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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
Bill BANKING-REGULATION Amends the Division of Banking Act. Authorizes the Secretary of Financial and Professional Regulation to establish a Commercial Bank Regulatory Section and a Savings Bank Regulatory Section within the Division. Amends the State Finance Act. Changes the name of the Savings and Residential Finance Regulatory Fund to the Residential Finance Regulatory Fund. Provides for expenditures from the Savings Institution Regulatory Fund and the Residential Finance Regulatory Fund related to the disposition of unclaimed property. Amends the Savings Bank Act. Provides that the Secretary may charter mutual and stock holding companies in connection with a mutual savings bank reorganization. Establishes the effect of the repeal of the Illinois Savings and Loan Act of 1985, including the regulation of entities formerly under the Illinois Savings and Loan Act as savings banks under the Savings Bank Act. Changes references from "member or shareholder" to "customer". Changes references from "Commissioner" to "Secretary". Makes changes to provisions concerning articles of incorporation, proxies, directors, access to books and records, regulations, investment in loans, loans to one borrower, mergers, conversion of an existing depository institution to a savings bank, powers of the Secretary, regulatory fees, and disclosure of reports of examinations and confidential supervisory information. Repeals the Illinois Savings and Loan Act of 1985. Makes other changes. Effective immediately. us/states/il Illinois General Assembly 98th SB 1778 Illinois SB 1778 (98th)
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3 120 5 2013-02-15 2014-08-26 openstates ocd-bill/b8b67a66-9f58-4804-8b3f-4aee759239af http://ilga.gov/legislation/BillStatus.asp?DocNum=1778&GAID=12&DocTypeID=SB&LegId=72698&SessionID=85&GA=98 c857dc37cb1fc9f50ff24011c9339f6c764a2d7b634301cacd2dac01acd18bfe 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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us-il

Illinois SB 1778 (98th) — BANKING-REGULATION

Amends the Division of Banking Act. Authorizes the Secretary of Financial and Professional Regulation to establish a Commercial Bank Regulatory Section and a Savings Bank Regulatory Section within the Division. Amends the State Finance Act. Changes the name of the Savings and Residential Finance Regulatory Fund to the Residential Finance Regulatory Fund. Provides for expenditures from the Savings Institution Regulatory Fund and the Residential Finance Regulatory Fund related to the disposition of unclaimed property. Amends the Savings Bank Act. Provides that the Secretary may charter mutual and stock holding companies in connection with a mutual savings bank reorganization. Establishes the effect of the repeal of the Illinois Savings and Loan Act of 1985, including the regulation of entities formerly under the Illinois Savings and Loan Act as savings banks under the Savings Bank Act. Changes references from "member or shareholder" to "customer". Changes references from "Commissioner" to "Secretary". Makes changes to provisions concerning articles of incorporation, proxies, directors, access to books and records, regulations, investment in loans, loans to one borrower, mergers, conversion of an existing depository institution to a savings bank, powers of the Secretary, regulatory fees, and disclosure of reports of examinations and confidential supervisory information. Repeals the Illinois Savings and Loan Act of 1985. Makes other changes. 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

  • Third Reading — 530 (pass) · upper
  • Concurrence, Amendment 1 — 560 (pass) · upper
  • Third Reading — 1150 (pass) · lower
  • Concurrence, Amendment 2 — 560 (pass) · upper
  • Concurrence, Amendment 3 — 560 (pass) · upper

Sponsors

  • Ann Williams — cosponsor (person)
  • Barbara Wheeler — cosponsor (person)
  • Brandon W. Phelps — cosponsor (person)
  • C.D. Davidsmeyer — cosponsor (person)
  • Carol A. Sente — cosponsor (person)
  • Christian L. Mitchell — cosponsor (person)
  • David McSweeney — cosponsor (person)
  • Deborah Conroy — cosponsor (person)
  • Dennis M. Reboletti — cosponsor (person)
  • Emanuel Chris Welch — cosponsor (person)
  • Esther Golar — cosponsor (person)
  • Frances Ann Hurley — cosponsor (person)
  • Fred Crespo — cosponsor (person)
  • Jack D. Franks — cosponsor (person)
  • John D'Amico — cosponsor (person)
  • John M. Cabello — cosponsor (person)
  • La Shawn K. Ford — cosponsor (person)
  • Linda Chapa LaVia — cosponsor (person)
  • Lou Lang — cosponsor (person)
  • Marcus C. Evans, Jr. — cosponsor (person)
  • Martin J. Moylan — cosponsor (person)
  • Mary E. Flowers — cosponsor (person)
  • Michael J. Zalewski — cosponsor (person)
  • Michelle Mussman — cosponsor (person)
  • Pamela J. Althoff — primary (person)
  • Robert F. Martwick — cosponsor (person)
  • Robert Rita — cosponsor (person)
  • Sam Yingling — cosponsor (person)
  • Silvana Tabares — cosponsor (person)
  • Stephanie A. Kifowit — cosponsor (person)
  • William Davis — cosponsor (person)

