<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2544   </title>
<shortdesc>FIN REG-SAVINGS BANK POWERS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Terry Link</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 205/1008</reference><aliasreference>from Ch. 17, par. 7301-8</aliasreference><SynopsisText>Amends the Savings Bank Act. Deletes a provision pertaining to temporary service booths at International Fairs in this State. Adds a provision to allow savings banks operating under the Act to make debt or equity investments in corporations or projects designed to promote the development of the community, subject to specified limitations. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/3/2004</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Terry Link</action>
<statusdate>2/3/2004</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/3/2004</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

