Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
8.4 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
| 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 | BANKING-VARIOUS | Amends the Illinois Banking Act. Makes changes to the membership of the State Banking Board of Illinois. Provides that a bank may borrow or incur an obligation and pledge assets to secure deposits. Provides that a bank may provide data processing services to a person for profit. Provides that a bank may invest in financial futures or options transactions. Provides that the board of directors of a bank may provide by resolution that stockholders may attend, participate in, act in, and vote at any annual meeting or special meeting through the use of a conference telephone or interactive technology if specified conditions are satisfied. Provides that a person who makes, or causes to be made, a false statement or false entry with intent to deceive any person or persons authorized to examine into the affairs of the bank or the subsidiary or holding company of that bank, the branch of an out-of-state bank with intent to deceive the Commissioner of Banks and Real Estate or his administrative officers in the performance of their duties under the Act shall be subject to civil penalties imposed by the Commissioner (rather than be guilty of a Class 3 felony). Provides that the Board may authorize the transfer of funds from the Bank and Trust Company Fund. Amends the Savings Bank Act. Provides that the board of directors of a savings bank may provide by resolution that members or stockholders may attend, participate in, act in, and vote at any annual meeting or special meeting through the use of a conference telephone or interactive technology if specified conditions are satisfied. Provides that a savings bank may loan funds through the purchase of fixed rate annuity contracts. Provides that a savings bank may accept deposits made by a minor and may open an account in the name of the minor, and the rules and regulations of the savings bank with respect to each deposit and account shall be as binding upon the minor as if the minor were of full age and legal capacity. Makes changes to various provisions concerning notice to allow for electronic notice. Makes other changes. Amends the Illinois Credit Union Act. Does not prohibit the furnishing of financial records of a deceased member to a public administrator of any county or other governmental jurisdiction for the purpose of facilitating burial of the customer. Makes other changes. Effective immediately. | us/states/il | Illinois General Assembly | 104th | HB 3467 | Illinois HB 3467 (104th) |
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enacted |
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3 | 27 | 4 | 2025-02-07 | 2025-08-15 | openstates | ocd-bill/dc1fa66a-55bf-43dd-8b8d-dbbc3df41924 | https://ilga.gov/Legislation/BillStatus?DocNum=3467&GAID=18&DocTypeID=HB&LegId=162110&SessionID=114 | 968735ffbd3b35b5148c7aad24a62a22fe70ed33578b0fbeb4618641f7a6e01b | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois HB 3467 (104th) — BANKING-VARIOUS
Amends the Illinois Banking Act. Makes changes to the membership of the State Banking Board of Illinois. Provides that a bank may borrow or incur an obligation and pledge assets to secure deposits. Provides that a bank may provide data processing services to a person for profit. Provides that a bank may invest in financial futures or options transactions. Provides that the board of directors of a bank may provide by resolution that stockholders may attend, participate in, act in, and vote at any annual meeting or special meeting through the use of a conference telephone or interactive technology if specified conditions are satisfied. Provides that a person who makes, or causes to be made, a false statement or false entry with intent to deceive any person or persons authorized to examine into the affairs of the bank or the subsidiary or holding company of that bank, the branch of an out-of-state bank with intent to deceive the Commissioner of Banks and Real Estate or his administrative officers in the performance of their duties under the Act shall be subject to civil penalties imposed by the Commissioner (rather than be guilty of a Class 3 felony). Provides that the Board may authorize the transfer of funds from the Bank and Trust Company Fund. Amends the Savings Bank Act. Provides that the board of directors of a savings bank may provide by resolution that members or stockholders may attend, participate in, act in, and vote at any annual meeting or special meeting through the use of a conference telephone or interactive technology if specified conditions are satisfied. Provides that a savings bank may loan funds through the purchase of fixed rate annuity contracts. Provides that a savings bank may accept deposits made by a minor and may open an account in the name of the minor, and the rules and regulations of the savings bank with respect to each deposit and account shall be as binding upon the minor as if the minor were of full age and legal capacity. Makes changes to various provisions concerning notice to allow for electronic notice. Makes other changes. Amends the Illinois Credit Union Act. Does not prohibit the furnishing of financial records of a deceased member to a public administrator of any county or other governmental jurisdiction for the purpose of facilitating burial of the customer. Makes other changes. Effective immediately.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Financial Institutions & Licensing — 10–0 (pass) · lower
- Third Reading — 58–0 (pass) · upper
- Third Reading — 113–0 (pass) · lower
- Financial Institutions — 5–0 (pass) · upper
Sponsors
- Dagmara Avelar — primary (person)
- Robert F. Martwick — primary (person)
- Jason Plummer — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2025-02-07 Filed with the Clerk by Rep. Dagmara Avelar
filing - 2025-02-18 First Reading
reading-1 - 2025-02-18 Referred to Rules Committee
- 2025-03-11 Assigned to Financial Institutions and Licensing Committee
referral-committee - 2025-03-18 Do Pass / Short Debate Financial Institutions and Licensing Committee; 010-000-000
- 2025-03-19 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
- 2025-04-08 Third Reading - Short Debate - Passed 113-000-000
passage, reading-3 - 2025-04-09 Arrive in Senate
introduction - 2025-04-09 Placed on Calendar Order of First Reading
reading-1 - 2025-04-09 Chief Senate Sponsor Sen. Robert F. Martwick
- 2025-04-09 First Reading
reading-1 - 2025-04-09 Referred to Assignments
- 2025-04-23 Assigned to Financial Institutions
referral-committee - 2025-04-30 Do Pass Financial Institutions; 005-000-000
- 2025-04-30 Placed on Calendar Order of 2nd Reading May 1, 2025
reading-2 - 2025-05-07 Second Reading
reading-2 - 2025-05-07 Placed on Calendar Order of 3rd Reading May 8, 2025
- 2025-05-20 Placed on Calendar Order of 3rd Reading **
- 2025-05-21 Added as Alternate Chief Co-Sponsor Sen. Jason Plummer
- 2025-05-22 Third Reading - Passed; 058-000-000
passage, reading-3 - 2025-05-22 Passed Both Houses
- 2025-06-20 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 . . . . . . . . . 104-0310
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/dc1fa66a-55bf-43dd-8b8d-dbbc3df41924. Confidence: reported (aggregated from official Illinois legislature records).