republic-os/legislation/us/states/il/99th/hb-3543.md

---
type: "Bill"
title: "SAVINGS BANK ACT"
description: "Amends the Illinois Banking Act. Provides that the Secretary of Financial and Professional Regulation may assess reasonable receivership fees against any State bank that does not maintain insurance with the Federal Deposit Insurance Corporation. Provides that members of the State Banking Board of Illinois cease to be eligible to serve on the Board once they no longer meet the requirements of their original appointment; however a member from a State Bank shall not be disqualified solely due to a change in the bank's asset size. Amends the Savings Bank Act. Provides that savings banks and service corporations shall pay specified fees in quarterly installments. Removes a provision concerning a fee that is levied as an adjustment to the supervisory fee. Provides that the Secretary may assess reasonable receivership fees against any savings bank operating under the Act that does not maintain insurance with the Federal Deposit Insurance Corporation. Provides that if the funds in the estate of the savings bank are insufficient to cover the expenses that arise from the administration of a receivership, the Secretary may pay such expenses from the Non-insured Institutions Receivership account. Provides that members of the Board of Savings Banks cease to be eligible to serve on the Board once they no longer meet the requirements of their original appointment."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "99th"
identifier: "HB 3543"
citation: "Illinois HB 3543 (99th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 25
vote_count: 2
first_action: "2015-02-26"
last_action: "2015-07-14"
source: "openstates"
source_identifier: "ocd-bill/e28bfa4e-41e0-421a-89d2-8f26542f77de"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3543&GAID=13&DocTypeID=HB&LegId=89731&SessionID=88&GA=99"
source_hash: "cdec386178d03908179ebd4c0f77c4a8dfbe6840668388fa78ad5b935f3a3f11"
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 3543 (99th) — SAVINGS BANK ACT

Amends the Illinois Banking Act. Provides that the Secretary of Financial and Professional Regulation may assess reasonable receivership fees against any State bank that does not maintain insurance with the Federal Deposit Insurance Corporation. Provides that members of the State Banking Board of Illinois cease to be eligible to serve on the Board once they no longer meet the requirements of their original appointment; however a member from a State Bank shall not be disqualified solely due to a change in the bank's asset size. Amends the Savings Bank Act. Provides that savings banks and service corporations shall pay specified fees in quarterly installments. Removes a provision concerning a fee that is levied as an adjustment to the supervisory fee. Provides that the Secretary may assess reasonable receivership fees against any savings bank operating under the Act that does not maintain insurance with the Federal Deposit Insurance Corporation. Provides that if the funds in the estate of the savings bank are insufficient to cover the expenses that arise from the administration of a receivership, the Secretary may pay such expenses from the Non-insured Institutions Receivership account. Provides that members of the Board of Savings Banks cease to be eligible to serve on the Board once they no longer meet the requirements of their original appointment.

## 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=09900HB3543&GA=99&SessionId=88&DocTypeId=HB&LegID=89731&DocNum=3543&GAID=13&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB3543eng&GA=99&SessionId=88&DocTypeId=HB&LegID=89731&DocNum=3543&GAID=13&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB3543enr&GA=99&SessionId=88&DocTypeId=HB&LegID=89731&DocNum=3543&GAID=13&Session=&print=true)

## Votes

- Third Reading — **114–0** (pass) · lower
- Third Reading — **56–0** (pass) · upper

## Sponsors

- Adam Brown — primary (person)

## Timeline

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

- **2015-02-26** Filed with the Clerk by Rep. Adam Brown `filing`
- **2015-02-26** First Reading `reading-1`
- **2015-02-26** Referred to Rules Committee `referral-committee`
- **2015-03-19** Assigned to Business & Occupational Licenses Committee `referral-committee`
- **2015-03-25** Do Pass / Short Debate Business & Occupational Licenses Committee; 009-000-000 `committee-passage`
- **2015-03-26** Placed on Calendar 2nd Reading - Short Debate
- **2015-04-14** Second Reading - Short Debate `reading-2`
- **2015-04-14** Placed on Calendar Order of 3rd Reading - Short Debate
- **2015-04-15** Third Reading - Short Debate - Passed 114-000-001 `reading-3, passage`
- **2015-04-15** Arrive in Senate `introduction`
- **2015-04-15** Placed on Calendar Order of First Reading April 16, 2015 `reading-1`
- **2015-04-15** Chief Senate Sponsor Sen. Chris Nybo
- **2015-04-16** First Reading `reading-1`
- **2015-04-16** Referred to Assignments `referral-committee`
- **2015-04-22** Assigned to Financial Institutions `referral-committee`
- **2015-04-29** Do Pass Financial Institutions; 007-000-000 `committee-passage`
- **2015-04-29** Placed on Calendar Order of 2nd Reading April 30, 2015
- **2015-05-18** Second Reading `reading-2`
- **2015-05-18** Placed on Calendar Order of 3rd Reading May 19, 2015
- **2015-05-19** Third Reading - Passed; 056-000-000 `reading-3, passage`
- **2015-05-19** Passed Both Houses
- **2015-06-17** Sent to the Governor `executive-receipt`
- **2015-07-14** Governor Approved `executive-signature`
- **2015-07-14** Effective Date January 1, 2016
- **2015-07-14** Public Act . . . . . . . . . 99-0039 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e28bfa4e-41e0-421a-89d2-8f26542f77de`. Confidence: reported (aggregated from official Illinois legislature records).