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<xml>
<title>Illinois General Assembly - Bill Status for HB 6747   </title>
<shortdesc>FIN REG-SAVINGS BANK</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Eddie Washington-Thomas Holbrook</sponsors>
<sponsorhead2>Senate Sponsors</sponsorhead2><altsponsors>(Sen. William R. Haine)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 205/9015</reference><aliasreference>from Ch. 17, par. 7309-15</aliasreference><reference>205 ILCS 205/11003</reference><aliasreference>from Ch. 17, par. 7311-3</aliasreference><SynopsisText>     Amends the Savings Bank Act. Provides that a violation of the Investments Article of the Act is deemed to be an unsafe and unsound practice. In provisions pertaining to the Commissioner's ability to remove or prohibit current or former officers, directors, employees, or agents of a savings bank operating under this Act who are the subject of final orders, adds the Board of Governors of the Federal Reserve, a Federal Reserve Bank, the U.S. Office of Thrift Supervision, the National Credit Union Administration, or other federal financial institution regulators to the list of regulated entities that issue final orders.</SynopsisText><synopsistitle>House Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>205 ILCS 205/9015</reference><aliasreference></aliasreference><SynopsisText>Removes a provision pertaining to unsafe and unsound practices; orders of prohibition and removal.</SynopsisText><synopsistitle>Fiscal Note ((H-AM 1) Office of Banks and Real Estate)</synopsistitle>
<SynopsisText>No fiscal impact.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2004</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Eddie Washington</action>
<statusdate>2/9/2004</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/9/2004</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/18/2004</statusdate><chamber>House</chamber><action>Assigned to Financial Institutions Committee</action>
<statusdate>3/3/2004</statusdate><chamber>House</chamber><action>House Amendment No. 1 Filed with Clerk by Financial Institutions Committee</action>
<statusdate>3/3/2004</statusdate><chamber>House</chamber><action>House Amendment No. 1 Adopted in Financial Institutions Committee;  by Voice Vote</action>
<statusdate>3/3/2004</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Financial Institutions Committee;  018-000-000</action>
<statusdate>3/3/2004</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>3/3/2004</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Thomas Holbrook</action>
<statusdate>3/19/2004</statusdate><chamber>House</chamber><action>Fiscal Note Filed As Amended by HA 1</action>
<statusdate>3/29/2004</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>3/29/2004</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>3/30/2004</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 116-000-000</action>
<statusdate>3/31/2004</statusdate><chamber>Senate</chamber><action>Arrive in Senate</action>
<statusdate>3/31/2004</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of First Reading April 1, 2004</action>
<statusdate>4/22/2004</statusdate><chamber>Senate</chamber><action>Chief Senate Sponsor Sen. William R. Haine</action>
<statusdate>4/22/2004</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>4/22/2004</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

