Illinois Code | Chapter 205 Article 5 Section 2

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ILHB5428Engross
50%		Amends the Illinois Banking Act. Provides that a bank may provide data processing services to a person for profit. Provides that a bank may invest in commodities derivatives, with the management and controls necessary to ensure that such activities a...
[Detail][Text][Discuss]		2024-05-07
[Hearing: May 14 @ 5:30 pm]
To Senate Financial Institutions Committee
ILSB3666Intro
25%		Creates the Digital Assets Regulation Act. Provides that the Department of Financial and Professional Regulation shall regulate digital asset business activity in the State. Sets forth provisions concerning: applicability; the powers and duties of th...
[Detail][Text][Discuss]		2024-05-03
To Senate Assignments Committee
ILSB3726Intro
25%		Amends the Illinois Banking Act. Makes changes to the membership of the State Banking Board of Illinois. Provides that a bank may borrow or incur an obligation and pledge assets to secure deposits. Provides that a bank may provide data processing ser...
[Detail][Text][Discuss]		2024-02-09
To Senate Assignments Committee
ILHB3479Engross
50%		Creates the Uniform Money Transmission Modernization Act. Provides that the provisions supersede the Transmitters of Money Act. Sets forth provisions concerning money transmission licenses; acquisition of control; reporting and records; authorized de...
[Detail][Text][Discuss]		2023-05-02
To Senate Assignments Committee
ILSB1718Intro
25%		Amends the Corporate Fiduciary Act to create the Special Purpose Trust Company Authority and Organization Article. Provides that a corporation that has been or shall be incorporated under the general corporation laws of the State for the special purp...
[Detail][Text][Discuss]		2023-02-09
To Senate Assignments Committee
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