republic-os/legislation/us/states/il/97th/hb-3050.md

---
type: "Bill"
title: "IL CREDIT UNION-HEARING REQ"
description: "Amends the Illinois Credit Union Act. Provides that if a credit union requests a hearing in response to an order of a fine, the Secretary of Financial and Professional Regulation shall schedule a hearing within 30 days after the request and the order shall be stayed until the final administrative order is entered. Makes changes in provisions concerning reciprocity, the powers and duties of the Secretary, powers of a credit union, and vacancies in the board of directors. Makes other changes. Also makes technical changes concerning the capitalization of \"articles of incorporation,\" \"board of directors,\" \"credit committee,\" \"chairman,\" and other terms. Effective January 1, 2012."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "97th"
identifier: "HB 3050"
citation: "Illinois HB 3050 (97th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 32
vote_count: 2
first_action: "2011-02-23"
last_action: "2011-07-14"
source: "openstates"
source_identifier: "ocd-bill/eb6e3c70-6a1f-4158-b2c0-56d6fa71d8a0"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3050&GAID=11&DocTypeID=HB&LegId=60400&SessionID=84&GA=97"
source_hash: "559c4f72ccd0c16399d2f6358154114538f2cf9f4de0fce52dcfc9e1f9b3e76f"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois HB 3050 (97th) — IL CREDIT UNION-HEARING REQ

Amends the Illinois Credit Union Act. Provides that if a credit union requests a hearing in response to an order of a fine, the Secretary of Financial and Professional Regulation shall schedule a hearing within 30 days after the request and the order shall be stayed until the final administrative order is entered. Makes changes in provisions concerning reciprocity, the powers and duties of the Secretary, powers of a credit union, and vacancies in the board of directors. Makes other changes. Also makes technical changes concerning the capitalization of "articles of incorporation," "board of directors," "credit committee," "chairman," and other terms. Effective January 1, 2012.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB3050&GA=97&SessionId=84&DocTypeId=HB&LegID=60400&DocNum=3050&GAID=11&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB3050eng&GA=97&SessionId=84&DocTypeId=HB&LegID=60400&DocNum=3050&GAID=11&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB3050enr&GA=97&SessionId=84&DocTypeId=HB&LegID=60400&DocNum=3050&GAID=11&Session=&print=true)

## Votes

- Third Reading — **116–0** (pass) · lower
- Third Reading — **57–0** (pass) · upper

## Sponsors

- Joseph M. Lyons — primary (person)

## Timeline

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

- **2011-02-23** Filed with the Clerk by Rep. Joseph M. Lyons `filing`
- **2011-02-23** First Reading `reading-1`
- **2011-02-23** Referred to Rules Committee `referral-committee`
- **2011-02-28** Assigned to Financial Institutions Committee `referral-committee`
- **2011-03-04** House Committee Amendment No. 1 Filed with Clerk by Rep. Joseph M. Lyons `amendment-introduction`
- **2011-03-04** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2011-03-08** House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
- **2011-03-08** House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote `amendment-passage`
- **2011-03-08** Do Pass as Amended / Short Debate Financial Institutions Committee; 021-000-000 `committee-passage`
- **2011-03-09** Placed on Calendar 2nd Reading - Short Debate
- **2011-03-09** Added Chief Co-Sponsor Rep. Brandon W. Phelps
- **2011-03-09** Added Chief Co-Sponsor Rep. Franco Coladipietro
- **2011-03-09** Added Chief Co-Sponsor Rep. Thomas Holbrook
- **2011-03-17** Second Reading - Short Debate `reading-2`
- **2011-03-17** Placed on Calendar Order of 3rd Reading - Short Debate
- **2011-03-30** Third Reading - Short Debate - Passed 116-000-000 `reading-3, passage`
- **2011-03-31** Arrive in Senate `introduction`
- **2011-03-31** Placed on Calendar Order of First Reading `reading-1`
- **2011-03-31** Chief Senate Sponsor Sen. David Koehler
- **2011-03-31** First Reading `reading-1`
- **2011-03-31** Referred to Assignments `referral-committee`
- **2011-04-27** Assigned to Financial Institutions `referral-committee`
- **2011-05-05** Do Pass Financial Institutions; 011-000-000 `committee-passage`
- **2011-05-05** Placed on Calendar Order of 2nd Reading May 6, 2011
- **2011-05-06** Second Reading `reading-2`
- **2011-05-06** Placed on Calendar Order of 3rd Reading May 10, 2011
- **2011-05-12** Third Reading - Passed; 057-000-000 `reading-3, passage`
- **2011-05-12** Passed Both Houses
- **2011-06-10** Sent to the Governor `executive-receipt`
- **2011-07-14** Governor Approved `executive-signature`
- **2011-07-14** Effective Date January 1, 2012
- **2011-07-14** Public Act . . . . . . . . . 97-0133 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/eb6e3c70-6a1f-4158-b2c0-56d6fa71d8a0`. Confidence: reported (aggregated from official Illinois legislature records).