SB1301: FUNDS-COMMUNITY REINVESTMENT
Legislative Summary
Reinserts the provisions of the introduced bill with the following changes. Provides that State and public funds that have been deposited may not be withdrawn from a financial institution prior to the date of maturity solely on the basis of a less than satisfactory rating under the Illinois Community Reinvestment Act. Makes other changes. Effective January 1, 2026.
Demographic Impact
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Bill History
Amendments
Senate Amendment 001
Senate Amendment 001
Roll Call Votes
Status Information
Sponsors
Primary Sponsor
