Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
11 KiB
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
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| Bill | CREDIT UNIONS-VARIOUS | Amends the Illinois Credit Union Act. Authorizes a credit union to furnish information to any person on a list submitted and periodically updated by a member who is an elderly person or person with a disability or to specified other persons, if there is suspicion by the credit union that the member has been or may become a victim of financial exploitation. Provides that the board of directors of a credit union with a composite rating of either 1 or 2 under the Uniform Financial Institutions Rating System known as the CAMELS supervisory rating system and a management rating under such composite rating of either 1 or 2 may meet not less than 4 (instead of 6) times annually. Provides that the supervisory committee of a credit union with assets of less than $10,000,000 may, at its option, engage (instead of a credit union with assets of $5,000,000 or more, but less than $10,000,000 shall engage) a licensed certified public accountant or licensed certified public accounting firm to perform specified auditing and other services. Permits the merger of credit unions, without meeting certain voting and notice requirements, where supervisory concerns exist and upon agreement of the boards of directors of the merging and continuing credit unions, as confirmed by a majority vote of the directors present at a meeting of each board at which a quorum is present. Makes other changes. | us/states/il | Illinois General Assembly | 104th | HB 2785 | Illinois HB 2785 (104th) |
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enacted |
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7 | 73 | 10 | 2025-02-05 | 2025-08-15 | openstates | ocd-bill/718cac6f-d163-4d22-8f3e-1efe7d212d59 | https://ilga.gov/Legislation/BillStatus?DocNum=2785&GAID=18&DocTypeID=HB&LegId=160851&SessionID=114 | 60660d58bf56f995a9e85e3cf7d5026656a424bfa15e1eb48498aaab7f229415 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois HB 2785 (104th) — CREDIT UNIONS-VARIOUS
Amends the Illinois Credit Union Act. Authorizes a credit union to furnish information to any person on a list submitted and periodically updated by a member who is an elderly person or person with a disability or to specified other persons, if there is suspicion by the credit union that the member has been or may become a victim of financial exploitation. Provides that the board of directors of a credit union with a composite rating of either 1 or 2 under the Uniform Financial Institutions Rating System known as the CAMELS supervisory rating system and a management rating under such composite rating of either 1 or 2 may meet not less than 4 (instead of 6) times annually. Provides that the supervisory committee of a credit union with assets of less than $10,000,000 may, at its option, engage (instead of a credit union with assets of $5,000,000 or more, but less than $10,000,000 shall engage) a licensed certified public accountant or licensed certified public accounting firm to perform specified auditing and other services. Permits the merger of credit unions, without meeting certain voting and notice requirements, where supervisory concerns exist and upon agreement of the boards of directors of the merging and continuing credit unions, as confirmed by a majority vote of the directors present at a meeting of each board at which a quorum is present. Makes other changes.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- Introduced (filed) — source
- Engrossed (committee substitute) — source
- House Amendment 001 (committee substitute) — source
- Senate Amendment 001 (committee substitute) — source
- Senate Amendment 002 (committee substitute) — source
- Senate Amendment 003 (committee substitute) — source
- Enrolled (enrolled) — source
Votes
- Third Reading — 115–0 (pass) · lower
- Concurrence, Amendment 3 — 116–0 (pass) · lower
- Financial Institutions & Licensing — 12–0 (pass) · lower
- Executive, Amendment 3 — 12–0 (pass) · upper
- Insurance, Amendment 3 — 17–0 (pass) · lower
- Executive — 9–4 (pass) · upper
- Executive — 13–0 (pass) · upper
- Insurance — 17–0 (pass) · lower
- Third Reading — 57–0 (pass) · upper
- Concurrence — 116–0 (pass) · lower
Sponsors
- Martin J. Moylan — primary (person)
- Ram Villivalam — primary (person)
- Anthony DeLuca — cosponsor (person)
- Dave Vella — cosponsor (person)
- Hoan Huynh — cosponsor (person)
- Jay Hoffman — cosponsor (person)
- Joyce Mason — cosponsor (person)
- Linda Holmes — cosponsor (person)
- Margaret Croke — cosponsor (person)
- Mary Gill — cosponsor (person)
- Michael J. Kelly — cosponsor (person)
- Natalie A. Manley — cosponsor (person)
- Rick Ryan — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2025-02-05 Filed with the Clerk by Rep. Jay Hoffman
filing - 2025-02-06 First Reading
