Fabio
167 lines
12 KiB
Markdown
167 lines
12 KiB
Markdown
---
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type: "Bill"
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title: "CREDIT UNION ACT-VARIOUS"
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description: "Amends the Illinois Credit Union Act. Provides that if the Act requires information to be written or delivered in writing, an electronic record or delivery satisfies the rule of law. Provides that if the Act requires a policy, record, notice, or other document or information to be mailed or otherwise furnished or disclosed by a credit union, electronic distribution or delivery satisfies the rule of law. Provides that a policy adopted by the board may delegate expulsion authority to senior management officials of the credit union. Provides that a member expelled by a senior management official may seek reinstatement by appealing the action within 30 days of expulsion to the board of directors, and that the board may affirm, disaffirm, or modify the action, and the board's decision is final. Provides that a credit union may invest in securities, obligations, or other instruments of or issued by entities properly registered with or licensed by the Department of Financial and Professional Regulation. Increases a credit union's aggregate loan amount and the total amount of funds not used in loans to members that may be invested in shares and stocks of Credit Union Service Organizations to 10% (instead of 3%) of the paid-in and unimpaired capital and surplus of the credit union. Modifies a credit union's investment limit in shares or stocks of Credit Union Service Organizations to not exceed 10% (instead of 3%) of the paid-in and unimpaired capital and surplus of the credit union or the amount authorized for federal credit unions. Makes other changes. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "101st"
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identifier: "SB 1813"
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citation: "Illinois SB 1813 (101st)"
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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: 3
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first_action: "2019-02-15"
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last_action: "2019-08-23"
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source: "openstates"
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source_identifier: "ocd-bill/ffb03602-dc8d-4aad-b7b7-d404d06d1bf2"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1813&GAID=15&DocTypeID=SB&LegId=119391&SessionID=108&GA=101"
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source_hash: "7ebc433e7b0d694b8be7e42ab4a2220db221a0606810c425cfd1cb8d2d18bf39"
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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 SB 1813 (101st) — CREDIT UNION ACT-VARIOUS
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Amends the Illinois Credit Union Act. Provides that if the Act requires information to be written or delivered in writing, an electronic record or delivery satisfies the rule of law. Provides that if the Act requires a policy, record, notice, or other document or information to be mailed or otherwise furnished or disclosed by a credit union, electronic distribution or delivery satisfies the rule of law. Provides that a policy adopted by the board may delegate expulsion authority to senior management officials of the credit union. Provides that a member expelled by a senior management official may seek reinstatement by appealing the action within 30 days of expulsion to the board of directors, and that the board may affirm, disaffirm, or modify the action, and the board's decision is final. Provides that a credit union may invest in securities, obligations, or other instruments of or issued by entities properly registered with or licensed by the Department of Financial and Professional Regulation. Increases a credit union's aggregate loan amount and the total amount of funds not used in loans to members that may be invested in shares and stocks of Credit Union Service Organizations to 10% (instead of 3%) of the paid-in and unimpaired capital and surplus of the credit union. Modifies a credit union's investment limit in shares or stocks of Credit Union Service Organizations to not exceed 10% (instead of 3%) of the paid-in and unimpaired capital and surplus of the credit union or the amount authorized for federal credit unions. Makes other changes. 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=10100SB1813&GA=101&SessionId=108&DocTypeId=SB&LegID=119391&DocNum=1813&GAID=15&SpecSess=&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100SB1813eng&GA=101&SessionId=108&DocTypeId=SB&LegID=119391&DocNum=1813&GAID=15&SpecSess=&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100SB1813enr&GA=101&SessionId=108&DocTypeId=SB&LegID=119391&DocNum=1813&GAID=15&SpecSess=&Session=&print=true)
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## Votes
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- Third Reading — **56–0** (pass) · upper
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- Concurrence — **58–0** (pass) · upper
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- Third Reading — **88–27** (pass) · lower
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## Sponsors
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- Amy Grant — cosponsor (person)
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- André Thapedi — cosponsor (person)
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- Anthony DeLuca — cosponsor (person)
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- Antonio Muñoz — cosponsor (person)
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- C.D. Davidsmeyer — cosponsor (person)
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- Camille Y. Lilly — cosponsor (person)
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- Dan Ugaste — cosponsor (person)
