Illinois General Assembly - Bill Status for HR1305

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Bill Status of HR1305 101st General Assembly

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Short Description: COVENANT BANK-DEADLINE

House Sponsors
Rep. La Shawn K. Ford

Last Action

Date	Chamber	Action
1/8/2013	House	Session Sine Die

Synopsis As Introduced
Urges the Secretary of Financial and Professional Regulation to grant an extension to Covenant Bank in Chicago, Illinois, for the correction to the impairment of its capital until February 1, 2013 and to continue the extension unless the bank becomes critically undercapitalized. Urges the Secretary of Financial and Professional Regulation to grant the maximum initial term of 180 days to take corrective action to any community bank that has received a Section 51 order, unless that bank is critically undercapitalized.

Actions

Date	Chamber	Action
11/26/2012	House	Filed with the Clerk by Rep. La Shawn K. Ford
11/27/2012	House	Referred to Rules Committee
1/8/2013	House	Session Sine Die

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