Illinois General Assembly - Bill Status for HB5195
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 Bill Status of HB5195  93rd General Assembly


Short Description:  FIN REG-BANKING DEVLPMNT ACT

House Sponsors
Rep. Joseph M. Lyons

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
35 ILCS 200/18-167 new


Synopsis As Introduced
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.

Actions 
DateChamber Action
  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

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