Senate Bill No. 323

Public Act No. 00-40

An Act Concerning An Annual Update On The Bank Powers Act.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

(NEW) The Commissioner of Banking shall submit an annual report to the joint standing committee of the General Assembly having cognizance of matters relating to banks no later than January first. The report shall summarize the commissioner's actions taken pursuant to section 4, 6 or 8 of public act 99-158.

Approved May 3, 2000