Fabio
6.2 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 | CREDIT UNION-REGULATIONS | Amends the Illinois Credit Union Act. Provides that a credit union organized under the laws of Illinois may elect to adopt an assumed corporate name that is not impermissible under applicable law. Establishes the requirements for a credit union to operate under an assumed corporate name. Provides additional criteria that the Director of the Illinois Department of Financial Institutions may use to direct and supervise all the administrative and technical activities of the Illinois Department of Financial Institutions. Contains provisions concerning the rules of office for Directors. Allows a credit union to purchase certain instruments that evidence an indebtedness of its members or of members of another credit union (now, a credit union may only purchase certain instruments of its members). Prohibits those other than an authorized user, without permission, from using the name of or a name similar to the name of an existing credit union when marketing or soliciting business from members or prospective members and provides penalties against those who violate the provision. Effective immediately. | us/states/il | Illinois General Assembly | 95th | HB 1288 | Illinois HB 1288 (95th) |
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enacted | 3 | 29 | 2 | 2007-02-15 | 2007-08-13 | openstates | ocd-bill/d4dc65ad-6c05-4e35-9919-cd0d4f7e3788 | http://ilga.gov/legislation/BillStatus.asp?DocNum=1288&GAID=9&DocTypeID=HB&LegId=30053&SessionID=51&GA=95 | ac209179cb6494bdd86c863b6f18db9ee3d1f578b576f3f1d092c869ddf9ab13 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois HB 1288 (95th) — CREDIT UNION-REGULATIONS
Amends the Illinois Credit Union Act. Provides that a credit union organized under the laws of Illinois may elect to adopt an assumed corporate name that is not impermissible under applicable law. Establishes the requirements for a credit union to operate under an assumed corporate name. Provides additional criteria that the Director of the Illinois Department of Financial Institutions may use to direct and supervise all the administrative and technical activities of the Illinois Department of Financial Institutions. Contains provisions concerning the rules of office for Directors. Allows a credit union to purchase certain instruments that evidence an indebtedness of its members or of members of another credit union (now, a credit union may only purchase certain instruments of its members). Prohibits those other than an authorized user, without permission, from using the name of or a name similar to the name of an existing credit union when marketing or soliciting business from members or prospective members and provides penalties against those who violate the provision. Effective immediately.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Third Reading — 57–0 (pass) · upper
- Third Reading — 113–0 (pass) · lower
Sponsors
- Thomas Holbrook — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2007-02-15 Filed with the Clerk by Rep. Thomas Holbrook
filing - 2007-02-20 First Reading
reading-1 - 2007-02-20 Referred to Rules Committee
referral-committee - 2007-02-22 Assigned to Financial Institutions Committee
referral-committee - 2007-03-06 House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee
amendment-introduction - 2007-03-06 House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
amendment-passage - 2007-03-06 Do Pass as Amended / Short Debate Financial Institutions Committee; 015-000-000
committee-passage - 2007-03-07 Placed on Calendar 2nd Reading - Short Debate
- 2007-03-07 Added Chief Co-Sponsor Rep. Joseph M. Lyons
- 2007-03-13 Second Reading - Short Debate
reading-2 - 2007-03-13 Placed on Calendar Order of 3rd Reading - Short Debate
- 2007-03-22 Third Reading - Short Debate - Passed 113-000-000
reading-3, passage - 2007-03-27 Arrive in Senate
introduction - 2007-03-27 Placed on Calendar Order of First Reading March 28, 2007
reading-1 - 2007-03-27 Chief Senate Sponsor Sen. William R. Haine
- 2007-03-28 First Reading
reading-1 - 2007-03-28 Referred to Rules
referral-committee - 2007-03-30 Assigned to Financial Institutions
referral-committee - 2007-04-20 Do Pass Financial Institutions; 006-000-000
committee-passage - 2007-04-20 Placed on Calendar Order of 2nd Reading April 24, 2007
- 2007-04-20 Added as Alternate Chief Co-Sponsor Sen. Dan Rutherford
- 2007-05-03 Second Reading
reading-2 - 2007-05-03 Placed on Calendar Order of 3rd Reading May 8, 2007
- 2007-05-16 Third Reading - Passed; 057-000-000
reading-3, passage - 2007-05-16 Passed Both Houses
- 2007-06-14 Sent to the Governor
executive-receipt - 2007-08-13 Governor Approved
executive-signature - 2007-08-13 Effective Date August 13, 2007
- 2007-08-13 Public Act . . . . . . . . . 95-0098
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/d4dc65ad-6c05-4e35-9919-cd0d4f7e3788. Confidence: reported (aggregated from official Illinois legislature records).