Fabio
98 lines
6.9 KiB
Markdown
98 lines
6.9 KiB
Markdown
---
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type: "Bill"
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title: "S&L-SAVINGS BANK-USE OF NAME"
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description: "Amends the Illinois Savings and Loan Act of 1985 and the Savings Bank Act. Prohibits any person or group of persons from (1) using the name of an existing savings and loan association or savings bank when marketing or soliciting business from customers or prospective customers if the name is used without the written consent of that association or savings bank or (2) using a name that is similar to that of an existing savings and loan association or savings bank when marketing to or soliciting business from customers or prospective customers if the similar name is used in a manner that would cause a reasonable person to believe that the existing association or savings bank originated, endorsed, or is in any other way responsible for the marketing material or solicitation. Authorizes the Secretary of Financial and Professional Regulation to issue cease and desist orders for violation of these provisions. Imposes civil penalties for violation of the these provisions and for violation of the cease and desist order. Authorizes the Department of Financial and Professional Regulation to adopt rules to administer the provisions. 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: "94th"
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identifier: "HB 4345"
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citation: "Illinois HB 4345 (94th)"
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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: 38
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vote_count: 2
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first_action: "2005-12-30"
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last_action: "2006-06-06"
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source: "openstates"
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source_identifier: "ocd-bill/46303a67-69f2-4b04-9550-419457f86cac"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=4345&GAID=8&DocTypeID=HB&LegId=22491&SessionID=50&GA=94"
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source_hash: "15dfbea304ec86cd0d589667386418230e353d2b4423cf180eb7fe23a1a04d5e"
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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 HB 4345 (94th) — S&L-SAVINGS BANK-USE OF NAME
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Amends the Illinois Savings and Loan Act of 1985 and the Savings Bank Act. Prohibits any person or group of persons from (1) using the name of an existing savings and loan association or savings bank when marketing or soliciting business from customers or prospective customers if the name is used without the written consent of that association or savings bank or (2) using a name that is similar to that of an existing savings and loan association or savings bank when marketing to or soliciting business from customers or prospective customers if the similar name is used in a manner that would cause a reasonable person to believe that the existing association or savings bank originated, endorsed, or is in any other way responsible for the marketing material or solicitation. Authorizes the Secretary of Financial and Professional Regulation to issue cease and desist orders for violation of these provisions. Imposes civil penalties for violation of the these provisions and for violation of the cease and desist order. Authorizes the Department of Financial and Professional Regulation to adopt rules to administer the provisions. 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=09400HB4345&GA=94&SessionId=50&DocTypeId=HB&LegID=22491&DocNum=4345&GAID=8&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400HB4345eng&GA=94&SessionId=50&DocTypeId=HB&LegID=22491&DocNum=4345&GAID=8&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400HB4345enr&GA=94&SessionId=50&DocTypeId=HB&LegID=22491&DocNum=4345&GAID=8&Session=&print=true)
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## Votes
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- Third Reading — **55–0** (pass) · upper
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- Third Reading — **116–0** (pass) · lower
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## Sponsors
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- Daniel J. Burke — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2005-12-30** Filed with the Clerk by Rep. Daniel J. Burke `filing`
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- **2006-01-04** First Reading `reading-1`
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- **2006-01-04** Referred to Rules Committee `referral-committee`
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- **2006-01-18** Assigned to Financial Institutions Committee `referral-committee`
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- **2006-01-24** Added Co-Sponsor Rep. Roger Jenisch
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- **2006-01-24** House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee `amendment-introduction`
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- **2006-01-24** House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote `amendment-passage`
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- **2006-01-24** Do Pass as Amended / Short Debate Financial Institutions Committee; 027-000-000 `committee-passage`
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- **2006-01-24** Placed on Calendar 2nd Reading - Short Debate
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- **2006-01-25** Added Co-Sponsor Rep. Mike Boland
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- **2006-01-25** Added Co-Sponsor Rep. Frank J. Mautino
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- **2006-01-25** Added Chief Co-Sponsor Rep. Joseph M. Lyons
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- **2006-01-25** Added Chief Co-Sponsor Rep. Thomas Holbrook
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- **2006-01-25** Chief Co-Sponsor Changed to Rep. Thomas Holbrook
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- **2006-01-25** Removed Co-Sponsor Rep. Mike Boland
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- **2006-02-01** Second Reading - Short Debate `reading-2`
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- **2006-02-01** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2006-02-07** Added Chief Co-Sponsor Rep. Mike Boland
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- **2006-02-07** Third Reading - Short Debate - Passed 116-000-000 `reading-3, passage`
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- **2006-02-08** Arrive in Senate `introduction`
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- **2006-02-08** Placed on Calendar Order of First Reading `reading-1`
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- **2006-02-08** Chief Senate Sponsor Sen. Jacqueline Y. Collins
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- **2006-02-08** First Reading `reading-1`
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- **2006-02-08** Referred to Rules `referral-committee`
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- **2006-02-24** Added as Alternate Chief Co-Sponsor Sen. Dan Rutherford
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- **2006-02-24** Added as Alternate Chief Co-Sponsor Sen. Christine Radogno
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- **2006-03-15** Assigned to Financial Institutions `referral-committee`
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- **2006-03-24** Do Pass Financial Institutions; 007-000-000 `committee-passage`
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- **2006-03-24** Placed on Calendar Order of 2nd Reading March 27, 2006
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- **2006-03-24** Added as Alternate Chief Co-Sponsor Sen. Todd Sieben
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- **2006-03-27** Second Reading `reading-2`
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- **2006-03-27** Placed on Calendar Order of 3rd Reading March 28, 2006
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- **2006-03-28** Third Reading - Passed; 055-000-000 `reading-3, passage`
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- **2006-03-28** Passed Both Houses
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- **2006-04-26** Sent to the Governor `executive-receipt`
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- **2006-06-06** Governor Approved `executive-signature`
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- **2006-06-06** Effective Date June 6, 2006
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- **2006-06-06** Public Act . . . . . . . . . 94-0833 `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/46303a67-69f2-4b04-9550-419457f86cac`. Confidence: reported (aggregated from official Illinois legislature records).
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