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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 BANK ACT-AFFILIATE-COMM ACTIV Amends the Illinois Banking Act. Prohibits banks from establishing a branch on or adjacent to the premises of an affiliate of the bank if the affiliate engages in commercial activity that could not lawfully be conducted by a bank holding company, a financial holding company, or their subsidiaries. Provides that if an entity attempts to locate an office of an affiliate on or adjacent to the premises of the bank office or branch, then the entity must cease to operate its bank office or branch at that location. Effective immediately. us/states/il Illinois General Assembly 95th HB 497 Illinois HB 497 (95th)
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3 79 4 2007-01-30 2007-08-28 openstates ocd-bill/4aecc59b-18ad-4c0a-ba51-d27cec252224 http://ilga.gov/legislation/BillStatus.asp?DocNum=497&GAID=9&DocTypeID=HB&LegId=27504&SessionID=51&GA=95 4ad83e4d87d5c8c0c4c1aa40fb9cd15849bd0c0b0f07cc62f78bc7aa379230b3 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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Illinois HB 497 (95th) — BANK ACT-AFFILIATE-COMM ACTIV

Amends the Illinois Banking Act. Prohibits banks from establishing a branch on or adjacent to the premises of an affiliate of the bank if the affiliate engages in commercial activity that could not lawfully be conducted by a bank holding company, a financial holding company, or their subsidiaries. Provides that if an entity attempts to locate an office of an affiliate on or adjacent to the premises of the bank office or branch, then the entity must cease to operate its bank office or branch at that location. 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

  • Concurrence — 1040 (pass) · lower
  • Third Reading — 1110 (pass) · lower
  • Concurrence, Amendment 3 — 1040 (pass) · lower
  • Third Reading — 590 (pass) · upper

Sponsors

  • Joseph M. Lyons — primary (person)

