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republic-os/legislation/us/states/il/98th/hb-5685.md
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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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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 REPEAL SAVINGS AND LOAN ACT Repeals the Illinois Savings and Loan Act of 1985. Amends the Savings Bank Act. Deletes the definition of "impairment" and related provisions and defines "out-of-state savings bank". Adds provisions regarding the deposit of moneys into the Savings Bank Regulatory Fund. Adds an Article concerning the effect of the repeal of the Illinois Savings and Loan Act of 1985 and an Article that establishes the Board of Savings Banks and creates provisions concerning appointment to the Board, the organization of the Board, meetings of the Board, and the powers of the Board. Amends the Corporate Fiduciary Act. Provides that the Secretary of Financial and Professional Regulation or any person appointed as a receiver shall have all the powers, rights, and privileges as the Federal Deposit Insurance Corporation. Amends the State Finance Act. Changes the name of the Savings and Residential Finance Regulatory Fund to the Residential Finance Regulatory Fund and changes the name of the Savings Bank Institutions Regulatory Fund to the Savings Bank Regulatory Fund. Amends the Illinois Banking Act. Provides that the Secretary of Financial and Professional Regulation or any person appointed as a receiver shall have all the powers, rights, and privileges as the Federal Deposit Insurance Corporation. Amends the Residential Mortgage License Act of 1987. Deletes provisions concerning the Commissioner of Banks and Real Estate. Makes other changes. us/states/il Illinois General Assembly 98th HB 5685 Illinois HB 5685 (98th)
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3 49 3 2014-02-14 2014-08-26 openstates ocd-bill/94bfc1ab-bd17-4430-b0db-1f2646859d98 http://ilga.gov/legislation/BillStatus.asp?DocNum=5685&GAID=12&DocTypeID=HB&LegId=80853&SessionID=85&GA=98 3881dbd854ee97b87a016c7f7b69a2f11703e418fb4d36325155bcf8c56b74f5 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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Illinois HB 5685 (98th) — REPEAL SAVINGS AND LOAN ACT

Repeals the Illinois Savings and Loan Act of 1985. Amends the Savings Bank Act. Deletes the definition of "impairment" and related provisions and defines "out-of-state savings bank". Adds provisions regarding the deposit of moneys into the Savings Bank Regulatory Fund. Adds an Article concerning the effect of the repeal of the Illinois Savings and Loan Act of 1985 and an Article that establishes the Board of Savings Banks and creates provisions concerning appointment to the Board, the organization of the Board, meetings of the Board, and the powers of the Board. Amends the Corporate Fiduciary Act. Provides that the Secretary of Financial and Professional Regulation or any person appointed as a receiver shall have all the powers, rights, and privileges as the Federal Deposit Insurance Corporation. Amends the State Finance Act. Changes the name of the Savings and Residential Finance Regulatory Fund to the Residential Finance Regulatory Fund and changes the name of the Savings Bank Institutions Regulatory Fund to the Savings Bank Regulatory Fund. Amends the Illinois Banking Act. Provides that the Secretary of Financial and Professional Regulation or any person appointed as a receiver shall have all the powers, rights, and privileges as the Federal Deposit Insurance Corporation. Amends the Residential Mortgage License Act of 1987. Deletes provisions concerning the Commissioner of Banks and Real Estate. Makes other changes.

