IllinoisSB2346104th General Assembly (2025–2026)Senate

BANK COMMUNITY REINVESTMENT

Sponsored By: Christopher Belt (Democratic)

In Committee

Summary

Amends the Illinois Banking Act and the Savings Bank Act. Requires specified financial institutions to be insured by the Federal Deposit Insurance Corporation and agree to operate subject to 2 U.S.C. 2901 et seq. following a change in control, a purchase of substantially all assets, the assumption of substantially all liabilities of a State bank, or a merger.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Christopher Belt

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Assignments

    2/7/2025Senate
  2. First Reading

    2/7/2025Senate
  3. Filed with Secretary by Sen. Christopher Belt

    2/7/2025Senate

Bill Text

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