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type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill BANKING-CANNABIS BUSINESSES Amends the Illinois Banking Act and the Illinois Credit Union Act. Provides that the Secretary of Financial and Professional Regulation shall not: issue an order against a financial institution for unsafe or unsound banking practices solely because the entity provides financial services to a cannabis-related legitimate business; prohibit, penalize, or otherwise discourage a financial institution from providing financial services to a cannabis-related legitimate business solely because the entity provides financial services to a cannabis-related legitimate business; recommend, incentivize, or encourage a financial institution not to offer financial services to an account holder or to downgrade or cancel the financial services offered to an account holder solely because the account holder is a manufacturer or producer or is the owner, operator, or employee of a cannabis-related legitimate business, the account holder later becomes an owner or operator of a cannabis-related legitimate business, or the financial institution was not aware that the account holder is the owner or operator of a cannabis-related legitimate business; and take any adverse or corrective supervisory action on a loan made to an owner or operator of a cannabis-related legitimate business solely because the owner or operator owns or operates a cannabis-related legitimate business or an owner or operator of real estate or equipment that is leased to a cannabis-related legitimate business solely because the owner or operator of the real estate or equipment leased the equipment or real estate to a cannabis-related legitimate business. Authorizes the Secretary to furnish confidential supervisory information relating to a financial institution providing financial services to cannabis-related businesses, limited to the name, contact information, and such other information as the Secretary determines is prudent, to the Illinois State Treasurer. Effective immediately. us/states/il Illinois General Assembly 101st SB 2023 Illinois SB 2023 (101st)
bill
enacted
3 101 4 2019-02-15 2019-08-09 openstates ocd-bill/c23e6a9a-d915-4727-9711-83cccdc986ca http://ilga.gov/legislation/BillStatus.asp?DocNum=2023&GAID=15&DocTypeID=SB&LegId=119957&SessionID=108&GA=101 399682fb6445b245feb2e26b24a12208358c6c8c7cd2dff1972cc129fc71326e 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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us-il

Illinois SB 2023 (101st) — BANKING-CANNABIS BUSINESSES

Amends the Illinois Banking Act and the Illinois Credit Union Act. Provides that the Secretary of Financial and Professional Regulation shall not: issue an order against a financial institution for unsafe or unsound banking practices solely because the entity provides financial services to a cannabis-related legitimate business; prohibit, penalize, or otherwise discourage a financial institution from providing financial services to a cannabis-related legitimate business solely because the entity provides financial services to a cannabis-related legitimate business; recommend, incentivize, or encourage a financial institution not to offer financial services to an account holder or to downgrade or cancel the financial services offered to an account holder solely because the account holder is a manufacturer or producer or is the owner, operator, or employee of a cannabis-related legitimate business, the account holder later becomes an owner or operator of a cannabis-related legitimate business, or the financial institution was not aware that the account holder is the owner or operator of a cannabis-related legitimate business; and take any adverse or corrective supervisory action on a loan made to an owner or operator of a cannabis-related legitimate business solely because the owner or operator owns or operates a cannabis-related legitimate business or an owner or operator of real estate or equipment that is leased to a cannabis-related legitimate business solely because the owner or operator of the real estate or equipment leased the equipment or real estate to a cannabis-related legitimate business. Authorizes the Secretary to furnish confidential supervisory information relating to a financial institution providing financial services to cannabis-related businesses, limited to the name, contact information, and such other information as the Secretary determines is prudent, to the Illinois State Treasurer. Effective immediately.

Version chain

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

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Concurrence, Amendment 1 — 522 (pass) · upper
  • Concurrence, Amendment 2 — 522 (pass) · upper
  • Third Reading — 500 (pass) · upper
  • Third Reading — 983 (pass) · lower

Sponsors

  • Ann Gillespie — cosponsor (person)
  • Ann M. Williams — cosponsor (person)
  • Antonio Muñoz — cosponsor (person)
  • Barbara Hernandez — cosponsor (person)
  • Bob Morgan — primary (person)
  • Camille Y. Lilly — cosponsor (person)
  • Christopher Belt — cosponsor (person)
  • Cristina Castro — cosponsor (person)
  • David A. Welter — cosponsor (person)
  • Deb Conroy — cosponsor (person)
  • Don Harmon — cosponsor (person)
  • Frances Ann Hurley — cosponsor (person)
  • Jason A. Barickman — cosponsor (person)
  • Jeff Keicher — cosponsor (person)
  • Jehan Gordon-Booth — cosponsor (person)
  • Jim Durkin — cosponsor (person)
  • John Connor — cosponsor (person)
  • Jonathan Carroll — cosponsor (person)
  • Justin Slaughter — cosponsor (person)
  • Katie Stuart — cosponsor (person)
  • Kelly M. Cassidy — cosponsor (person)
  • Lamont J. Robinson, Jr. — cosponsor (person)
  • Laura Fine — primary (person)
  • Laura M. Murphy — cosponsor (person)
  • Linda Holmes — cosponsor (person)
  • Mattie Hunter — cosponsor (person)
  • Michael Halpin — cosponsor (person)
  • Monica Bristow — cosponsor (person)
  • Natalie A. Manley — cosponsor (person)
  • Neil Anderson — cosponsor (person)
  • Norine K. Hammond — cosponsor (person)
  • Rachelle Crowe — cosponsor (person)
  • Ram Villivalam — cosponsor (person)
  • Robert Martwick — cosponsor (person)
  • Robert Peters — cosponsor (person)
  • Sam Yingling — cosponsor (person)
  • Sonya M. Harper — cosponsor (person)
  • Tim Butler — cosponsor (person)
  • Toi W. Hutchinson — cosponsor (person)

