HB1950 100TH GENERAL ASSEMBLY

LRB100 04658 SMS 14664 b

100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB1950

Introduced , by Rep. Jim Durkin

SYNOPSIS AS INTRODUCED:

205 ILCS 305/6

from Ch. 17, par. 4407

Amends the Illinois Credit Union Act. Makes a technical change in a Section concerning the fiscal year of credit unions.

A BILL FOR

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Credit Union Act is amended by changing Section 6 as follows:

(205 ILCS 305/6) (from Ch. 17, par. 4407)

Sec. 6. Fiscal Year. The The fiscal year of each credit union organized under this Act shall end on December 31 of each year.

(Source: P.A. 81-329.)