HB 4689

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House Mar 04, 2022
  • Passed House Mar 02, 2022
  • Senate
  • Governor

Banking&Probate-Finance/Notice

Abstract

Amends the Illinois Banking Act. In provisions concerning customer financial records and confidentiality, provides that the language does not prohibit the furnishing of financial information to the executor, executrix, administrator, or other lawful representative of the estate of a customer. Makes other changes. Amends the Financial Institutions Electronic Documents and Digital Signatures Act. In provisions concerning electronic notices, provides that consent to electronic transactions given by the customer pursuant to the federal Electronic Signatures in Global and National Commerce Act shall satisfy applicable consent requirements. Amends the Probate Act of 1975. Provides that any person doing business or performing transactions on behalf of or at the direction of an executor or administrator with a will annexed shall be entitled to the presumption that the executor or administrator with the will annexed is lawfully authorized to conduct the business or perform the transaction without such person investigating the source of the authority and without verifying that the actions of the executor or administrator with the will annexed comply with a will or any order of the probate court, unless such person has actual knowledge to the contrary. House Floor Amendment No. 1 Deletes reference to: 205 ILCS 5/32 Adds reference to: 205 ILCS 205/4013 from Ch. 17, par. 7304-13 205 ILCS 305/10 from Ch. 17, par. 4411 Replaces everything after the enacting clause with the provisions of the introduced bill with the following changes. Removes language concerning basic loaning limits. Amends the Savings Bank Act. Provides that the provisions do not prohibit the furnishing of financial information to the executor, executrix, administrator, or other lawful representative of the estate of a customer. Amends the Illinois Credit Union Act. Provides that the provisions do not prohibit the furnishing of financial information to the executor, executrix, administrator, or other lawful representative of the estate of a member.

Bill Sponsors (3)

Votes


Actions


Mar 25, 2022

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 24, 2022

Senate

Postponed - Judiciary

Mar 16, 2022

Senate

Assigned to Judiciary

Mar 04, 2022

Senate

Referred to Assignments

Senate

First Reading

Senate

Chief Senate Sponsor Sen. Meg Loughran Cappel

Senate

Placed on Calendar Order of First Reading

Senate

Arrive in Senate

Mar 02, 2022

House

Third Reading - Short Debate - Passed 113-000-000

Mar 01, 2022

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 1 Adopted

House

Added Co-Sponsor Rep. Katie Stuart

Feb 24, 2022

House

House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions Committee; 009-000-000

House

House Floor Amendment No. 1 Rules Refers to Financial Institutions Committee

Feb 23, 2022

House

Held on Calendar Order of Second Reading - Short Debate

House

House Floor Amendment No. 1 Filed with Clerk by Rep. Mark L. Walker

House

House Floor Amendment No. 1 Referred to Rules Committee

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Recalled to Second Reading - Short Debate

Feb 17, 2022

House

Held on Calendar Order of Second Reading - Consent Calendar

House

Held on Calendar Order of Second Reading - Short Debate

House

Removed from Consent Calendar Status Rep. Mark L. Walker

House

Second Reading - Consent Calendar

Feb 16, 2022

House

Placed on Calendar 2nd Reading - Consent Calendar

Feb 15, 2022

House

Do Pass / Consent Calendar Financial Institutions Committee; 009-000-000

Feb 09, 2022

House

Assigned to Financial Institutions Committee

Jan 21, 2022

House

First Reading

House

Referred to Rules Committee

Jan 20, 2022

House

Filed with the Clerk by Rep. Mark L. Walker

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF
House Amendment 001 HTML PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.