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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
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-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)
bill
enacted
Dagmara Avelar
Robert F. Martwick
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
legislation
bill
us-il

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.

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

Votes

  • Financial Institutions & Licensing — 100 (pass) · lower
  • Third Reading — 580 (pass) · upper
  • Third Reading — 1130 (pass) · lower
  • Financial Institutions — 50 (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).