<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2396   </title>
<shortdesc>BANKING-FED RESERVE REG W</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Don Harmon and Christine Radogno-Dan Rutherford</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Elizabeth Coulson-Joseph M. Lyons)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 5/35.2</reference><aliasreference>from Ch. 17, par. 345</aliasreference><SynopsisText>Amends the Illinois Banking Act. Provides that a state bank and its subsidiaries in compliance with Regulation W promulgated by the Board of Governors of the Federal Reserve shall be deemed to be in compliance with certain provisions of the Act concerning limitations on investments in and loans to affiliates. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/18/2006</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Don Harmon</action>
<statusdate>1/18/2006</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/18/2006</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/8/2006</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>2/16/2006</statusdate><chamber>Senate</chamber><action>Do Pass Financial Institutions;  007-000-000</action>
<statusdate>2/16/2006</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading February 22, 2006</action>
<statusdate>2/16/2006</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Dan Rutherford</action>
<statusdate>2/22/2006</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>2/22/2006</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading February 23, 2006</action>
<statusdate>2/23/2006</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 058-000-000</action>
<statusdate>2/23/2006</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>2/23/2006</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>2/24/2006</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Elizabeth Coulson</action>
<statusdate>2/24/2006</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/24/2006</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/24/2006</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Christine Radogno</action>
<statusdate>2/27/2006</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Dan Rutherford</action>
<statusdate>3/2/2006</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Joseph M. Lyons</action>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

