republic-os/legislation/us/states/il/102nd/hb-5194.md

---
type: "Bill"
title: "BANKING DEVELOP DISTRICT ACT"
description: "Creates the Banking Development District Act. Establishes a banking development district program. Provides that the Department of Financial and Professional Regulation shall, in consultation with the State Treasurer, adopt rules that set forth the criteria, including specified factors, for the establishment of banking development districts. Provides that the governing board of a local government, in conjunction with a depository institution, may submit an application to the Department for the designation of a banking development district. Provides that the boundaries of the proposed banking development district shall include property on which the depository institution plans to make improvements to establish a banking branch. Provides that the application shall include the legal description of the property to be designated. Provides that the Secretary of Financial and Professional Regulation shall, in consultation with the State Treasurer, issue a determination on an application within 60 days after receiving the application. Provides that if an application is approved, the Department shall transmit notification of the approval and a copy of all application materials to the applicants, the Governor, the State Comptroller, the State Treasurer, the Director of Commerce and Economic Opportunity, the President of the Senate, the Speaker of the House of Representatives, and the clerk of the county, the municipal clerk, or the equivalent official in which the property is located. Provides that the Department may adopt rules that define terms, rules that establish fees for applications or other services rendered by the Department, and rules necessary for the enforcement, interpretation, and implementation of the Act. Makes other changes. Effective January 1, 2023."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "102nd"
identifier: "HB 5194"
citation: "Illinois HB 5194 (102nd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Doris Turner", "La Shawn K. Ford"]
version_count: 4
action_count: 40
vote_count: 2
first_action: "2022-01-27"
last_action: "2022-05-13"
source: "openstates"
source_identifier: "ocd-bill/16c95c4d-dd3a-47f5-97d8-41e02f3c0cb0"
source_url: "https://ilga.gov/legislation/BillStatus.asp?DocNum=5194&GAID=16&DocTypeID=HB&LegId=139695&SessionID=110&GA=102"
source_hash: "9b9ad360388bbe95dc7f967215528331e119875364a05d55f8ff60fa2c2a1812"
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 5194 (102nd) — BANKING DEVELOP DISTRICT ACT

Creates the Banking Development District Act. Establishes a banking development district program. Provides that the Department of Financial and Professional Regulation shall, in consultation with the State Treasurer, adopt rules that set forth the criteria, including specified factors, for the establishment of banking development districts. Provides that the governing board of a local government, in conjunction with a depository institution, may submit an application to the Department for the designation of a banking development district. Provides that the boundaries of the proposed banking development district shall include property on which the depository institution plans to make improvements to establish a banking branch. Provides that the application shall include the legal description of the property to be designated. Provides that the Secretary of Financial and Professional Regulation shall, in consultation with the State Treasurer, issue a determination on an application within 60 days after receiving the application. Provides that if an application is approved, the Department shall transmit notification of the approval and a copy of all application materials to the applicants, the Governor, the State Comptroller, the State Treasurer, the Director of Commerce and Economic Opportunity, the President of the Senate, the Speaker of the House of Representatives, and the clerk of the county, the municipal clerk, or the equivalent official in which the property is located. Provides that the Department may adopt rules that define terms, rules that establish fees for applications or other services rendered by the Department, and rules necessary for the enforcement, interpretation, and implementation of the Act. Makes other changes. Effective January 1, 2023.

## Version chain

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

1. **Introduced** (filed) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB5194.pdf)
2. **Engrossed** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB5194eng.pdf)
3. **House Amendment 001** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB5194ham001.pdf)
4. **Enrolled** (enrolled) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB5194enr.pdf)

## Votes

- Third Reading — **50–0** (pass) · upper
- Third Reading — **102–0** (pass) · lower

## Sponsors

- Doris Turner — primary (person)
- La Shawn K. Ford — primary (person)
- Dagmara Avelar — cosponsor (person)
- LaToya Greenwood — cosponsor (person)
- Mark L. Walker — cosponsor (person)
- Mattie Hunter — cosponsor (person)
- Maura Hirschauer — cosponsor (person)
- Mike Simmons — cosponsor (person)

## Timeline

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

- **2022-01-27** Filed with the Clerk by Rep. La Shawn K. Ford `filing`
- **2022-01-31** First Reading `reading-1`
- **2022-01-31** Referred to Rules Committee `referral-committee`
- **2022-02-09** Assigned to Financial Institutions Committee `referral-committee`
- **2022-02-15** Do Pass / Short Debate Financial Institutions Committee; 010-000-000 `committee-passage`
- **2022-02-16** Placed on Calendar 2nd Reading - Short Debate
- **2022-02-17** House Floor Amendment No. 1 Filed with Clerk by Rep. La Shawn K. Ford `amendment-introduction`
- **2022-02-17** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2022-02-22** House Floor Amendment No. 1 Rules Refers to Financial Institutions Committee
- **2022-02-22** House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions Committee; 008-000-000 `committee-passage-favorable`
- **2022-03-02** Second Reading - Short Debate `reading-2`
- **2022-03-02** Held on Calendar Order of Second Reading - Short Debate `reading-2`
- **2022-03-04** House Floor Amendment No. 1 Adopted `amendment-passage`
- **2022-03-04** Placed on Calendar Order of 3rd Reading - Short Debate
- **2022-03-04** Third Reading - Short Debate - Passed 102-000-000 `passage, reading-3`
- **2022-03-04** Added Chief Co-Sponsor Rep. Mark L. Walker
- **2022-03-04** Added Chief Co-Sponsor Rep. LaToya Greenwood
- **2022-03-04** Added Co-Sponsor Rep. Dagmara Avelar
- **2022-03-04** Added Co-Sponsor Rep. Maura Hirschauer
- **2022-03-07** Arrive in Senate `introduction`
- **2022-03-07** Placed on Calendar Order of First Reading `reading-1`
- **2022-03-07** Chief Senate Sponsor Sen. Doris Turner
- **2022-03-07** First Reading `reading-1`
- **2022-03-07** Referred to Assignments `referral-committee`
- **2022-03-16** Assigned to Financial Institutions `referral-committee`
- **2022-03-23** Postponed - Financial Institutions
- **2022-03-25** Rule 2-10 Committee Deadline Established As April 4, 2022
- **2022-03-29** Waive Posting Notice
- **2022-03-30** Added as Alternate Chief Co-Sponsor Sen. Mike Simmons
- **2022-03-30** Do Pass Financial Institutions; 007-000-000 `committee-passage`
- **2022-03-30** Placed on Calendar Order of 2nd Reading
- **2022-03-31** Second Reading `reading-2`
- **2022-03-31** Placed on Calendar Order of 3rd Reading April 1, 2022
- **2022-04-01** Third Reading - Passed; 050-000-000 `passage, reading-3`
- **2022-04-01** Passed Both Houses
- **2022-04-01** Added as Alternate Co-Sponsor Sen. Mattie Hunter
- **2022-04-28** Sent to the Governor `executive-receipt`
- **2022-05-13** Governor Approved `executive-signature`
- **2022-05-13** Effective Date January 1, 2023
- **2022-05-13** Public Act . . . . . . . . . 102-0802 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/16c95c4d-dd3a-47f5-97d8-41e02f3c0cb0`. Confidence: reported (aggregated from official Illinois legislature records).