reading-1 - 2025-02-06 Referred to Rules Committee
- 2025-03-04 Assigned to Financial Institutions and Licensing Committee
referral-committee - 2025-03-04 House Committee Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman
amendment-introduction - 2025-03-04 House Committee Amendment No. 1 Referred to Rules Committee
- 2025-03-05 House Committee Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
- 2025-03-11 Added Chief Co-Sponsor Rep. Margaret Croke
- 2025-03-11 House Committee Amendment No. 1 Adopted in Financial Institutions and Licensing Committee; by Voice Vote
amendment-passage - 2025-03-11 Do Pass as Amended / Short Debate Financial Institutions and Licensing Committee; 012-000-000
- 2025-03-12 Placed on Calendar 2nd Reading - Short Debate
reading-2 - 2025-03-25 Second Reading - Short Debate
reading-2 - 2025-03-25 Placed on Calendar Order of 3rd Reading - Short Debate
- 2025-04-10 Chief Sponsor Changed to Rep. Ann M. Williams
- 2025-04-10 Added Chief Co-Sponsor Rep. Jay Hoffman
- 2025-04-10 Chief Sponsor Changed to Rep. Martin J. Moylan
- 2025-04-11 Third Reading - Short Debate - Passed 115-000-000
passage, reading-3 - 2025-04-11 Added Co-Sponsor Rep. Natalie A. Manley
- 2025-04-11 Added Co-Sponsor Rep. Michael J. Kelly
- 2025-04-11 Added Co-Sponsor Rep. Mary Gill
- 2025-04-11 Added Co-Sponsor Rep. Rick Ryan
- 2025-04-11 Added Co-Sponsor Rep. Joyce Mason
- 2025-04-11 Added Co-Sponsor Rep. Anthony DeLuca
- 2025-04-11 Added Co-Sponsor Rep. Dave Vella
- 2025-04-11 Added Co-Sponsor Rep. Hoan Huynh
- 2025-04-14 Arrive in Senate
introduction - 2025-04-14 Placed on Calendar Order of First Reading
reading-1 - 2025-04-14 Chief Senate Sponsor Sen. David Koehler
- 2025-04-14 First Reading
reading-1 - 2025-04-14 Referred to Assignments
- 2025-05-08 Assigned to Executive
referral-committee - 2025-05-09 Rule 2-10 Committee Deadline Established As May 23, 2025
- 2025-05-13 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
amendment-introduction - 2025-05-13 Senate Committee Amendment No. 1 Referred to Assignments
- 2025-05-13 Alternate Chief Sponsor Changed to Sen. Don Harmon
- 2025-05-14 Senate Committee Amendment No. 1 Assignments Refers to Executive
- 2025-05-14 Senate Committee Amendment No. 1 Adopted
amendment-passage - 2025-05-15 Do Pass as Amended Executive; 009-004-000
- 2025-05-15 Placed on Calendar Order of 2nd Reading
reading-2 - 2025-05-15 Second Reading
reading-2 - 2025-05-15 Placed on Calendar Order of 3rd Reading May 20, 2025
- 2025-05-23 Rule 2-10 Third Reading/Passage Deadline Established As June 1, 2025
- 2025-05-28 Senate Floor Amendment No. 2 Filed with Secretary by Sen. Ram Villivalam
amendment-introduction - 2025-05-28 Senate Floor Amendment No. 2 Referred to Assignments
- 2025-05-29 Senate Floor Amendment No. 3 Filed with Secretary by Sen. Ram Villivalam
amendment-introduction - 2025-05-29 Senate Floor Amendment No. 3 Referred to Assignments
- 2025-05-29 Senate Floor Amendment No. 3 Assignments Refers to Executive
- 2025-05-29 Alternate Chief Sponsor Changed to Sen. Ram Villivalam
- 2025-05-29 Added as Alternate Chief Co-Sponsor Sen. Linda Holmes
- 2025-05-29 Senate Floor Amendment No. 3 Recommend Do Adopt Executive; 012-000-000
- 2025-05-30 Recalled to Second Reading
reading-2 - 2025-05-30 Senate Floor Amendment No. 3 Adopted; Villivalam
amendment-passage - 2025-05-30 Placed on Calendar Order of 3rd Reading
- 2025-05-30 Third Reading - Passed; 057-000-000
passage, reading-3 - 2025-05-30 Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
amendment-failure - 2025-05-30 Arrived in House
introduction - 2025-05-30 Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 3
- 2025-05-30 Senate Committee Amendment No. 1 Motion Filed Concur Rep. Martin J. Moylan
- 2025-05-30 Senate Floor Amendment No. 3 Motion Filed Concur Rep. Martin J. Moylan
- 2025-05-30 Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
- 2025-05-30 Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee
- 2025-05-31 Senate Committee Amendment No. 1 Motion to Concur Rules Referred to Insurance Committee
- 2025-05-31 Senate Floor Amendment No. 3 Motion to Concur Rules Referred to Insurance Committee
- 2025-05-31 Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Insurance Committee; 017-000-000
- 2025-05-31 Senate Floor Amendment No. 3 Motion to Concur Recommends Be Adopted Insurance Committee; 017-000-000
- 2025-05-31 Senate Committee Amendment No. 1 House Concurs 116-000-000
- 2025-05-31 Senate Floor Amendment No. 3 House Concurs 116-000-000
- 2025-05-31 House Concurs
- 2025-05-31 Passed Both Houses
- 2025-06-24 Sent to the Governor
executive-receipt - 2025-08-15 Governor Approved
executive-signature - 2025-08-15 Effective Date August 15, 2025
- 2025-08-15 Public Act . . . . . . . . . 104-0248
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/718cac6f-d163-4d22-8f3e-1efe7d212d59. Confidence: reported (aggregated from official Illinois legislature records).