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Neutral Bill Mar 16, 2026

BANK COMMUNITY REINVESTMENT

Amends the Illinois Banking Act and the Savings Bank Act. Requires specified financial institutions to be insured by the Federal Deposit Insurance Corporation and agree to operate subject to 2 U.S.C. 2901 et seq. following a change in control, a purchase of substantially all assets, the assumption of substantially all liabilities of a State bank, or a merger.

https://legiscan.com/IL/bill/SB2346/2025
Bill data from LegiScan, used under CC BY 4.0.
Christopher Belt State Senator
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