Illinois Senate Bill 1813 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 20-8)
Status: Passed on August 23 2019 - 100% progression
Action: 2019-08-23 - Public Act . . . . . . . . . 101-0567
Text: Latest bill text (Chaptered) [HTML]

Amends the Illinois Credit Union Act. Provides that if the Act requires information to be written or delivered in writing, an electronic record or delivery satisfies the rule of law. Provides that if the Act requires a policy, record, notice, or other document or information to be mailed or otherwise furnished or disclosed by a credit union, electronic distribution or delivery satisfies the rule of law. Provides that a policy adopted by the board may delegate expulsion authority to senior management officials of the credit union. Provides that a member expelled by a senior management official may seek reinstatement by appealing the action within 30 days of expulsion to the board of directors, and that the board may affirm, disaffirm, or modify the action, and the board's decision is final. Provides that a credit union may invest in securities, obligations, or other instruments of or issued by entities properly registered with or licensed by the Department of Financial and Professional Regulation. Increases a credit union's aggregate loan amount and the total amount of funds not used in loans to members that may be invested in shares and stocks of Credit Union Service Organizations to 10% (instead of 3%) of the paid-in and unimpaired capital and surplus of the credit union. Modifies a credit union's investment limit in shares or stocks of Credit Union Service Organizations to not exceed 10% (instead of 3%) of the paid-in and unimpaired capital and surplus of the credit union or the amount authorized for federal credit unions. Makes other changes. Effective immediately.

CREDIT UNION ACT-VARIOUS

Sen. John Mulroe [D]	Sen. Antonio Munoz [D]	Rep. Robert Rita [D]	Rep. Camille Lilly [D]
Rep. Michael McAuliffe [R]	Rep. Anthony DeLuca [D]	Rep. Christopher Davidsmeyer [R]	Rep. Mike Murphy [R]
Rep. Timothy Butler [R]	Rep. Michael Zalewski [D]	Rep. Norine Hammond [R]	Rep. Ryan Spain [R]
Rep. Dan Ugaste [R]	Rep. Lawrence Walsh [D]	Sen. Robert Martwick [D]	Rep. John D'Amico [D]
Rep. Kelly Burke [D]	Rep. Natalie Manley [D]	Rep. Martin Moylan [D]	Rep. Frances Hurley [D]
Rep. Andre Thapedi [D]	Rep. William Davis [D]	Sen. Sara Feigenholtz [D]	Rep. Jay Hoffman [D]
Rep. Monica Bristow [D]	Rep. Rita Mayfield [D]	Rep. Kelly Cassidy [D]	Rep. Amy Grant [R]

2019-05-31 - Senate - Concurrence in Senate (Y: 58 N: 0 NV: 1 Abs: 0) [PASS]
2019-05-30 - House - Third Reading in House (Y: 88 N: 27 NV: 2 Abs: 0) [PASS]
2019-04-10 - Senate - Third Reading in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]