Timeline

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

  • 2019-02-15 Filed with Secretary by Sen. Heather A. Steans filing
  • 2019-02-15 First Reading reading-1
  • 2019-02-15 Referred to Assignments referral-committee
  • 2019-02-27 Assigned to Financial Institutions referral-committee
  • 2019-03-05 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Heather A. Steans amendment-introduction
  • 2019-03-05 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2019-03-06 Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
  • 2019-03-11 Chief Sponsor Changed to Sen. Toi W. Hutchinson
  • 2019-03-20 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2019-03-20 Do Pass as Amended Financial Institutions; 007-000-000 committee-passage
  • 2019-03-20 Placed on Calendar Order of 2nd Reading March 21, 2019
  • 2019-03-26 Second Reading reading-2
  • 2019-03-26 Placed on Calendar Order of 3rd Reading March 27, 2019
  • 2019-04-04 Added as Chief Co-Sponsor Sen. Napoleon Harris, III
  • 2019-04-04 Added as Co-Sponsor Sen. Mattie Hunter
  • 2019-04-04 Third Reading - Passed; 050-000-000 reading-3, passage
  • 2019-04-04 Arrived in House introduction
  • 2019-04-04 Chief House Sponsor Rep. Kelly M. Cassidy
  • 2019-04-04 First Reading reading-1
  • 2019-04-04 Referred to Rules Committee referral-committee
  • 2019-04-24 Assigned to Judiciary - Criminal Committee referral-committee
  • 2019-05-07 Added Alternate Co-Sponsor Rep. Justin Slaughter
  • 2019-05-07 Alternate Chief Sponsor Changed to Rep. Jehan Gordon-Booth
  • 2019-05-10 Rule 19(a) / Re-referred to Rules Committee referral-committee
  • 2019-05-28 Assigned to Judiciary - Criminal Committee referral-committee
  • 2019-05-28 Final Action Deadline Extended-9(b) May 31, 2019
  • 2019-05-28 Motion Filed to Suspend Rule 21 Judiciary - Criminal Committee; Rep. Kathleen Willis
  • 2019-05-28 Motion to Suspend Rule 21 - Prevailed
  • 2019-05-29 Do Pass / Short Debate Judiciary - Criminal Committee; 012-007-000 committee-passage
  • 2019-05-29 Placed on Calendar 2nd Reading - Short Debate
  • 2019-05-29 Second Reading - Short Debate reading-2
  • 2019-05-29 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2019-05-30 Alternate Chief Sponsor Changed to Rep. Bob Morgan
  • 2019-05-31 House Floor Amendment No. 1 Filed with Clerk by Rep. Bob Morgan amendment-introduction
  • 2019-05-31 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
  • 2019-05-31 Added Alternate Chief Co-Sponsor Rep. Kelly M. Cassidy
  • 2019-05-31 Added Alternate Chief Co-Sponsor Rep. Jim Durkin
  • 2019-05-31 Added Alternate Chief Co-Sponsor Rep. Jehan Gordon-Booth
  • 2019-05-31 Added Alternate Co-Sponsor Rep. Katie Stuart
  • 2019-05-31 Added Alternate Co-Sponsor Rep. Natalie A. Manley
  • 2019-05-31 Added Alternate Co-Sponsor Rep. Ann M. Williams
  • 2019-05-31 Added Alternate Co-Sponsor Rep. Deb Conroy
  • 2019-05-31 Added Alternate Co-Sponsor Rep. Jeff Keicher
  • 2019-05-31 Added Alternate Co-Sponsor Rep. Tim Butler
  • 2019-05-31 Added Alternate Co-Sponsor Rep. Norine K. Hammond
  • 2019-05-31 Chief Sponsor Changed to Sen. Laura Fine
  • 2019-05-31 Added as Chief Co-Sponsor Sen. Don Harmon
  • 2019-05-31 Added as Co-Sponsor Sen. Robert Peters
  • 2019-05-31 Added as Co-Sponsor Sen. Ann Gillespie
  • 2019-05-31 Added as Co-Sponsor Sen. Toi W. Hutchinson
  • 2019-05-31 Added as Chief Co-Sponsor Sen. Linda Holmes
  • 2019-05-31 Added as Co-Sponsor Sen. Antonio Muñoz
  • 2019-05-31 Added as Co-Sponsor Sen. Laura M. Murphy