Timeline

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

  • 2007-01-30 Filed with the Clerk by Rep. Joseph M. Lyons filing
  • 2007-01-30 Chief Co-Sponsor Rep. Bill Mitchell
  • 2007-01-30 Chief Co-Sponsor Rep. Mike Boland
  • 2007-02-01 First Reading reading-1
  • 2007-02-01 Referred to Rules Committee referral-committee
  • 2007-02-07 Assigned to Financial Institutions Committee referral-committee
  • 2007-02-08 Added Co-Sponsor Rep. Daniel J. Burke
  • 2007-02-09 Added Co-Sponsor Rep. Chapin Rose
  • 2007-02-15 Added Co-Sponsor Rep. Lisa M. Dugan
  • 2007-02-16 Added Co-Sponsor Rep. Roger L. Eddy
  • 2007-02-21 Added Co-Sponsor Rep. Shane Cultra
  • 2007-02-21 Added Co-Sponsor Rep. Aaron Schock
  • 2007-02-21 Added Co-Sponsor Rep. John D'Amico
  • 2007-02-21 Added Chief Co-Sponsor Rep. Patricia R. Bellock
  • 2007-02-21 Added Co-Sponsor Rep. Thomas Holbrook
  • 2007-02-21 Added Co-Sponsor Rep. Michael K. Smith
  • 2007-02-21 Added Co-Sponsor Rep. Rich Brauer
  • 2007-02-21 House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee amendment-introduction
  • 2007-02-21 House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote amendment-passage
  • 2007-02-21 Do Pass as Amended / Short Debate Financial Institutions Committee; 019-000-001 committee-passage
  • 2007-02-22 Placed on Calendar 2nd Reading - Short Debate
  • 2007-02-22 Added Co-Sponsor Rep. Jim Watson
  • 2007-02-22 Added Co-Sponsor Rep. Harry Osterman
  • 2007-02-22 Added Chief Co-Sponsor Rep. Monique D. Davis
  • 2007-02-22 Added Co-Sponsor Rep. Richard T. Bradley
  • 2007-02-23 Second Reading - Short Debate reading-2
  • 2007-02-23 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2007-03-01 Third Reading - Short Debate - Passed 111-000-003 reading-3, passage
  • 2007-03-06 Arrive in Senate introduction
  • 2007-03-06 Placed on Calendar Order of First Reading March 7, 2007 reading-1
  • 2007-03-06 Chief Senate Sponsor Sen. Terry Link
  • 2007-03-08 First Reading reading-1
  • 2007-03-08 Referred to Rules referral-committee
  • 2007-03-27 Added as Alternate Chief Co-Sponsor Sen. Susan Garrett
  • 2007-03-30 Assigned to Financial Institutions referral-committee
  • 2007-04-20 Held in Financial Institutions
  • 2007-05-01 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link amendment-introduction
  • 2007-05-01 Senate Committee Amendment No. 1 Referred to Rules referral-committee
  • 2007-05-02 Senate Committee Amendment No. 1 Rules Refers to Financial Institutions
  • 2007-05-02 Alternate Chief Sponsor Changed to Sen. John J. Cullerton
  • 2007-05-08 Alternate Chief Sponsor Changed to Sen. Terry Link
  • 2007-05-08 Added as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins
  • 2007-05-08 Senate Committee Amendment No. 2 Filed with Secretary by Sen. Terry Link amendment-introduction
  • 2007-05-08 Senate Committee Amendment No. 2 Referred to Rules referral-committee
  • 2007-05-09 Senate Committee Amendment No. 2 Rules Refers to Financial Institutions
  • 2007-05-15 Senate Committee Amendment No. 2 Adopted amendment-passage
  • 2007-05-15 Do Pass as Amended Financial Institutions; 007-000-000 committee-passage
  • 2007-05-15 Placed on Calendar Order of 2nd Reading May 16, 2007
  • 2007-05-15 Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Rules referral-committee
  • 2007-05-18 Senate Floor Amendment No. 3 Filed with Secretary by Sen. Terry Link amendment-introduction
  • 2007-05-18 Senate Floor Amendment No. 3 Referred to Rules referral-committee
  • 2007-05-22 Second Reading reading-2
  • 2007-05-22 Placed on Calendar Order of 3rd Reading May 23, 2007
  • 2007-05-23 Senate Floor Amendment No. 3 Rules Refers to Financial Institutions
  • 2007-05-24 Senate Floor Amendment No. 3 Recommend Do Adopt Financial Institutions; 006-000-000
  • 2007-05-25 Rule 2-10 Third Reading Deadline Established As May 31, 2007 reading-3
  • 2007-05-30 Recalled to Second Reading reading-2
  • 2007-05-30 Senate Floor Amendment No. 3 Adopted; Link amendment-passage
  • 2007-05-30 Placed on Calendar Order of 3rd Reading
  • 2007-05-30 Third Reading - Passed; 059-000-000 reading-3, passage
  • 2007-05-30 Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a) amendment-failure
  • 2007-05-30 Arrived in House introduction
  • 2007-05-30 Placed on Calendar Order of Concurrence Senate Amendment(s) 2,3
  • 2007-05-30 Senate Committee Amendment No. 2 Motion Filed Concur Rep. Joseph M. Lyons
  • 2007-05-30 Senate Floor Amendment No. 3 Motion Filed Concur Rep. Joseph M. Lyons
  • 2007-05-30 Senate Committee Amendment No. 2 Motion to Concur Referred to Rules Committee referral-committee
  • 2007-05-30 Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee referral-committee
  • 2007-05-31 Senate Committee Amendment No. 2 Motion to Concur Rules Referred to Financial Institutions Committee referral-committee
  • 2007-05-31 Senate Floor Amendment No. 3 Motion to Concur Rules Referred to Financial Institutions Committee referral-committee
  • 2007-05-31 Senate Committee Amendment No. 2 Motion to Concur Recommends be Adopted Financial Institutions Committee; 018-000-000
  • 2007-05-31 Senate Floor Amendment No. 3 Motion to Concur Recommends be Adopted Financial Institutions Committee; 018-000-000
  • 2007-05-31 Final Action Deadline Extended-9(b) June 8, 2007
  • 2007-06-01 Senate Committee Amendment No. 2 House Concurs 104-000-003
  • 2007-06-01 Senate Floor Amendment No. 3 House Concurs 104-000-003
  • 2007-06-01 Passed Both Houses
  • 2007-06-29 Sent to the Governor executive-receipt
  • 2007-08-28 Governor Approved executive-signature
  • 2007-08-28 Effective Date August 28, 2007
  • 2007-08-28 Public Act . . . . . . . . . 95-0526 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/4aecc59b-18ad-4c0a-ba51-d27cec252224. Confidence: reported (aggregated from official Illinois legislature records).