Date	Chamber	Action
2019-08-23	Senate	Public Act . . . . . . . . . 101-0567
2019-08-23	Senate	Effective Date August 23, 2019
2019-08-23	Senate	Governor Approved
2019-06-28	Senate	Sent to the Governor
2019-05-31	Senate	Passed Both Houses
2019-05-31	Senate	Senate Concurs
2019-05-31	Senate	House Committee Amendment No. 1 Senate Concurs 058-000-000
2019-05-31	Senate	House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities; 006-000-000
2019-05-30	Senate	House Committee Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities
2019-05-30	Senate	House Committee Amendment No. 1 Motion to Concur Referred to Assignments
2019-05-30	Senate	House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. John G. Mulroe
2019-05-30	Senate	Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 31, 2019
2019-05-30	Senate	Secretary's Desk - Concurrence House Amendment(s) 1
2019-05-30	House	Third Reading - Short Debate - Passed 088-027-000
2019-05-30	House	Placed on Calendar Order of 3rd Reading - Short Debate
2019-05-29	House	Held on Calendar Order of Second Reading - Short Debate
2019-05-29	House	Second Reading - Short Debate
2019-05-29	House	Placed on Calendar 2nd Reading - Short Debate
2019-05-29	House	Do Pass as Amended / Short Debate Financial Institutions Committee; 009-000-000
2019-05-29	House	House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
2019-05-28	House	Motion to Suspend Rule 21 - Prevailed
2019-05-28	House	Motion Filed to Suspend Rule 21 Financial Institutions Committee; Rep. Kathleen Willis
2019-05-28	House	House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
2019-05-28	House	House Committee Amendment No. 1 Referred to Rules Committee
2019-05-28	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Robert Rita
2019-05-28	House	Final Action Deadline Extended-9(b) May 31, 2019
2019-05-28	House	Assigned to Financial Institutions Committee
2019-05-21	House	Added Alternate Co-Sponsor Rep. Amy Grant
2019-05-21	House	Added Alternate Co-Sponsor Rep. Kelly M. Cassidy
2019-05-21	House	Added Alternate Co-Sponsor Rep. Rita Mayfield
2019-05-21	House	Added Alternate Co-Sponsor Rep. Monica Bristow
2019-05-20	House	Added Alternate Co-Sponsor Rep. Jay Hoffman
2019-05-17	House	Added Alternate Co-Sponsor Rep. Sara Feigenholtz
2019-05-17	House	Added Alternate Co-Sponsor Rep. William Davis
2019-05-17	House	Added Alternate Co-Sponsor Rep. André Thapedi
2019-05-17	House	Added Alternate Co-Sponsor Rep. Frances Ann Hurley
2019-05-17	House	Added Alternate Co-Sponsor Rep. Martin J. Moylan
2019-05-17	House	Added Alternate Chief Co-Sponsor Rep. C.D. Davidsmeyer
2019-05-17	House	Added Alternate Chief Co-Sponsor Rep. Anthony DeLuca
2019-05-17	House	Added Alternate Chief Co-Sponsor Rep. Michael P. McAuliffe
2019-05-17	House	Added Alternate Chief Co-Sponsor Rep. Camille Y. Lilly
2019-05-16	House	Added Alternate Co-Sponsor Rep. Natalie A. Manley
2019-05-16	House	Added Alternate Co-Sponsor Rep. Kelly M. Burke
2019-05-16	House	Added Alternate Co-Sponsor Rep. John C. D'Amico
2019-05-16	House	Added Alternate Co-Sponsor Rep. Robert Martwick
2019-05-16	House	Added Alternate Co-Sponsor Rep. Lawrence Walsh, Jr.
2019-05-16	House	Added Alternate Co-Sponsor Rep. Dan Ugaste
2019-05-16	House	Added Alternate Co-Sponsor Rep. Ryan Spain
2019-05-16	House	Added Alternate Co-Sponsor Rep. Norine K. Hammond
2019-05-15	House	Added Alternate Co-Sponsor Rep. Michael J. Zalewski
2019-05-15	House	Added Alternate Co-Sponsor Rep. Tim Butler
2019-05-15	House	Added Alternate Co-Sponsor Rep. Mike Murphy
2019-04-11	House	Referred to Rules Committee
2019-04-11	House	First Reading
2019-04-11	House	Chief House Sponsor Rep. Robert Rita
2019-04-11	House	Arrived in House
2019-04-10	Senate	Third Reading - Passed; 056-000-000
2019-04-04	Senate	Placed on Calendar Order of 3rd Reading
2019-04-04	Senate	Senate Floor Amendment No. 2 Adopted; Mulroe
2019-04-04	Senate	Senate Floor Amendment No. 1 Adopted; Mulroe
2019-04-04	Senate	Recalled to Second Reading
2019-03-27	Senate	Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 006-000-000
2019-03-27	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 006-000-000
2019-03-26	Senate	Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions
2019-03-26	Senate	Added as Co-Sponsor Sen. Antonio Muñoz
2019-03-20	Senate	Senate Floor Amendment No. 2 Referred to Assignments
2019-03-20	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. John G. Mulroe
2019-03-20	Senate	Senate Floor Amendment No. 1 Postponed - Financial Institutions
2019-03-14	Senate	Senate Floor Amendment No. 1 Assignments Refers to Financial Institutions
2019-03-13	Senate	Senate Floor Amendment No. 1 Referred to Assignments
2019-03-13	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe
2019-03-06	Senate	Placed on Calendar Order of 3rd Reading March 7, 2019
2019-03-06	Senate	Second Reading
2019-03-06	Senate	Placed on Calendar Order of 2nd Reading
2019-03-06	Senate	Do Pass Financial Institutions; 009-000-000
2019-02-27	Senate	Assigned to Financial Institutions
2019-02-15	Senate	Referred to Assignments
2019-02-15	Senate	First Reading
2019-02-15	Senate	Filed with Secretary by Sen. John G. Mulroe

Chapter	Article	Section	Citation Type	Statute Text
205	305	10.2	New Code	See Bill Text
205	305	15	Amended Code	Citation Text
205	305	23	Amended Code	Citation Text
205	305	44	Amended Code	Citation Text
205	305	51	Amended Code	Citation Text
205	305	57.1	Amended Code	Citation Text
205	305	59	Amended Code	Citation Text
205	305	63	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1813&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/SB/10100SB1813.htm
Text	https://www.ilga.gov/legislation/101/SB/10100SB1813eng.htm
Text	https://www.ilga.gov/legislation/101/SB/10100SB1813enr.htm
Text	https://www.ilga.gov/legislation/publicacts/101/101-0567.htm
Amendment	https://www.ilga.gov/legislation/101/SB/10100SB1813sam001.htm
Amendment	https://www.ilga.gov/legislation/101/SB/10100SB1813sam002.htm
Amendment	https://www.ilga.gov/legislation/101/SB/10100SB1813ham001.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/101/senate/10100SB1813_04102019_074000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/101/house/10100SB1813_05302019_014000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/101/senate/10100SB1813ham001_05312019_062000C.pdf