Timeline

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

  • 2013-02-15 Filed with Secretary by Sen. Michael W. Frerichs filing
  • 2013-02-15 First Reading reading-1
  • 2013-02-15 Referred to Assignments referral-committee
  • 2013-02-27 Assigned to Financial Institutions referral-committee
  • 2013-03-01 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael W. Frerichs amendment-introduction
  • 2013-03-01 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2013-03-06 Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
  • 2013-03-06 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2013-03-06 Do Pass as Amended Financial Institutions; 011-000-000 committee-passage
  • 2013-03-06 Placed on Calendar Order of 2nd Reading March 7, 2013
  • 2013-03-21 Second Reading reading-2
  • 2013-03-21 Placed on Calendar Order of 3rd Reading April 10, 2013
  • 2013-04-10 Third Reading - Passed; 053-000-000 reading-3, passage
  • 2013-04-10 Arrived in House introduction
  • 2013-04-11 Chief House Sponsor Rep. Maria Antonia Berrios
  • 2013-04-11 First Reading reading-1
  • 2013-04-11 Referred to Rules Committee referral-committee
  • 2013-04-18 Added Alternate Chief Co-Sponsor Rep. Rich Brauer
  • 2013-05-15 Final Action Deadline Extended-9(b) May 24, 2013
  • 2013-05-15 Assigned to Judiciary referral-committee
  • 2013-05-21 Do Pass / Short Debate Judiciary; 009-001-000 committee-passage
  • 2013-05-21 Placed on Calendar 2nd Reading - Short Debate
  • 2013-05-23 Second Reading - Short Debate reading-2
  • 2013-05-23 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2013-05-24 Final Action Deadline Extended-9(b) May 31, 2013
  • 2013-05-31 Rule 19(a) / Re-referred to Rules Committee referral-committee
  • 2014-05-08 Chief Sponsor Changed to Sen. Pamela J. Althoff
  • 2014-05-12 Approved for Consideration Rules Committee; 003-000-000
  • 2014-05-12 Placed on Calendar 2nd Reading - Short Debate
  • 2014-05-13 Alternate Chief Sponsor Changed to Rep. Anna Moeller
  • 2014-05-13 House Floor Amendment No. 1 Filed with Clerk by Rep. Anna Moeller amendment-introduction
  • 2014-05-13 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Martin J. Moylan
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Marcus C. Evans, Jr.
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Silvana Tabares
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Robert F. Martwick
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Michelle Mussman
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Esther Golar
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Carol A. Sente
  • 2014-05-13 Added Alternate Co-Sponsor Rep. C.D. Davidsmeyer
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Barbara Wheeler
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Dennis M. Reboletti
  • 2014-05-13 Added Alternate Co-Sponsor Rep. John M. Cabello
  • 2014-05-13 Added Alternate Co-Sponsor Rep. William Davis
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Patricia R. Bellock
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Fred Crespo
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit
  • 2014-05-13 Alternate Chief Co-Sponsor Removed Rep. Rich Brauer
  • 2014-05-13 Added Alternate Chief Co-Sponsor Rep. Sam Yingling
  • 2014-05-13 Added Alternate Chief Co-Sponsor Rep. Michael W. Tryon
  • 2014-05-13 Added Alternate Chief Co-Sponsor Rep. Jack D. Franks
  • 2014-05-13 Added Alternate Chief Co-Sponsor Rep. Christian L. Mitchell
  • 2014-05-13 Added Alternate Co-Sponsor Rep. Lou Lang
  • 2014-05-13 Added Alternate Co-Sponsor Rep. David McSweeney
  • 2014-05-13 House Floor Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
  • 2014-05-13 Alternate Chief Co-Sponsor Changed to Rep. Patricia R. Bellock
  • 2014-05-14 Added Alternate Co-Sponsor Rep. Frances Ann Hurley
  • 2014-05-15 House Floor Amendment No. 2 Filed with Clerk by Rep. Anna Moeller amendment-introduction
  • 2014-05-15 House Floor Amendment No. 2 Referred to Rules Committee referral-committee
  • 2014-05-15 Alternate Chief Co-Sponsor Removed Rep. Sam Yingling
  • 2014-05-15 Added Alternate Chief Co-Sponsor Rep. Anthony DeLuca
  • 2014-05-15 Added Alternate Co-Sponsor Rep. Sam Yingling
  • 2014-05-16 House Floor Amendment No. 3 Filed with Clerk by Rep. Anna Moeller amendment-introduction
  • 2014-05-16 House Floor Amendment No. 3 Referred to Rules Committee referral-committee
  • 2014-05-19 House Floor Amendment No. 2 Rules Refers to Business & Occupational Licenses Committee
