· IL legislature · 104th

BANKS-OVERDRAFT FEE BAN

Amends the Illinois Banking Act, the Savings Bank Act, and the Illinois Credit Union Act. Directs the Secretary of Financial and Professional Regulation to adopt and enforce administrative rules that prohibit the imposition by a bank, savings bank, or credit union of charges in connection with (i) a check drawn or o…

Sponsor

Hoan Huynh (D-IL)

Introduced

2026-01-16

Policy area

Finance and Financial Sector

Latest action

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