IL CREDIT UNION-HEARING REQ House SponsorsRep. Joseph M. Lyons-Brandon W. Phelps-Franco Coladipietro-Thomas Holbrook Senate Sponsors(Sen. David Koehler) 7/14/2011HousePublic Act . . . . . . . . . 97-0133 205 ILCS 305/1.1from Ch. 17, par. 4402205 ILCS 305/2from Ch. 17, par. 4403205 ILCS 305/3from Ch. 17, par. 4404205 ILCS 305/4from Ch. 17, par. 4405205 ILCS 305/7from Ch. 17, par. 4408205 ILCS 305/8from Ch. 17, par. 4409205 ILCS 305/9from Ch. 17, par. 4410205 ILCS 305/9.1205 ILCS 305/11from Ch. 17, par. 4412205 ILCS 305/12from Ch. 17, par. 4413205 ILCS 305/13from Ch. 17, par. 4414205 ILCS 305/14from Ch. 17, par. 4415205 ILCS 305/15from Ch. 17, par. 4416205 ILCS 305/16from Ch. 17, par. 4417205 ILCS 305/16.1205 ILCS 305/19from Ch. 17, par. 4420205 ILCS 305/20from Ch. 17, par. 4421205 ILCS 305/21from Ch. 17, par. 4422205 ILCS 305/22from Ch. 17, par. 4423205 ILCS 305/23from Ch. 17, par. 4424205 ILCS 305/24from Ch. 17, par. 4425205 ILCS 305/25from Ch. 17, par. 4426205 ILCS 305/26from Ch. 17, par. 4427205 ILCS 305/27from Ch. 17, par. 4428205 ILCS 305/28from Ch. 17, par. 4429205 ILCS 305/30from Ch. 17, par. 4431205 ILCS 305/31from Ch. 17, par. 4432205 ILCS 305/32from Ch. 17, par. 4433205 ILCS 305/33from Ch. 17, par. 4434205 ILCS 305/34from Ch. 17, par. 4435205 ILCS 305/35from Ch. 17, par. 4436205 ILCS 305/36from Ch. 17, par. 4437205 ILCS 305/37from Ch. 17, par. 4438205 ILCS 305/38from Ch. 17, par. 4439205 ILCS 305/39from Ch. 17, par. 4440205 ILCS 305/40from Ch. 17, par. 4441205 ILCS 305/41from Ch. 17, par. 4442205 ILCS 305/43.1205 ILCS 305/44from Ch. 17, par. 4445205 ILCS 305/45from Ch. 17, par. 4446205 ILCS 305/46from Ch. 17, par. 4447205 ILCS 305/47from Ch. 17, par. 4448205 ILCS 305/48from Ch. 17, par. 4449205 ILCS 305/49from Ch. 17, par. 4450205 ILCS 305/51from Ch. 17, par. 4452205 ILCS 305/52from Ch. 17, par. 4453205 ILCS 305/53from Ch. 17, par. 4454205 ILCS 305/54from Ch. 17, par. 4455205 ILCS 305/55from Ch. 17, par. 4456205 ILCS 305/56from Ch. 17, par. 4457205 ILCS 305/57from Ch. 17, par. 4458205 ILCS 305/58from Ch. 17, par. 4459205 ILCS 305/59from Ch. 17, par. 4460205 ILCS 305/60from Ch. 17, par. 4461205 ILCS 305/61from Ch. 17, par. 4462205 ILCS 305/62from Ch. 17, par. 4463205 ILCS 305/63from Ch. 17, par. 4464205 ILCS 305/64from Ch. 17, par. 4465205 ILCS 305/65from Ch. 17, par. 4466205 ILCS 305/66from Ch. 17, par. 4467205 ILCS 305/67from Ch. 17, par. 4468205 ILCS 305/68from Ch. 17, par. 4469205 ILCS 305/69from Ch. 17, par. 4470205 ILCS 305/69.1from Ch. 17, par. 4470.1205 ILCS 305/70from Ch. 17, par. 4471205 ILCS 305/71from Ch. 17, par. 4472 Amends the Illinois Credit Union Act. Provides that if a credit union requests a hearing in response to an order of a fine, the Secretary of Financial and Professional Regulation shall schedule a hearing within 30 days after the request and the order shall be stayed until the final administrative order is entered. Makes changes in provisions concerning reciprocity, the powers and duties of the Secretary, powers of a credit union, and vacancies in the board of directors. Makes other changes. Also makes technical changes concerning the capitalization of "articles of incorporation," "board of directors," "credit committee," "chairman," and other terms. Effective January 1, 2012.House Committee Amendment No. 1 Adds reference to:205 ILCS 305/10from Ch. 17, par. 4411205 ILCS 305/10.1Further amends the Illinois Credit Union Act. In provisions throughout the Act that relate to rulemaking, replaces certain references to "the Secretary" with "the Secretary and the Director". Provides that the credit union shall register with the office (instead of the Secretary) prior to operating in the State, on a form specified by the Secretary. Makes other changes. Also makes technical changes. 2/23/2011HouseFiled with the Clerk by Rep. Joseph M. Lyons 2/23/2011HouseFirst Reading 2/23/2011HouseReferred to Rules Committee 2/28/2011HouseAssigned to Financial Institutions Committee 3/4/2011HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Joseph M. Lyons 3/4/2011HouseHouse Committee Amendment No. 1 Referred to Rules Committee 3/8/2011HouseHouse Committee Amendment No. 1 Rules Refers to Financial Institutions Committee 3/8/2011HouseHouse Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote 3/8/2011HouseDo Pass as Amended / Short Debate Financial Institutions Committee; 021-000-000 3/9/2011HousePlaced on Calendar 2nd Reading - Short Debate 3/9/2011HouseAdded Chief Co-Sponsor Rep. Brandon W. Phelps 3/9/2011HouseAdded Chief Co-Sponsor Rep. Franco Coladipietro 3/9/2011HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook 3/17/2011HouseSecond Reading - Short Debate 3/17/2011HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/30/2011HouseThird Reading - Short Debate - Passed 116-000-000 3/31/2011SenateArrive in Senate 3/31/2011SenatePlaced on Calendar Order of First Reading 3/31/2011SenateChief Senate Sponsor Sen. David Koehler 3/31/2011SenateFirst Reading 3/31/2011SenateReferred to Assignments 4/27/2011SenateAssigned to Financial Institutions 5/5/2011SenateDo Pass Financial Institutions; 011-000-000 5/5/2011SenatePlaced on Calendar Order of 2nd Reading May 6, 2011 5/6/2011SenateSecond Reading 5/6/2011SenatePlaced on Calendar Order of 3rd Reading May 10, 2011 5/12/2011SenateThird Reading - Passed; 057-000-000 5/12/2011HousePassed Both Houses 6/10/2011HouseSent to the Governor 7/14/2011HouseGovernor Approved 7/14/2011HouseEffective Date January 1, 2012 7/14/2011HousePublic Act . . . . . . . . . 97-0133