  • 2014-05-19 House Floor Amendment No. 3 Rules Refers to Business & Occupational Licenses Committee
  • 2014-05-20 Added as Co-Sponsor Sen. Michael Noland
  • 2014-05-20 House Floor Amendment No. 4 Filed with Clerk by Rep. Anna Moeller amendment-introduction
  • 2014-05-20 House Floor Amendment No. 4 Referred to Rules Committee referral-committee
  • 2014-05-20 Sponsor Removed Sen. Michael Noland
  • 2014-05-21 House Floor Amendment No. 4 Rules Refers to Business & Occupational Licenses Committee
  • 2014-05-21 House Floor Amendment No. 1 Recommends Be Adopted Business & Occupational Licenses Committee; 007-000-000 committee-passage-favorable
  • 2014-05-21 House Floor Amendment No. 2 Recommends Be Adopted Business & Occupational Licenses Committee; 007-000-000 committee-passage-favorable
  • 2014-05-21 House Floor Amendment No. 3 Recommends Be Adopted Business & Occupational Licenses Committee; 007-000-000 committee-passage-favorable
  • 2014-05-22 Added Alternate Co-Sponsor Rep. Linda Chapa LaVia
  • 2014-05-23 Alternate Chief Co-Sponsor Removed Rep. Jack D. Franks
  • 2014-05-23 Alternate Co-Sponsor Removed Rep. Patricia R. Bellock
  • 2014-05-23 Added Alternate Co-Sponsor Rep. Jack D. Franks
  • 2014-05-23 Final Action Deadline Extended-9(b) May 30, 2014
  • 2014-05-27 Added Alternate Co-Sponsor Rep. Robert Rita
  • 2014-05-28 Second Reading - Short Debate reading-2
  • 2014-05-28 House Floor Amendment No. 1 Adopted amendment-passage
  • 2014-05-28 House Floor Amendment No. 2 Adopted amendment-passage
  • 2014-05-28 House Floor Amendment No. 3 Adopted amendment-passage
  • 2014-05-28 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2014-05-29 Added Alternate Co-Sponsor Rep. John D'Amico
  • 2014-05-29 Added Alternate Co-Sponsor Rep. Ann Williams
  • 2014-05-29 Added Alternate Co-Sponsor Rep. Deborah Conroy
  • 2014-05-29 Added Alternate Co-Sponsor Rep. Brandon W. Phelps
  • 2014-05-29 Added Alternate Co-Sponsor Rep. Mary E. Flowers
  • 2014-05-29 Added Alternate Co-Sponsor Rep. Emanuel Chris Welch
  • 2014-05-29 Added Alternate Co-Sponsor Rep. La Shawn K. Ford
  • 2014-05-29 Third Reading - Short Debate - Passed 115-000-000 reading-3, passage
  • 2014-05-29 Added Alternate Co-Sponsor Rep. Christian L. Mitchell
  • 2014-05-29 Added Alternate Co-Sponsor Rep. Michael J. Zalewski
  • 2014-05-29 Secretary's Desk - Concurrence House Amendment(s) 1, 2, 3
  • 2014-05-29 Placed on Calendar Order of Concurrence House Amendment(s) 1, 2, 3 - May 30, 2014
  • 2014-05-29 House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Pamela J. Althoff filing
  • 2014-05-29 House Floor Amendment No. 1 Motion to Concur Referred to Assignments referral-committee
  • 2014-05-29 House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Pamela J. Althoff filing
  • 2014-05-29 House Floor Amendment No. 2 Motion to Concur Referred to Assignments referral-committee
  • 2014-05-29 House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Pamela J. Althoff filing
  • 2014-05-29 House Floor Amendment No. 3 Motion to Concur Referred to Assignments referral-committee
  • 2014-05-30 House Floor Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities and Pensions referral-committee
  • 2014-05-30 House Floor Amendment No. 2 Motion to Concur Assignments Referred to Licensed Activities and Pensions referral-committee
  • 2014-05-30 House Floor Amendment No. 3 Motion to Concur Assignments Referred to Licensed Activities and Pensions referral-committee
  • 2014-05-30 House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 008-000-000
  • 2014-05-30 House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 008-000-000
  • 2014-05-30 House Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Licensed Activities and Pensions; 008-000-000
  • 2014-05-30 House Floor Amendment No. 4 Rule 19(a) / Re-referred to Rules Committee referral-committee
  • 2014-05-30 Added as Chief Co-Sponsor Sen. Michael Noland
  • 2014-05-30 Added as Co-Sponsor Sen. Kirk W. Dillard
  • 2014-05-30 House Floor Amendment No. 1 Senate Concurs 056-000-000
  • 2014-05-30 House Floor Amendment No. 2 Senate Concurs 056-000-000
  • 2014-05-30 House Floor Amendment No. 3 Senate Concurs 056-000-000
  • 2014-05-30 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 . . . . . . . . . 98-1096 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b8b67a66-9f58-4804-8b3f-4aee759239af. Confidence: reported (aggregated from official Illinois legislature records).