O'MALLEY. (BUGIELSKI-RUTHERFORD-MEYER-ZICKUS) 205 ILCS 105/1-6 from Ch. 17, par. 3301-6 205 ILCS 105/7-11 from Ch. 17, par. 3307-11 205 ILCS 205/1007.105 from Ch. 17, par. 7301-7.105 205 ILCS 205/1008 from Ch. 17, par. 7301-8 205 ILCS 205/4005 from Ch. 17, par. 7304-5 205 ILCS 205/4014 new 205 ILCS 205/6002 from Ch. 17, par. 7306-2 205 ILCS 205/8016 from Ch. 17, par. 7308-16 205 ILCS 205/9009 from Ch. 17, par. 7309-9 205 ILCS 205/11005 from Ch. 17, par. 7311-5 205 ILCS 205/11008 from Ch. 17, par. 7311-8 205 ILCS 620/1-3 from Ch. 17, par. 1551-3 205 ILCS 620/1-5.07 from Ch. 17, par. 1551-5.07 205 ILCS 620/1-5.08 from Ch. 17, par. 1551-5.08 205 ILCS 620/1-6 from Ch. 17, par. 1551-6 205 ILCS 620/3-3 from Ch. 17, par. 1553-3 205 ILCS 620/4-1 from Ch. 17, par. 1554-1 205 ILCS 620/4-4 from Ch. 17, par. 1554-4 Amends the Illinois Savings and Loan Act of 1985. Authorizes savings and loan associations to act as a custodian or trustee. Provides that the Commissioner of Banks and Real Estate may defer taking control of a savings and loan association if it is resolving the matter in accordance with the direction of its deposit insurance corporation. Amends the Savings Bank Act. Removes the authority of the Commissioner of Banks and Real Estate to approve the location and operation of electronic fund transfer terminals. Authorizes alternative voting arrangements for mutual savings banks. Provides that receipt of certain notices may be waived by the person entitled to receive the notice. Authorizes savings banks to convert to any type of depository institution. Amends the Corporate Fiduciary Act. Incorporates references to savings banks throughout the Act. Effective immediately. FISCAL NOTE (Office of Banks and Real Estate) There will be no fiscal impact on this Department. 99-02-18 S FIRST READING 99-02-18 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-18 S ASSIGNED TO COMMITTEE FIN INST 99-02-26 S DO PASS 009-000-000 SFIC 99-02-26 S PLACED ON CALENDAR ORDER OF 2ND READING 99-03-02 99-03-02 S SECOND READING 99-03-02 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-03 99-03-04 S THIRD READING - PASSED 056-001-000 99-03-04 H ARRIVE IN HOUSE 99-03-04 H PLACED CALENDAR ORDER OF FIRST READING 99-03-05 H HOUSE SPONSOR BUGIELSKI 99-03-05 H ADDED AS A JOINT SPONSOR RUTHERFORD 99-03-05 H ADDED AS A JOINT SPONSOR MEYER 99-03-09 H FIRST READING 99-03-09 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-03-19 H ASSIGNED TO COMMITTEE FIN INSTIT 99-04-06 H FISCAL NOTE FILED 99-04-06 H COMMITTEE FIN INSTIT 99-04-14 H ADDED AS A JOINT SPONSOR ZICKUS 99-04-15 H DO PASS/SHORT DEBATE 015-000-000 HFIN 99-04-15 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-04-20 H SECOND READING-SHORT DEBATE 99-04-20 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-04-27 H THIRD READING/SHORT DEBATE/PASSED 113-000-001 99-04-27 S PASSED BOTH HOUSES 99-05-26 S SENT TO THE GOVERNOR 99-07-09 S GOVERNOR APPROVED 99-07-09 S EFFECTIVE DATE 99-07-09 99-07-09 S PUBLIC ACT.............................. 91-0097 END OF INQUIRY Full Text Bill Summary