Illinois General Assembly - Bill Status for SB2544
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 Bill Status of SB2544  93rd General Assembly


Short Description:  FIN REG-SAVINGS BANK POWERS

Senate Sponsors
Sen. Terry Link

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

Statutes Amended In Order of Appearance
205 ILCS 205/1008from Ch. 17, par. 7301-8


Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/3/2004SenateFiled with Secretary by Sen. Terry Link
  2/3/2004SenateFirst Reading
  2/3/2004SenateReferred to Rules
  1/11/2005SenateSession Sine Die

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