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<xml>
<title>Illinois General Assembly - Bill Status for HB 2542         </title>
<shortdesc>BANKING-BUSINESS CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Monique D. Davis-Cynthia Soto-Barbara Flynn Currie-Mary E. Flowers-La Shawn K. Ford, Camille Y. Lilly, William Davis, Kenneth Dunkin, Esther Golar, Will Guzzardi, Elgie R. Sims, Jr., Arthur Turner, Litesa E. Wallace, Rita Mayfield, Elizabeth Hernandez, Martin J. Moylan, Carol Ammons, Eddie Lee Jackson, Sr., Jehan Gordon-Booth, Pamela Reaves-Harris, Emanuel Chris Welch and Christian L. Mitchell</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 5/47.5 new</reference><aliasreference></aliasreference><reference>205 ILCS 305/9.5 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Banking Act and the Illinois Credit Union Act. Requires financial institutions and credit unions to maintain and submit a record of applications for credit from women-owned businesses, minority-owned businesses, or small businesses. Provides requirements for the maintenance and collection of those records. Authorizes the Department of Financial and Professional Regulation to adopt rules necessary to implement the provisions. Provides that the provisions shall be operative only until the effective date of the federal regulations implementing a specified provision of the federal Dodd-Frank Wall Street Reform and Consumer Protection Act. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Monique D. Davis</action>
<statusdate>2/18/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/2/2015</statusdate><chamber>House</chamber><action>Assigned to Financial Institutions Committee</action>
<statusdate>3/17/2015</statusdate><chamber>House</chamber><action>Do Pass / Standard Debate Financial Institutions Committee;  013-006-000</action>
<statusdate>3/18/2015</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Standard Debate</action>
<statusdate>3/26/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Camille Y. Lilly</action>
<statusdate>4/14/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Cynthia Soto</action>
<statusdate>4/14/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Barbara Flynn Currie</action>
<statusdate>4/14/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Mary E. Flowers</action>
<statusdate>4/14/2015</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. La Shawn K. Ford</action>
<statusdate>4/14/2015</statusdate><chamber>House</chamber><action>Second Reading - Standard Debate</action>
<statusdate>4/14/2015</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Standard Debate</action>
<statusdate>4/16/2015</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Standard Debate</action>
<statusdate>4/17/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. William Davis</action>
<statusdate>4/17/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kenneth Dunkin</action>
<statusdate>4/17/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Esther Golar</action>
<statusdate>4/17/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Will Guzzardi</action>
<statusdate>4/17/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elgie R. Sims, Jr.</action>
<statusdate>4/17/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Arthur Turner</action>
<statusdate>4/17/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Litesa E. Wallace</action>
<statusdate>4/17/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Rita Mayfield</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Third Reading - Consideration Postponed</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Placed on Calendar - Consideration Postponed</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elizabeth Hernandez</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Martin J. Moylan</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Carol Ammons</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Eddie Lee Jackson, Sr.</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jehan Gordon-Booth</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Pamela Reaves-Harris</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Emanuel Chris Welch</action>
<statusdate>4/20/2015</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Christian L. Mitchell</action>
<statusdate>4/24/2015</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

