BANKING DEVELOPMENT DISTRICT House SponsorsRep. Lovana Jones-Kenneth Dunkin-Patricia R. Bellock-Monique D. Davis-Patricia Bailey, Joe Dunn, Bill Mitchell, Thomas Holbrook, Charles G. Morrow III, James H. Meyer, Jim Watson, Mike Bost, Arthur L. Turner, Charles E. Jefferson, William Delgado, Constance A. Howard, Annazette Collins, Marlow H. Colvin and Karen A. Yarbrough Senate Sponsors(Sen. Donne E. Trotter-Kimberly A. Lightford-Jacqueline Y. Collins) 1/11/2005HouseSession Sine Die New Act35 ILCS 200/18-167 new Creates the Banking Development District Act. Creates a program to encourage the establishment of banking branches in locations where there is the greatest need for banking services. Requires the State Treasurer, in consultation with the Office of Banks and Real Estate, to adopt rules that set forth criteria for the establishment of banking development districts. Provides that a municipality or a county, in conjunction with a bank, may apply to the State Treasurer to have property designated as a banking development district. Amends the Property Tax Code. Provides that a taxing district may abate a portion of the property taxes on a banking branch in an area designated as a banking development district. Places restrictions on granting an abatement to a bank that makes contributions to the Governor or the Treasurer. Effective immediately.House Amendment No. 1 Deletes reference to:35 ILCS 200/18-167 newDeletes everything. Creates the Banking Development District Act. Contains only a short title. 1/22/2004HouseFiled with the Clerk by Rep. Lovana Jones 1/26/2004HouseFirst Reading 1/26/2004HouseReferred to Rules Committee 2/9/2004HouseAdded Chief Co-Sponsor Rep. Kenneth Dunkin 2/11/2004HouseAdded Chief Co-Sponsor Rep. Monique D. Davis 2/11/2004HouseAdded Chief Co-Sponsor Rep. Patricia Bailey 2/11/2004HouseChief Co-Sponsor Changed to Rep. Monique D. Davis 2/11/2004HouseChief Co-Sponsor Changed to Rep. Patricia Bailey 2/17/2004HouseAdded Co-Sponsor Rep. Joe Dunn 2/17/2004HouseAdded Co-Sponsor Rep. Bill Mitchell 2/17/2004HouseAdded Co-Sponsor Rep. Thomas Holbrook 2/18/2004HouseAdded Co-Sponsor Rep. Charles G. Morrow, III 2/18/2004HouseAdded Co-Sponsor Rep. James H. Meyer 2/18/2004HouseAssigned to Financial Institutions Committee 2/19/2004HouseAdded Co-Sponsor Rep. Jim Watson 2/19/2004HouseAdded Co-Sponsor Rep. Mike Bost 2/20/2004HouseAdded Co-Sponsor Rep. Arthur L. Turner 2/20/2004HouseAdded Co-Sponsor Rep. Charles E. Jefferson 2/20/2004HouseAdded Co-Sponsor Rep. William Delgado 2/20/2004HouseAdded Co-Sponsor Rep. Constance A. Howard 2/20/2004HouseAdded Co-Sponsor Rep. Annazette Collins 2/20/2004HouseAdded Co-Sponsor Rep. Marlow H. Colvin 2/24/2004HouseAdded Co-Sponsor Rep. Patricia R. Bellock 2/24/2004HouseAdded Chief Co-Sponsor Rep. Patricia R. Bellock 3/3/2004HouseHouse Amendment No. 1 Filed with Clerk by Financial Institutions Committee 3/3/2004HouseHouse Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote 3/3/2004HouseDo Pass as Amended / Short Debate Financial Institutions Committee; 018-000-000 3/3/2004HousePlaced on Calendar 2nd Reading - Short Debate 3/30/2004HouseAdded Co-Sponsor Rep. Karen A. Yarbrough 3/30/2004HouseSecond Reading - Short Debate 3/30/2004HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/31/2004HouseThird Reading - Short Debate - Passed 064-050-001 3/31/2004SenateArrive in Senate 3/31/2004SenatePlaced on Calendar Order of First Reading April 1, 2004 3/31/2004SenateChief Senate Sponsor Sen. Donne E. Trotter 3/31/2004SenateAdded as Alternate Chief Co-Sponsor Sen. Kimberly A. Lightford 3/31/2004SenateAdded as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins 4/1/2004SenateFirst Reading 4/1/2004SenateReferred to Rules 1/11/2005HouseSession Sine Die