BANKING ACT-PROHIBITED ACTS Senate SponsorsSen. Don Harmon-Ira I. Silverstein House Sponsors(Rep. Thomas Holbrook-John A. Fritchey-Marlow H. Colvin-Monique D. Davis-Rosemary Mulligan, LaShawn K. Ford, Arthur L. Turner, Michael Zalewski, Greg Harris, Daniel V. Beiser, Michael K. Smith, Patrick J Verschoore and Sandra M. Pihos) 4/10/2009SenatePublic Act . . . . . . . . . 95-1051 205 ILCS 5/40from Ch. 17, par. 350Amends the Illinois Banking Act. Creates an exception in a provision prohibiting the Director of Financial and Professional Regulation of the Division of Banks and Real Estate, his or her deputies, and employees of the Division of Banks and Real Estate of the Department of Financial and Professional Regulation (was the Commissioner, deputy directors, and employees of the Office of Banks and Real Estate) from obtaining a loan from an entity regulated by the Act by permitting an employee of the Division to obtain a loan from a regulated entity if the loan was not offered with the intent to influence the performance of the employee's official duties and if the loan qualifies within other exceptions under federal law. Effective immediately.Senate Committee Amendment No. 1 Deletes reference to:205 ILCS 5/40Adds reference to:815 ILCS 205/4.2from Ch. 17, par. 6407815 ILCS 140/1d newDeletes everything after the enacting clause. Amends the Credit Card Issuance Act. Prohibits the issuer of a credit card from including in the issuer's credit card contract or agreement a universal default clause that increases the interest rate upon the holder of the credit card for a late payment to another credit card issuer or creditor. Defines "universal default clause". Amends the Interest Act. Provides that, in the case of any credit card account under a revolving credit arrangement containing a universal default provision, no increase in the annual percentage rate of interest, applicable to the account or any portion of an outstanding balance on the account may be made to a credit card account because the holder is late with a payment to another credit card issuer or creditor.House Floor Amendment No. 3 Deletes reference to:815 ILCS 205/4.2815 ILCS 140/1d newAdds reference to:220 ILCS 5/19-105220 ILCS 5/19-110220 ILCS 5/19-111 new220 ILCS 5/19-112 new220 ILCS 5/19-115220 ILCS 5/19-120220 ILCS 5/19-125815 ILCS 505/2DDD new815 ILCS 505/2EEE new815 ILCS 505/2FFF new815 ILCS 505/2GGG new815 ILCS 505/2DDD newReplaces everything after the enacting clause. Amends the Alternative Gas Supplier Law of the Public Utilities Act. Adds a definition of "sales agent" and makes changes in the definition of "small commercial customer". Makes changes in provisions concerning certification of alternative gas suppliers, obligations of alternative gas suppliers, the Illinois Commerce Commission's oversight of services provided by gas suppliers, and consumer education. Adds provisions concerning material changes in business and managerial resources. Amends the Consumer Fraud and Deceptive Business Practices Act. Adds provisions to the Act concerning the business practices of alternative gas suppliers. Effective immediately. 1/31/2007SenateFiled with Secretary by Sen. Terry Link 1/31/2007SenateFirst Reading 1/31/2007SenateReferred to Rules 2/7/2007SenateAssigned to Financial Institutions 3/14/2007SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Terry Link 3/14/2007SenateSenate Committee Amendment No. 1 Referred to Rules 3/14/2007SenateSenate Committee Amendment No. 1 Rules Refers to Financial Institutions 3/15/2007SenateSenate Committee Amendment No. 1 Adopted 3/15/2007SenateDo Pass as Amended Financial Institutions; 009-000-000 3/15/2007SenatePlaced on Calendar Order of 2nd Reading March 20, 2007 3/22/2007SenateSecond Reading 3/22/2007SenatePlaced on Calendar Order of 3rd Reading March 27, 2007 3/30/2007SenateRule 2-10 Third Reading Deadline Established As May 31, 2007 5/2/2007SenateAdded as Chief Co-Sponsor Sen. Ira I. Silverstein 5/2/2007SenateThird Reading - Passed; 056-001-000 5/2/2007HouseArrived in House 5/2/2007HousePlaced on Calendar Order of First Reading 5/2/2007HouseChief House Sponsor Rep. John A. Fritchey 5/2/2007HouseFirst Reading 5/2/2007HouseReferred to Rules Committee 5/10/2007HouseAssigned to Financial Institutions Committee 5/14/2007HouseAdded Alternate Co-Sponsor Rep. Arthur L. Turner 5/18/2007HouseCommittee Deadline Extended-Rule 