BANKING-CONFIDENTIALITY House SponsorsRep. John A. Fritchey-Sandra M. Pihos, Kenneth Dunkin, Elizabeth Coulson, Mike Boland, Edward J. Acevedo, Monique D. Davis, Joe Dunn, Ruth Munson, Richard T. Bradley and Joseph M. Lyons Senate Sponsors(Sen. Ira I. Silverstein-Jacqueline Y. Collins) 8/8/2005HousePublic Act . . . . . . . . . 94-0495 205 ILCS 5/48.1from Ch. 17, par. 360 Amends the Illinois Banking Act. Provides that the Act does not prohibit the furnishing of information to certain entities if there is suspicion by the entity or the bank (rather than the bank suspects) that a customer who is an elderly or disabled person has been or may become the victim of financial exploitation. Provides that a bank or person furnishing the information shall be entitled to the same rights and protections as a person furnishing information under the Abuse of Adults with Disabilities Intervention Act. Effective immediately.House Amendment No. 1 Adds reference to:205 ILCS 105/3-8from Ch. 17, par. 3303-8205 ILCS 205/4013from Ch. 17, par. 7304-13205 ILCS 305/10from Ch. 17, par. 4411Amends the Illinois Savings and Loan Act of 1985, the Savings Bank Act, and the Credit Union Act. Provides that savings and loan associations, savings banks, and credit unions are not prohibited from furnishing information to certain entities if there is suspicion by the entity that a customer who is an elderly or disabled person has been or may become the victim of financial exploitation. Provides that the entity or person furnishing the information shall be entitled to the same rights and protections as a person furnishing information under the Abuse of Adults with Disabilities Intervention Act. 2/9/2005HouseFiled with the Clerk by Rep. John A. Fritchey 2/9/2005HouseFirst Reading 2/9/2005HouseReferred to Rules Committee 2/10/2005HouseAssigned to Financial Institutions Committee 3/1/2005HouseHouse Amendment No. 1 Filed with Clerk by Financial Institutions Committee 3/1/2005HouseHouse Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote 3/1/2005HouseDo Pass as Amended / Short Debate Financial Institutions Committee; 027-000-000 3/2/2005HousePlaced on Calendar 2nd Reading - Short Debate 3/3/2005HouseAdded Co-Sponsor Rep. Kenneth Dunkin 3/3/2005HouseAdded Co-Sponsor Rep. Elizabeth Coulson 3/3/2005HouseAdded Co-Sponsor Rep. Mike Boland 3/3/2005HouseAdded Co-Sponsor Rep. Edward J. Acevedo 3/3/2005HouseAdded Co-Sponsor Rep. Monique D. Davis 3/3/2005HouseAdded Co-Sponsor Rep. Joe Dunn 3/3/2005HouseSecond Reading - Short Debate 3/3/2005HouseAdded Chief Co-Sponsor Rep. Sandra M. Pihos 3/3/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/9/2005HouseThird Reading - Short Debate - Passed 114-000-002 3/9/2005HouseAdded Co-Sponsor Rep. Ruth Munson 3/9/2005HouseAdded Co-Sponsor Rep. Richard T. Bradley 3/9/2005HouseAdded Co-Sponsor Rep. Joseph M. Lyons 3/10/2005SenateArrive in Senate 3/10/2005SenatePlaced on Calendar Order of First Reading March 15, 2005 4/6/2005SenateChief Senate Sponsor Sen. Ira I. Silverstein 4/11/2005SenateFirst Reading 4/11/2005SenateReferred to Rules 4/13/2005SenateAssigned to Financial Institutions 4/21/2005SenatePostponed - Financial Institutions 5/5/2005SenateDo Pass Financial Institutions; 008-000-000 5/5/2005SenatePlaced on Calendar Order of 2nd Reading May 10, 2005 5/10/2005SenateSecond Reading 5/10/2005SenatePlaced on Calendar Order of 3rd Reading May 11, 2005 5/11/2005SenateAdded as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins 5/11/2005SenateThird Reading - Passed; 059-000-000 5/11/2005HousePassed Both Houses 6/9/2005HouseSent to the Governor 8/8/2005HouseGovernor Approved 8/8/2005HouseEffective Date August 8, 2005 8/8/2005HousePublic Act . . . . . . . . . 94-0495