BANKING-VARIOUS House SponsorsRep. C.D. Davidsmeyer 1/10/2017HouseSession Sine Die 205 ILCS 5/21.1205 ILCS 5/21.4205 ILCS 5/48205 ILCS 205/1006from Ch. 17, par. 7301-6205 ILCS 205/1006.05205 ILCS 205/9002.1205 ILCS 205/9002.5205 ILCS 205/9004from Ch. 17, par. 7309-4205 ILCS 205/9009from Ch. 17, par. 7309-9205 ILCS 205/9013from Ch. 17, par. 7309-13205 ILCS 205/9018from Ch. 17, par. 7309-18205 ILCS 205/9018.1 rep.205 ILCS 205/9018.2 rep.205 ILCS 205/9018.3 rep.205 ILCS 205/9018.4 rep.205 ILCS 616/30205 ILCS 620/1-7from Ch. 17, par. 1551-7205 ILCS 650/2from Ch. 17, par. 2852205 ILCS 690/20 rep.815 ILCS 137/115 rep. Amends the Illinois Banking Act. Replaces provisions regarding application for a certificate of authority for an out-of-state bank to merge with a State bank with language that provides that a State bank may merge with and into an out-of-state bank, provided the out-of-state bank causes notice to be filed with the Secretary of Financial and Professional Regulation not less than 60 days before the proposed effective date of the merger. Makes conforming changes. Amends the Savings Bank Act. Makes changes in provisions concerning parity, out-of-state savings banks establishing branches in this State, examinations, the Savings Bank Regulatory Fund, regulatory fees, orders of the Secretary, and administrative review. Repeals provisions of the Savings Bank Act concerning hearings, records of proceedings, and subpoenas and depositions. Amends the Electronic Fund Transfer Act. Requires that a person who establishes or owns specified cash-dispensing terminals must post a telephone number on the terminal for consumers to call to report problems, along with the telephone number of the Department of Financial and Professional Regulation. Amends the Corporate Fiduciary Act. Makes changes concerning the office locations of corporate fiduciaries. Amends the Foreign Bank Representative Office Act. Makes changes concerning the definition of "foreign bank". Repeals provisions of the Check Printer and Check Number Act concerning registration of persons other than financial institutions who sell or distribute checks. Repeals provisions of the High Risk Home Loan Act regarding annual reports on default and foreclosure rates on conventional loans. Effective immediately.Fiscal Note (Financial & Professional Regulation) Illinois Department of Financial and Professional Regulation (IDFPR) anticipates HB5957 to result in approximately $250,000 less in average annual revenue collected in variable quarterly fees and exam fees charged to Savings Banks. This $250,000 annual loss in quarterly and exam fee revenue would then be offset by the contingent fee charged by IDFPR in the subsequent fiscal year. Due to the offsetting nature of the contingent fee/credit back charge, net fiscal impact to IDFPR will be minimal and IDFPR would only be affected by the timing of cash flows which would provide more consistent quarterly fees to Savings Banks. 2/11/2016HouseFiled with the Clerk by Rep. C.D. Davidsmeyer 2/11/2016HouseFirst Reading 2/11/2016HouseReferred to Rules Committee 4/4/2016HouseAssigned to Financial Institutions Committee 4/4/2016HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. C.D. Davidsmeyer 4/4/2016HouseHouse Committee Amendment No. 1 Referred to Rules Committee 4/8/2016HouseCommittee Deadline Extended-Rule 9(b) April 22, 2016 4/13/2016HouseFiscal Note Filed 4/22/2016HouseRule 19(a) / Re-referred to Rules Committee 1/10/2017HouseSession Sine Die