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<xml>
<title>Illinois General Assembly - Bill Status for SB 60     </title>
<shortdesc>CREDIT AGREEMENT-ACTIONS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Ira I. Silverstein</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 160/3 rep.</reference><aliasreference></aliasreference><SynopsisText>Amends the Credit Agreements Act. Repeals provisions stating that certain actions do not give rise to a claim, counter-claim, or defense by a debtor that a new credit agreement is created, unless the agreement is in writing, contains certain provisions, and is signed by the creditor and the debtor. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Ira I. Silverstein</action>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/27/2011</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>3/10/2011</statusdate><chamber>Senate</chamber><action>Held in Financial Institutions</action>
<statusdate>3/17/2011</statusdate><chamber>Senate</chamber><action>Postponed - Financial Institutions</action>
<statusdate>3/18/2011</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/8/2013</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

