SAVINGS & LOAN ACT 1985-REPEAL House SponsorsRep. Linda Chapa LaVia 1/8/2013HouseSession Sine Die 5 ILCS 140/7.520 ILCS 3205/2.530 ILCS 105/5.214from Ch. 127, par. 141.21430 ILCS 105/8.12from Ch. 127, par. 144.12205 ILCS 5/32from Ch. 17, par. 339205 ILCS 5/48205 ILCS 5/48.05205 ILCS 5/48.3from Ch. 17, par. 360.2205 ILCS 105/Act rep.205 ILCS 205/1007.130205 ILCS 205/2007from Ch. 17, par. 7302-7205 ILCS 205/3003from Ch. 17, par. 7303-3205 ILCS 205/4008from Ch. 17, par. 7304-8205 ILCS 205/4010from Ch. 17, par. 7304-10205 ILCS 205/4013from Ch. 17, par. 7304-13205 ILCS 205/6002from Ch. 17, par. 7306-2205 ILCS 205/6013from Ch. 17, par. 7306-13205 ILCS 205/6014from Ch. 17, par. 7306-14205 ILCS 205/9002from Ch. 17, par. 7309-2205 ILCS 205/9002.1 new205 ILCS 205/9002.5205 ILCS 205/9012from Ch. 17, par. 7309-12205 ILCS 205/Art. 12.1 heading new205 ILCS 205/12101 new205 ILCS 205/12102 new205 ILCS 205/12103 new205 ILCS 205/12104 new205 ILCS 205/12105 new205 ILCS 205/12106 new205 ILCS 205/12107 new205 ILCS 205/12108 new205 ILCS 205/12109 new205 ILCS 205/Art. 12.2 heading new205 ILCS 205/12201 new205 ILCS 205/12202 new205 ILCS 205/12203 new205 ILCS 205/1007.70 rep.205 ILCS 205/9017 rep.205 ILCS 510/0.05205 ILCS 510/7from Ch. 17, par. 4657205 ILCS 620/5-10.5205 ILCS 620/6-5from Ch. 17, par. 1556-5205 ILCS 635/4-1from Ch. 17, par. 2324-1205 ILCS 635/4-1.5 new205 ILCS 650/2from Ch. 17, par. 2852205 ILCS 650/9 new Repeals the Illinois Savings and Loan Act of 1985. Amends the Savings Bank Act. Provides that any institution organized under the Illinois Savings and Loan Act of 1985 shall be deemed a savings bank under the Illinois Savings Bank Act. Creates a new Article concerning the effect of the repeal of the Illinois Savings and Loan Act of 1985. Makes changes in provisions concerning out-of-state savings banks; reorganization to become a holding company; contents of articles of incorporation; directors; conduct of directors and officers; access to books and records; communication with members and shareholders; investment in loans; loans to one borrower; Secretary's regulations; powers of the Secretary; regulatory fees; and disclosure of reports of examinations and confidential supervisory information. Repeals provisions concerning the impairment of capital. Amends the Illinois Banking Act. Provides a definition for "money borrowed" in a provision concerning basic loaning limits. Provides that the Secretary when appointed as a receiver or any person appointed as a receiver shall have all the powers, rights, and privileges as the Federal Deposit Insurance Corporation. Also makes changes in the Freedom of Information Act, the Division of Banking Act, the State Finance Act, the Pawnbroker Regulation Act, the Corporate Fiduciary Act, the Residential Mortgage License Act of 1987, and the Foreign Bank Representative Office Act. 2/8/2012HouseFiled with the Clerk by Rep. Linda Chapa LaVia 2/8/2012HouseFirst Reading 2/8/2012HouseReferred to Rules Committee 1/8/2013HouseSession Sine Die