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- Frances Ann Hurley — cosponsor (person)
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- Jay Hoffman — cosponsor (person)
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- John C. D'Amico — cosponsor (person)
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- John G. Mulroe — primary (person)
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- Kelly M. Burke — cosponsor (person)
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- Kelly M. Cassidy — cosponsor (person)
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- Lawrence Walsh, Jr. — cosponsor (person)
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- Martin J. Moylan — cosponsor (person)
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- Michael J. Zalewski — cosponsor (person)
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- Michael P. McAuliffe — cosponsor (person)
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- Mike Murphy — cosponsor (person)
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- Monica Bristow — cosponsor (person)
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- Natalie A. Manley — cosponsor (person)
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- Norine K. Hammond — cosponsor (person)
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- Rita Mayfield — cosponsor (person)
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- Robert Martwick — cosponsor (person)
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- Robert Rita — primary (person)
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- Ryan Spain — cosponsor (person)
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- Sara Feigenholtz — cosponsor (person)
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- Tim Butler — cosponsor (person)
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- William Davis — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2019-02-15** Filed with Secretary by Sen. John G. Mulroe `filing`
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- **2019-02-15** First Reading `reading-1`
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- **2019-02-15** Referred to Assignments `referral-committee`
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- **2019-02-27** Assigned to Financial Institutions `referral-committee`
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- **2019-03-06** Do Pass Financial Institutions; 009-000-000 `committee-passage`
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- **2019-03-06** Placed on Calendar Order of 2nd Reading
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- **2019-03-06** Second Reading `reading-2`
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- **2019-03-06** Placed on Calendar Order of 3rd Reading March 7, 2019
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- **2019-03-13** Senate Floor Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe `amendment-introduction`
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- **2019-03-13** Senate Floor Amendment No. 1 Referred to Assignments `referral-committee`
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- **2019-03-14** Senate Floor Amendment No. 1 Assignments Refers to Financial Institutions
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- **2019-03-20** Senate Floor Amendment No. 1 Postponed - Financial Institutions
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- **2019-03-20** Senate Floor Amendment No. 2 Filed with Secretary by Sen. John G. Mulroe `amendment-introduction`
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- **2019-03-20** Senate Floor Amendment No. 2 Referred to Assignments `referral-committee`
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- **2019-03-26** Added as Co-Sponsor Sen. Antonio Muñoz
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- **2019-03-26** Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions
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- **2019-03-27** Senate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 006-000-000
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- **2019-03-27** Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 006-000-000
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- **2019-04-04** Recalled to Second Reading `reading-2`
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- **2019-04-04** Senate Floor Amendment No. 1 Adopted; Mulroe `amendment-passage`
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- **2019-04-04** Senate Floor Amendment No. 2 Adopted; Mulroe `amendment-passage`
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- **2019-04-04** Placed on Calendar Order of 3rd Reading
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- **2019-04-10** Third Reading - Passed; 056-000-000 `reading-3, passage`
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- **2019-04-11** Arrived in House `introduction`
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- **2019-04-11** Chief House Sponsor Rep. Robert Rita
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- **2019-04-11** First Reading `reading-1`
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- **2019-04-11** Referred to Rules Committee `referral-committee`
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- **2019-05-15** Added Alternate Co-Sponsor Rep. Mike Murphy
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- **2019-05-15** Added Alternate Co-Sponsor Rep. Tim Butler
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- **2019-05-15** Added Alternate Co-Sponsor Rep. Michael J. Zalewski
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- **2019-05-16** Added Alternate Co-Sponsor Rep. Norine K. Hammond
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- **2019-05-16** Added Alternate Co-Sponsor Rep. Ryan Spain
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- **2019-05-16** Added Alternate Co-Sponsor Rep. Dan Ugaste
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- **2019-05-16** Added Alternate Co-Sponsor Rep. Lawrence Walsh, Jr.