9(b) May 25, 2007 5/22/2007HouseDo Pass / Short Debate Financial Institutions Committee; 015-000-000 5/22/2007HousePlaced on Calendar 2nd Reading - Short Debate 5/22/2007HouseAdded Alternate Chief Co-Sponsor Rep. Monique D. Davis 5/23/2007HouseAdded Alternate Chief Co-Sponsor Rep. Rosemary Mulligan 5/25/2007HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. John A. Fritchey 5/25/2007HouseHouse Floor Amendment No. 1 Referred to Rules Committee 5/28/2007HouseHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000 5/29/2007HouseSecond Reading - Short Debate 5/29/2007HouseHeld on Calendar Order of Second Reading - Short Debate 5/31/2007HouseFinal Action Deadline Extended-9(b) June 8, 2007 6/8/2007HouseFinal Action Deadline Extended-9(b) June 15, 2007 6/15/2007HouseFinal Action Deadline Extended-9(b) June 22, 2007 6/22/2007HouseFinal Action Deadline Extended-9(b) June 30, 2007 6/30/2007HouseFinal Action Deadline Extended-9(b) July 31, 2007 7/31/2007HouseFinal Action Deadline Extended-9(b) August 4, 2007 8/4/2007HouseFinal Action Deadline Extended-9(b) August 10, 2007 8/10/2007HouseFinal Action Deadline Extended-9(b) August 17, 2007 8/17/2007HouseFinal Action Deadline Extended-9(b) August 24, 2007 8/24/2007HouseFinal Action Deadline Extended-9(b) September 5, 2007 9/5/2007HouseFinal Action Deadline Extended-9(b) October 5, 2007 10/5/2007HouseFinal Action Deadline Extended-9(b) October 12, 2007 10/12/2007HouseFinal Action Deadline Extended-9(b) November 2, 2007 11/2/2007HouseFinal Action Deadline Extended-9(b) November 30, 2007 11/30/2007HouseFinal Action Deadline Extended-9(b) January 10, 2008 1/10/2008HouseRule 19(a) / Re-referred to Rules Committee 1/17/2008HouseAdded Alternate Chief Co-Sponsor Rep. LaShawn K. Ford 1/12/2009HouseFinal Action Deadline Extended-9(b) January 13, 2009 1/12/2009HouseApproved for Consideration Rules Committee; 005-000-000 1/12/2009HousePlaced on Calendar 2nd Reading - Short Debate 1/12/2009HouseAlternate Chief Sponsor Changed to Rep. Thomas Holbrook 1/12/2009HouseAdded Alternate Chief Co-Sponsor Rep. John A. Fritchey 1/12/2009HouseAdded Alternate Co-Sponsor Rep. LaShawn K. Ford 1/12/2009HouseAdded Alternate Chief Co-Sponsor Rep. Marlow H. Colvin 1/12/2009HouseAdded Alternate Co-Sponsor Rep. Michael Zalewski 1/12/2009SenateChief Sponsor Changed to Sen. Don Harmon 1/12/2009HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Thomas Holbrook 1/12/2009HouseHouse Floor Amendment No. 2 Referred to Rules Committee 1/12/2009HouseHouse Floor Amendment No. 2 Rules Refers to Consumer Protection Committee 1/13/2009HouseHouse Floor Amendment No. 2 Recommends Be Adopted Consumer Protection Committee; 009-000-000 1/13/2009HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Thomas Holbrook 1/13/2009HouseHouse Floor Amendment No. 3 Referred to Rules Committee 1/13/2009HouseHouse Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 003-000-000 1/13/2009HouseSecond Reading - Short Debate 1/13/2009HouseHouse Floor Amendment No. 1 Withdrawn by Rep. John A. Fritchey 1/13/2009HouseHouse Floor Amendment No. 2 Withdrawn by Rep. Thomas Holbrook 1/13/2009HouseHouse Floor Amendment No. 3 Adopted by Voice Vote 1/13/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 1/13/2009HouseThird Reading - Short Debate - Passed 113-000-000 1/13/2009HouseAdded Alternate Co-Sponsor Rep. Greg Harris 1/13/2009HouseAdded Alternate Co-Sponsor Rep. Daniel V. Beiser 1/13/2009HouseAdded Alternate Co-Sponsor Rep. Michael K. Smith 1/13/2009HouseAdded Alternate Co-Sponsor Rep. Patrick J Verschoore 1/13/2009HouseAdded Alternate Co-Sponsor Rep. Sandra M. Pihos 1/13/2009SenateSecretary's Desk - Concurrence House Amendment(s) 03 1/13/2009SenatePlaced on Calendar Order of Concurrence House Amendment(s) January 13, 2009; 03 1/13/2009SenateHouse Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. Don Harmon 1/13/2009SenateHouse Floor Amendment No. 3 Motion to Concur Referred to Rules 1/13/2009SenateHouse Floor Amendment No. 3 Motion to Concur Rules Referred to Executive 1/13/2009SenateHouse Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Executive; 012-000-000 1/13/2009SenateHouse Floor Amendment No. 3 Senate Concurs 055-000-000 1/13/2009SenatePassed Both Houses 2/11/2009SenateSent to the Governor 4/10/2009SenateGovernor Approved 4/10/2009SenateEffective Date April 10, 2009 4/10/2009SenatePublic Act . . . . . . . . . 95-1051