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

  • Third Reading — 112–0 (pass) · lower
  • Concurrence, Amendment 1 — 113–0 (pass) · lower
  • Third Reading — 56–0 (pass) · upper

Sponsors

  • Maria Antonia Berrios — primary (person)
  • Martin A. Sandoval — cosponsor (person)

Timeline

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

  • 2014-02-14 Filed with the Clerk by Rep. Maria Antonia Berrios filing
  • 2014-02-14 First Reading reading-1
  • 2014-02-14 Referred to Rules Committee referral-committee
  • 2014-03-19 Assigned to Financial Institutions Committee referral-committee
  • 2014-03-20 House Committee Amendment No. 1 Filed with Clerk by Rep. Maria Antonia Berrios amendment-introduction
  • 2014-03-20 House Committee Amendment No. 1 Referred to Rules Committee referral-committee
  • 2014-03-21 House Committee Amendment No. 2 Filed with Clerk by Rep. Maria Antonia Berrios amendment-introduction
  • 2014-03-21 House Committee Amendment No. 2 Referred to Rules Committee referral-committee
  • 2014-03-24 House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
  • 2014-03-25 House Committee Amendment No. 2 Rules Refers to Financial Institutions Committee
  • 2014-03-25 House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote amendment-passage
  • 2014-03-25 House Committee Amendment No. 2 Adopted in Financial Institutions Committee; by Voice Vote amendment-passage
  • 2014-03-25 Do Pass as Amended / Short Debate Financial Institutions Committee; 013-000-000 committee-passage
  • 2014-03-26 Placed on Calendar 2nd Reading - Short Debate
  • 2014-03-27 Second Reading - Short Debate reading-2
  • 2014-03-27 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2014-04-02 Added Chief Co-Sponsor Rep. Rich Brauer
  • 2014-04-02 Third Reading - Short Debate - Passed 112-000-001 reading-3, passage
  • 2014-04-02 Arrive in Senate introduction
  • 2014-04-02 Placed on Calendar Order of First Reading April 3, 2014 reading-1
  • 2014-04-02 Chief Senate Sponsor Sen. Jacqueline Y. Collins
  • 2014-04-03 First Reading reading-1
  • 2014-04-03 Referred to Assignments referral-committee
  • 2014-04-30 Assigned to Financial Institutions referral-committee
  • 2014-05-07 Do Pass Financial Institutions; 007-000-000 committee-passage
  • 2014-05-07 Placed on Calendar Order of 2nd Reading May 8, 2014
  • 2014-05-13 Second Reading reading-2
  • 2014-05-13 Placed on Calendar Order of 3rd Reading May 14, 2014
  • 2014-05-20 Senate Floor Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins amendment-introduction
  • 2014-05-20 Senate Floor Amendment No. 1 Referred to Assignments referral-committee
  • 2014-05-20 Senate Floor Amendment No. 1 Be Approved for Consideration Assignments
  • 2014-05-22 Recalled to Second Reading reading-2
  • 2014-05-22 Senate Floor Amendment No. 1 Adopted; Collins amendment-passage
  • 2014-05-22 Placed on Calendar Order of 3rd Reading
  • 2014-05-22 Added as Alternate Co-Sponsor Sen. Martin A. Sandoval
  • 2014-05-22 Third Reading - Passed; 056-000-000 reading-3, passage
  • 2014-05-22 Arrived in House introduction
  • 2014-05-22 Placed on Calendar Order of Concurrence Senate Amendment(s) 1
  • 2014-05-23 Senate Floor Amendment No. 1 Motion Filed Concur Rep. Maria Antonia Berrios
  • 2014-05-23 Senate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee referral-committee
  • 2014-05-26 Senate Floor Amendment No. 1 Motion to Concur Rules Referred to Financial Institutions Committee referral-committee
  • 2014-05-28 Senate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Financial Institutions Committee; 009-000-000
  • 2014-05-29 Senate Floor Amendment No. 1 House Concurs 113-000-002
  • 2014-05-29 House Concurs
  • 2014-05-29 Passed Both Houses
  • 2014-06-27 Sent to the Governor executive-receipt
  • 2014-08-26 Governor Approved executive-signature
  • 2014-08-26 Effective Date January 1, 2015
  • 2014-08-26 Public Act . . . . . . . . . 98-1081 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/94bfc1ab-bd17-4430-b0db-1f2646859d98. Confidence: reported (aggregated from official Illinois legislature records).

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