FIN REG-BANKING DEVLPMNT ACT House SponsorsRep. Joseph M. Lyons 1/11/2005HouseSession Sine Die New Act35 ILCS 200/18-167 new Creates the Banking Development District Act. Provides for the establishment of banking offices and services in underserved locations. Requires the Office of Banks and Real Estate to consult with the Department of Financial Institutions and the Department of Commerce and Economic Opportunity to adopt rules in accordance with the Administrative Procedure Act. Sets forth criteria for the establishment of banking development districts. Amends the Property Tax Code. Creates a new Section concerning the abatement of taxes in a banking district. Effective immediately. 2/5/2004HouseFiled with the Clerk by Rep. Joseph M. Lyons 2/5/2004HouseFirst Reading 2/5/2004HouseReferred to Rules Committee 2/19/2004HouseAssigned to Financial Institutions Committee 3/4/2004HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die