Bill HB5476 Introduced to the Illinois General Assembly to Create a State Bank

On February 4, 2010, bill HB5476, which authorizes the creation of a state bank, the Community Bank of Illinois, was introduced to the Illinois General Assembly.

House Sponsors: Rep. Mary E. Flowers
Short Description: COMMUNITY BANK OF IL ACT

Creates the Community Bank of Illinois Act. Provides that the Department of Financial and Professional Regulation shall operate the Community Bank of Illinois.

Read more here and the text of the bill here.