summary
Introduced
02/19/2021
02/19/2021
In Committee
03/27/2021
03/27/2021
Crossed Over
Passed
Dead
04/08/2022
04/08/2022
Introduced Session
102nd General Assembly
Bill Summary
Amends the Illinois Banking Act and Savings Bank Act to provide that a bank or savings bank shall not charge overdraft fees on accounts during a public health emergency caused by the COVID-19 pandemic.
AI Summary
This bill amends the Illinois Banking Act and Savings Bank Act to prohibit banks and savings banks from charging overdraft fees on customer accounts during a public health emergency caused by the COVID-19 pandemic. The purpose of this bill is to provide relief to Illinois residents who may be facing financial hardship due to the economic impacts of the COVID-19 crisis.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Rule 19(a) / Re-referred to Rules Committee (on 03/27/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3668&GAID=16&DocTypeID=HB&SessionID=110&GA=102 |
| BillText | http://www.ilga.gov/legislation/102/HB/10200HB3668.htm |
| Bill | http://www.ilga.gov/legislation/102/HB/PDF/10200HB3668.pdf |
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