Fabio
141 lines
9.1 KiB
Markdown
141 lines
9.1 KiB
Markdown
---
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type: "Bill"
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title: "BANK ACT-AFFILIATE-COMM ACTIV"
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description: "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."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "95th"
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identifier: "HB 497"
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citation: "Illinois HB 497 (95th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 79
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vote_count: 4
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first_action: "2007-01-30"
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last_action: "2007-08-28"
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source: "openstates"
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source_identifier: "ocd-bill/4aecc59b-18ad-4c0a-ba51-d27cec252224"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=497&GAID=9&DocTypeID=HB&LegId=27504&SessionID=51&GA=95"
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source_hash: "4ad83e4d87d5c8c0c4c1aa40fb9cd15849bd0c0b0f07cc62f78bc7aa379230b3"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 497 (95th) — BANK ACT-AFFILIATE-COMM ACTIV
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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.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB0497&GA=95&SessionId=51&DocTypeId=HB&LegID=27504&DocNum=497&GAID=9&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB0497eng&GA=95&SessionId=51&DocTypeId=HB&LegID=27504&DocNum=497&GAID=9&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB0497enr&GA=95&SessionId=51&DocTypeId=HB&LegID=27504&DocNum=497&GAID=9&Session=&print=true)
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## Votes
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- Concurrence — **104–0** (pass) · lower
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- Third Reading — **111–0** (pass) · lower
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- Concurrence, Amendment 3 — **104–0** (pass) · lower
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- Third Reading — **59–0** (pass) · upper
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## Sponsors
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- Joseph M. Lyons — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2007-01-30** Filed with the Clerk by Rep. Joseph M. Lyons `filing`
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- **2007-01-30** Chief Co-Sponsor Rep. Bill Mitchell
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- **2007-01-30** Chief Co-Sponsor Rep. Mike Boland
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- **2007-02-01** First Reading `reading-1`
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- **2007-02-01** Referred to Rules Committee `referral-committee`
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- **2007-02-07** Assigned to Financial Institutions Committee `referral-committee`
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- **2007-02-08** Added Co-Sponsor Rep. Daniel J. Burke
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- **2007-02-09** Added Co-Sponsor Rep. Chapin Rose
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- **2007-02-15** Added Co-Sponsor Rep. Lisa M. Dugan
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- **2007-02-16** Added Co-Sponsor Rep. Roger L. Eddy
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- **2007-02-21** Added Co-Sponsor Rep. Shane Cultra
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- **2007-02-21** Added Co-Sponsor Rep. Aaron Schock
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- **2007-02-21** Added Co-Sponsor Rep. John D'Amico
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- **2007-02-21** Added Chief Co-Sponsor Rep. Patricia R. Bellock
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- **2007-02-21** Added Co-Sponsor Rep. Thomas Holbrook
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- **2007-02-21** Added Co-Sponsor Rep. Michael K. Smith
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- **2007-02-21** Added Co-Sponsor Rep. Rich Brauer
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- **2007-02-21** House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee `amendment-introduction`
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- **2007-02-21** House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote `amendment-passage`
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- **2007-02-21** Do Pass as Amended / Short Debate Financial Institutions Committee; 019-000-001 `committee-passage`
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- **2007-02-22** Placed on Calendar 2nd Reading - Short Debate
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- **2007-02-22** Added Co-Sponsor Rep. Jim Watson
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- **2007-02-22** Added Co-Sponsor Rep. Harry Osterman
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- **2007-02-22** Added Chief Co-Sponsor Rep. Monique D. Davis
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- **2007-02-22** Added Co-Sponsor Rep. Richard T. Bradley
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- **2007-02-23** Second Reading - Short Debate `reading-2`
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- **2007-02-23** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2007-03-01** Third Reading - Short Debate - Passed 111-000-003 `reading-3, passage`
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- **2007-03-06** Arrive in Senate `introduction`
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- **2007-03-06** Placed on Calendar Order of First Reading March 7, 2007 `reading-1`
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- **2007-03-06** Chief Senate Sponsor Sen. Terry Link
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- **2007-03-08** First Reading `reading-1`
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- **2007-03-08** Referred to Rules `referral-committee`
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- **2007-03-27** Added as Alternate Chief Co-Sponsor Sen. Susan Garrett
