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IL HB3752

Bill

Official Source

Status

Introduced

2/25/2009

Primary Sponsor

Careen Gordon

Click for details

Origin

House of Representatives

96th General Assembly

AI Summary

  • Amends the Illinois Banking Act by adding Section 32.2
  • Prohibits banks chartered under the Illinois Banking Act that conduct business with the State from offering No Income No Asset Loans (NINA Loans)
  • Prohibits banks chartered under the Illinois Banking Act that conduct business with the State from offering No Income, No Job, and No Asset Loans (NINJA Loans)
  • Prohibition takes effect upon the effective date of the amendatory act

Legislative Description

BANK ACT-INFO-NO INCOME LOANS

Last Action

Rule 19(a) / Re-referred to Rules Committee

4/3/2009

Committee Referrals

Rules4/3/2009
Financial Institutions3/3/2009
Rules2/25/2009

Full Bill Text

No bill text available