  • 2019-05-31 House Floor Amendment No. 2 Filed with Clerk by Rep. Bob Morgan amendment-introduction
  • 2019-05-31 House Floor Amendment No. 2 Referred to Rules Committee referral-committee
  • 2019-05-31 Added as Co-Sponsor Sen. Rachelle Crowe
  • 2019-05-31 Added as Co-Sponsor Sen. Christopher Belt
  • 2019-05-31 Added as Co-Sponsor Sen. Jason A. Barickman
  • 2019-05-31 Added as Co-Sponsor Sen. Neil Anderson
  • 2019-05-31 Sponsor Removed Sen. Napoleon Harris, III
  • 2019-05-31 Final Action Deadline Extended-9(b) June 30, 2019
  • 2019-06-01 Added as Co-Sponsor Sen. Ram Villivalam
  • 2019-06-01 House Floor Amendment No. 1 Rules Refers to Human Services Committee
  • 2019-06-01 House Floor Amendment No. 2 Rules Refers to Human Services Committee
  • 2019-06-01 Added Alternate Co-Sponsor Rep. Jonathan Carroll
  • 2019-06-01 Added Alternate Co-Sponsor Rep. John Connor
  • 2019-06-01 Added Alternate Co-Sponsor Rep. Michael Halpin
  • 2019-06-01 Added Alternate Co-Sponsor Rep. Monica Bristow
  • 2019-06-01 Added Alternate Co-Sponsor Rep. Frances Ann Hurley
  • 2019-06-01 Added Alternate Co-Sponsor Rep. Barbara Hernandez
  • 2019-06-01 Added Alternate Co-Sponsor Rep. Sam Yingling
  • 2019-06-01 Added Alternate Co-Sponsor Rep. Robert Martwick
  • 2019-06-01 Added Alternate Chief Co-Sponsor Rep. Sonya M. Harper
  • 2019-06-01 House Floor Amendment No. 1 Recommends Be Adopted Human Services Committee; 012-001-000 committee-passage-favorable
  • 2019-06-01 House Floor Amendment No. 2 Recommends Be Adopted Human Services Committee; 017-000-000 committee-passage-favorable
  • 2019-06-01 House Floor Amendment No. 1 Adopted amendment-passage
  • 2019-06-01 House Floor Amendment No. 2 Adopted amendment-passage
  • 2019-06-01 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2019-06-01 3/5 Vote Required
  • 2019-06-01 Third Reading - Short Debate - Passed 098-003-001 reading-3, passage
  • 2019-06-01 Added Alternate Co-Sponsor Rep. Camille Y. Lilly
  • 2019-06-01 Added Alternate Co-Sponsor Rep. Lamont J. Robinson, Jr.
  • 2019-06-01 Added Alternate Co-Sponsor Rep. David A. Welter
  • 2019-06-02 Secretary's Desk - Concurrence House Amendment(s) 1, 2
  • 2019-06-02 Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - June 2, 2019
  • 2019-06-02 House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Laura Fine filing
  • 2019-06-02 House Floor Amendment No. 1 Motion to Concur Referred to Assignments referral-committee
  • 2019-06-02 House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Laura Fine filing
  • 2019-06-02 House Floor Amendment No. 2 Motion to Concur Referred to Assignments referral-committee
  • 2019-06-02 House Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments
  • 2019-06-02 House Floor Amendment No. 2 Motion to Concur Be Approved for Consideration Assignments
  • 2019-06-02 Added as Chief Co-Sponsor Sen. Cristina Castro
  • 2019-06-02 3/5 Vote Required
  • 2019-06-02 House Floor Amendment No. 1 Senate Concurs 052-002-000
  • 2019-06-02 House Floor Amendment No. 2 Senate Concurs 052-002-000
  • 2019-06-02 Senate Concurs
  • 2019-06-02 Passed Both Houses
  • 2019-06-12 Sent to the Governor executive-receipt
  • 2019-08-09 Governor Approved executive-signature
  • 2019-08-09 Effective Date August 9, 2019
  • 2019-08-09 Public Act . . . . . . . . . 101-0363 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c23e6a9a-d915-4727-9711-83cccdc986ca. Confidence: reported (aggregated from official Illinois legislature records).