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- **2007-03-30** Assigned to Financial Institutions `referral-committee`
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- **2007-04-20** Held in Financial Institutions
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- **2007-05-01** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link `amendment-introduction`
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- **2007-05-01** Senate Committee Amendment No. 1 Referred to Rules `referral-committee`
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- **2007-05-02** Senate Committee Amendment No. 1 Rules Refers to Financial Institutions
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- **2007-05-02** Alternate Chief Sponsor Changed to Sen. John J. Cullerton
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- **2007-05-08** Alternate Chief Sponsor Changed to Sen. Terry Link
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- **2007-05-08** Added as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins
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- **2007-05-08** Senate Committee Amendment No. 2 Filed with Secretary by Sen. Terry Link `amendment-introduction`
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- **2007-05-08** Senate Committee Amendment No. 2 Referred to Rules `referral-committee`
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- **2007-05-09** Senate Committee Amendment No. 2 Rules Refers to Financial Institutions
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- **2007-05-15** Senate Committee Amendment No. 2 Adopted `amendment-passage`
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- **2007-05-15** Do Pass as Amended Financial Institutions; 007-000-000 `committee-passage`
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- **2007-05-15** Placed on Calendar Order of 2nd Reading May 16, 2007
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- **2007-05-15** Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Rules `referral-committee`
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- **2007-05-18** Senate Floor Amendment No. 3 Filed with Secretary by Sen. Terry Link `amendment-introduction`
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- **2007-05-18** Senate Floor Amendment No. 3 Referred to Rules `referral-committee`
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- **2007-05-22** Second Reading `reading-2`
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- **2007-05-22** Placed on Calendar Order of 3rd Reading May 23, 2007
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- **2007-05-23** Senate Floor Amendment No. 3 Rules Refers to Financial Institutions
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- **2007-05-24** Senate Floor Amendment No. 3 Recommend Do Adopt Financial Institutions; 006-000-000
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- **2007-05-25** Rule 2-10 Third Reading Deadline Established As May 31, 2007 `reading-3`
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- **2007-05-30** Recalled to Second Reading `reading-2`
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- **2007-05-30** Senate Floor Amendment No. 3 Adopted; Link `amendment-passage`
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- **2007-05-30** Placed on Calendar Order of 3rd Reading
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- **2007-05-30** Third Reading - Passed; 059-000-000 `reading-3, passage`
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- **2007-05-30** Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a) `amendment-failure`
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- **2007-05-30** Arrived in House `introduction`
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- **2007-05-30** Placed on Calendar Order of Concurrence Senate Amendment(s) 2,3
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- **2007-05-30** Senate Committee Amendment No. 2 Motion Filed Concur Rep. Joseph M. Lyons
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- **2007-05-30** Senate Floor Amendment No. 3 Motion Filed Concur Rep. Joseph M. Lyons
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- **2007-05-30** Senate Committee Amendment No. 2 Motion to Concur Referred to Rules Committee `referral-committee`
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- **2007-05-30** Senate Floor Amendment No. 3 Motion to Concur Referred to Rules Committee `referral-committee`
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- **2007-05-31** Senate Committee Amendment No. 2 Motion to Concur Rules Referred to Financial Institutions Committee `referral-committee`
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- **2007-05-31** Senate Floor Amendment No. 3 Motion to Concur Rules Referred to Financial Institutions Committee `referral-committee`
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- **2007-05-31** Senate Committee Amendment No. 2 Motion to Concur Recommends be Adopted Financial Institutions Committee; 018-000-000
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- **2007-05-31** Senate Floor Amendment No. 3 Motion to Concur Recommends be Adopted Financial Institutions Committee; 018-000-000
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- **2007-05-31** Final Action Deadline Extended-9(b) June 8, 2007
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- **2007-06-01** Senate Committee Amendment No. 2 House Concurs 104-000-003
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- **2007-06-01** Senate Floor Amendment No. 3 House Concurs 104-000-003
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- **2007-06-01** Passed Both Houses
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- **2007-06-29** Sent to the Governor `executive-receipt`
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- **2007-08-28** Governor Approved `executive-signature`
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- **2007-08-28** Effective Date August 28, 2007
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- **2007-08-28** Public Act . . . . . . . . . 95-0526 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4aecc59b-18ad-4c0a-ba51-d27cec252224`. Confidence: reported (aggregated from official Illinois legislature records).
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