91st General Assembly
Summary of SB1656
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Senate Sponsors:
GEO-KARIS-PHILIP-WALSH,L-DELEO AND LIGHTFORD.

House Sponsors:
DURKIN-BUGIELSKI-SAVIANO-LYONS,JOSEPH-MAUTINO

Short description: 
CREDIT UNION-REGULATORY FEES                                               

Synopsis of Bill as introduced:
        Amends the Illinois Credit Union Act.   Removes  the  requirement      
   that  credit  unions  be examined annually.  Imposes annual regulatory      
   fees upon credit unions rather than examination fees.  Increases fees.      
   Effective January 1, 2001.                                                  
        SENATE AMENDMENT NO. 1.                                                
        Provides that the  Department  of  Financial  Institutions  shall      
   examine credit unions at least biennially.                                  
 
Last action on Bill: PUBLIC ACT.............................. 91-0755

   Last action date: 00-06-02

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


   END OF INQUIRY 



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