92nd General Assembly
Status of HB4952
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   205 ILCS 5/32             from Ch. 17, par. 339                             
   205 ILCS 5/35.1           from Ch. 17, par. 344                             

        Amends the Illinois Banking Act in relation  to  lending  limits.      
   Provides  that  the  total liability to a state bank of a person as an      
   accommodation party may not exceed 25% of the amount of the unimpaired      
   capital and unimpaired surplus of  the  bank.   Establishes  the  same      
   limit  with  respect to the amount of unamortized investment of a bank      
   in property leased to a person. Effective immediately.                      
   FEB-05-2002  H  FILED WITH CLERK                                               
   FEB-05-2002  H  FIRST READING                                                  
   FEB-05-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2002  H       ASSIGNED TO COMMITTEE               FIN INSTIT            
   FEB-14-2002  H  DO PASS/SHORT DEBATE                     016-000-000   HFIN    
   FEB-14-2002  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   FEB-21-2002  H  SECOND READING-SHORT DEBATE                                    
   FEB-21-2002  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAR-20-2002  H  THIRD READING/SHORT DEBATE/PASSED        104-000-004           
   MAR-21-2002  S  ARRIVE IN SENATE                                               
   MAR-21-2002  S  PLACED CALENDAR ORDER OF FIRST READING                         
   MAR-21-2002  S  CHIEF SPONSOR                            WALSH,T               
   MAR-21-2002  S  ADDED AS A CHIEF CO-SPONSOR              LIGHTFORD             
   MAR-21-2002  S  FIRST READING                                                  
   MAR-21-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   APR-10-2002  S       ASSIGNED TO COMMITTEE               FIN INST              
   APR-18-2002  S       DO PASS                             009-000-000   SFIC    
   APR-18-2002  S  PLACED ON CALENDAR ORDER OF 2ND READING  02-04-23              
   APR-23-2002  S  SECOND READING                                                 
   APR-23-2002  S  PLACED ON CALENDAR ORDER OF 3RD READING  02-04-24              
   APR-25-2002  S  THIRD READING - PASSED                   056-000-000           
   APR-25-2002  H  PASSED BOTH HOUSES                                             
   MAY-24-2002  H  SENT TO THE GOVERNOR                                           
   JUN-26-2002  H  GOVERNOR APPROVED                                              
   JUN-26-2002  H                            EFFECTIVE DATE 02-06-26              
   JUN-26-2002  H  PUBLIC ACT.............................. 92-0573               


 Full Text  Bill Summary