<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2346         </title>
<shortdesc>BANK COMMUNITY REINVESTMENT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Christopher Belt</sponsors>
</sponsor>
<lastaction>
<statusdate>2/7/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 5/18</reference><aliasreference>from Ch. 17, par. 325</aliasreference><reference>205 ILCS 5/22</reference><aliasreference>from Ch. 17, par. 329</aliasreference><reference>205 ILCS 205/8004</reference><aliasreference>from Ch. 17, par. 7308-4</aliasreference><reference>205 ILCS 205/8010</reference><aliasreference>from Ch. 17, par. 7308-10</aliasreference><reference>205 ILCS 205/8015</reference><aliasreference>from Ch. 17, par. 7308-15</aliasreference><SynopsisText>Amends the Illinois Banking Act and the Savings Bank Act. Requires specified financial institutions to be insured by the Federal Deposit Insurance Corporation and agree to operate subject to 2 U.S.C. 2901 et seq. following a change in control, a purchase of substantially all assets, the assumption of substantially all liabilities of a State bank, or a merger.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2025</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Christopher Belt</action>
<statusdate>2/7/2025</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/7/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</actions>
</xml>

