes other changes. Effective immediately.
## 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=10000SB3182&GA=100&SessionId=91&DocTypeId=SB&LegID=110857&DocNum=3182&GAID=14&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000SB3182eng&GA=100&SessionId=91&DocTypeId=SB&LegID=110857&DocNum=3182&GAID=14&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000SB3182enr&GA=100&SessionId=91&DocTypeId=SB&LegID=110857&DocNum=3182&GAID=14&Session=&print=true)
## Votes
- Third Reading — **43–0** (pass) · upper
- Third Reading — **101–0** (pass) · lower
## Sponsors
- Paul Schimpf — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2018-02-16** Filed with Secretary by Sen. Paul Schimpf `filing`
- **2018-02-16** First Reading `reading-1`
- **2018-02-16** Referred to Assignments `referral-committee`
- **2018-02-27** Assigned to Financial Institutions `referral-committee`
- **2018-04-11** Do Pass Financial Institutions; 007-000-000 `committee-passage`
- **2018-04-11** Placed on Calendar Order of 2nd Reading April 12, 2018
- **2018-04-13** Senate Floor Amendment No. 1 Filed with Secretary by Sen. Paul Schimpf `amendment-introduction`
- **2018-04-13** Senate Floor Amendment No. 1 Referred to Assignments `referral-committee`
- **2018-04-17** Senate Floor Amendment No. 1 Assignments Refers to Financial Institutions
- **2018-04-18** Senate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 005-000-000
- **2018-04-19** Senate Floor Amendment No. 1 Adopted; Schimpf `amendment-passage`
- **2018-04-19** Second Reading `reading-2`
- **2018-04-19** Placed on Calendar Order of 3rd Reading April 23, 2018
- **2018-04-23** Third Reading - Passed; 043-000-000 `reading-3, passage`
- **2018-04-24** Arrived in House `introduction`
- **2018-04-24** Chief House Sponsor Rep. C.D. Davidsmeyer
- **2018-04-24** First Reading `reading-1`
- **2018-04-24** Referred to Rules Committee `referral-committee`
- **2018-05-02** Assigned to Financial Institutions Committee `referral-committee`
- **2018-05-08** Do Pass / Short Debate Financial Institutions Committee; 012-000-000 `committee-passage`
- **2018-05-09** Placed on Calendar 2nd Reading - Short Debate
- **2018-05-16** Second Reading - Short Debate `reading-2`
- **2018-05-16** Placed on Calendar Order of 3rd Reading - Short Debate
- **2018-05-21** Third Reading - Short Debate - Passed 101-000-000 `reading-3, passage`
- **2018-05-21** Passed Both Houses
- **2018-06-19** Sent to the Governor `executive-receipt`
- **2018-08-14** Governor Approved `executive-signature`
- **2018-08-14** Effective Date August 14, 2018
- **2018-08-14** Public Act . . . . . . . . . 100-0888 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0de0b519-d5b6-41d1-9ab5-5e9516878f4d`. Confidence: reported (aggregated from official Illinois legislature records).
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