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Bill > HB0751


IL HB0751

REGULATION-TECH


summary

Introduced
01/09/2025
In Committee
05/31/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Illinois Community Reinvestment Act. Makes a technical change in a Section concerning the short title.

AI Summary

This bill makes a technical amendment to the Illinois Community Reinvestment Act (CRA), which is a state law designed to encourage banks and financial institutions to meet the credit needs of all communities, including low- and moderate-income neighborhoods, in a responsible and consistent manner. However, the specific details of the amendment are not clear from the provided XML document, as the actual text of the changes is not fully visible. The government summary indicates it is a minor technical change to Section 35-1, which likely relates to the short title or a procedural aspect of the Act. Without more context, it appears to be a procedural update that does not substantially alter the core provisions or intent of the original Community Reinvestment Act.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Rule 19(a) / Re-referred to Rules Committee (on 05/31/2025)

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