Bill Status of SB0812 100th General Assembly
Short Description: FINANCIAL INSTITUTION-REPORT
Sen. Martin A. Sandoval
| 8/4/2017||Senate||Pursuant to Senate Rule 3-9(b) / Referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Banking Act. Makes a technical change in a Section concerning the short title.
Senate Committee Amendment No. 1
|Adds reference to: |
|30 ILCS 235/6.3 new|
Replaces everything after the enacting clause. Amends the Public Funds Investment Act, the Illinois Banking Act, the Savings Bank Act, and the Illinois Credit Union Act. Requires any financial institution or other entity receiving public funds, State bank, savings bank, and credit union with assets of at least $100,000,000 to submit an annual report on its voluntary supplier diversity program to the Department of Financial and Professional Regulation. Sets forth provisions on what the report must include and how and when the report must be submitted. Provides that, for each report, the Department shall publish the results on its Internet website for 5 years after submission. Requires the Department to hold an annual supplier diversity workshop in February of 2019 and every February thereafter to discuss the reports with representatives of the financial institutions, State banks, savings banks, or credit unions and vendors. Provides that the Department shall prepare a template for voluntary supplier diversity reports. Effective immediately.
|Date||Chamber|| Action|| 2/1/2017||Senate||Filed with Secretary by Sen. Martin A. Sandoval|| 2/1/2017||Senate||First Reading|| 2/1/2017||Senate||Referred to Assignments|| 3/8/2017||Senate||Assigned to Financial Institutions|| 3/10/2017||Senate||Senate Committee Amendment No. 1 Filed with Secretary by Sen. Martin A. Sandoval|| 3/10/2017||Senate||Senate Committee Amendment No. 1 Referred to Assignments|| 3/14/2017||Senate||Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions|| 3/15/2017||Senate||Senate Committee Amendment No. 1 Adopted|| 3/15/2017||Senate||Do Pass as Amended Financial Institutions; 007-001-000|| 3/15/2017||Senate||Placed on Calendar Order of 2nd Reading March 16, 2017|| 4/28/2017||Senate||Rule 2-10 Third Reading Deadline Established As May 31, 2017|| 8/4/2017||Senate||Pursuant to Senate Rule 3-9(b) / Referred to Assignments|