<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 1891   </title>
<shortdesc>BANKING ACT-FINANCIAL DISCLOSE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Daniel Biss</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 5/48.1</reference><aliasreference>from Ch. 17, par. 360</aliasreference><SynopsisText>     Amends the Illinois Banking Act. Provides that a bank shall utilize a form, statement, or writing to obtain a customer's consent to disclose any financial records or information obtained from financial records relating to that customer to non-affiliated third persons or parties. Provides criteria for banks to meet regarding the form, statement, or writing to obtain a customer's consent to disclose financial information relating to the customer's financial records. Provides that a bank shall not discriminate against or deny an otherwise qualified customer a financial product or financial service because the customer has not provided the consent to authorize the bank to disclose or share financial records or financial information obtained from financial records relating to that customer with any non-affiliated third person. Provides that a bank shall not be liable for failing to offer products and services to a customer solely because (i) that customer has failed to provide consent and the bank could not offer the product or service without consent and (ii) the customer has failed to provide consent.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Daniel Biss</action>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/22/2011</statusdate><chamber>House</chamber><action>Assigned to Consumer Protection Committee</action>
<statusdate>3/8/2011</statusdate><chamber>House</chamber><action>Motion Do Pass - Lost Consumer Protection Committee;  007-009-001</action>
<statusdate>3/8/2011</statusdate><chamber>House</chamber><action>Remains in Consumer Protection Committee</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