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- **2019-05-16** Added Alternate Co-Sponsor Rep. Robert Martwick
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- **2019-05-16** Added Alternate Co-Sponsor Rep. John C. D'Amico
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- **2019-05-16** Added Alternate Co-Sponsor Rep. Kelly M. Burke
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- **2019-05-16** Added Alternate Co-Sponsor Rep. Natalie A. Manley
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- **2019-05-17** Added Alternate Chief Co-Sponsor Rep. Camille Y. Lilly
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- **2019-05-17** Added Alternate Chief Co-Sponsor Rep. Michael P. McAuliffe
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- **2019-05-17** Added Alternate Chief Co-Sponsor Rep. Anthony DeLuca
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- **2019-05-17** Added Alternate Chief Co-Sponsor Rep. C.D. Davidsmeyer
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- **2019-05-17** Added Alternate Co-Sponsor Rep. Martin J. Moylan
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- **2019-05-17** Added Alternate Co-Sponsor Rep. Frances Ann Hurley
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- **2019-05-17** Added Alternate Co-Sponsor Rep. André Thapedi
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- **2019-05-17** Added Alternate Co-Sponsor Rep. William Davis
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- **2019-05-17** Added Alternate Co-Sponsor Rep. Sara Feigenholtz
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- **2019-05-20** Added Alternate Co-Sponsor Rep. Jay Hoffman
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- **2019-05-21** Added Alternate Co-Sponsor Rep. Monica Bristow
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- **2019-05-21** Added Alternate Co-Sponsor Rep. Rita Mayfield
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- **2019-05-21** Added Alternate Co-Sponsor Rep. Kelly M. Cassidy
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- **2019-05-21** Added Alternate Co-Sponsor Rep. Amy Grant
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- **2019-05-28** Assigned to Financial Institutions Committee `referral-committee`
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- **2019-05-28** Final Action Deadline Extended-9(b) May 31, 2019
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- **2019-05-28** House Committee Amendment No. 1 Filed with Clerk by Rep. Robert Rita `amendment-introduction`
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- **2019-05-28** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2019-05-28** House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
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- **2019-05-28** Motion Filed to Suspend Rule 21 Financial Institutions Committee; Rep. Kathleen Willis
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- **2019-05-28** Motion to Suspend Rule 21 - Prevailed
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- **2019-05-29** House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote `amendment-passage`
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- **2019-05-29** Do Pass as Amended / Short Debate Financial Institutions Committee; 009-000-000 `committee-passage`
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- **2019-05-29** Placed on Calendar 2nd Reading - Short Debate
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- **2019-05-29** Second Reading - Short Debate `reading-2`
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- **2019-05-29** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2019-05-30** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2019-05-30** Third Reading - Short Debate - Passed 088-027-000 `reading-3, passage`
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- **2019-05-30** Secretary's Desk - Concurrence House Amendment(s) 1
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- **2019-05-30** Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 31, 2019
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- **2019-05-30** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. John G. Mulroe `filing`
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- **2019-05-30** House Committee Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
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- **2019-05-30** House Committee Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities `referral-committee`
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- **2019-05-31** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities; 006-000-000
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- **2019-05-31** House Committee Amendment No. 1 Senate Concurs 058-000-000
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- **2019-05-31** Senate Concurs
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- **2019-05-31** Passed Both Houses
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- **2019-06-28** Sent to the Governor `executive-receipt`
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- **2019-08-23** Governor Approved `executive-signature`
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- **2019-08-23** Effective Date August 23, 2019
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- **2019-08-23** Public Act . . . . . . . . . 101-0567 `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/ffb03602-dc8d-4aad-b7b7-d404d06d1bf2`. Confidence: reported (aggregated from official Illinois legislature records).
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