Illinois 104th General Assembly Status: To Executive 1 D cosponsors

SB3113      — CREDIT UNIONS-VARIOUS

Last action — Public Act . . . . . . . . . 104-0567

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been sent to the executive. Introduced February 02, 2026. It awaits signature.

Next likely step: the executive signs it into law or issues a veto.

Prognosis

Likely to advance 66% · moderate confidence

Where this bill stands today.

Odds of enactment

Moderate

How often bills like it became law.

  • To Executive

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

  • Cleared a recorded vote

    Passed 8 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

The bill modifies regulations for credit unions in Illinois regarding operations and investments.

This bill updates the Illinois Credit Union Act by changing requirements for credit unions' registered agents, meeting minutes, and investment options. It also introduces new guidelines for credit unions involved in digital asset services and selling debt cancellation products.

What this means for you
  • Small Business: This means small businesses may find credit unions with more flexible operations and new investment options.

Summary

Amends the Illinois Credit Union Act. Provides that the business office for a credit union's registered agent may, but is not required to, be (instead of shall be) the same as the principal place of business of the credit union. In provisions concerning meetings of directors, sets forth provisions concerning the preparation and approval of meeting minutes. Adds provisions concerning disclosure and due diligence requirements for credit unions when providing digital asset services or contracting with a covered person or digital asset service provider and provisions concerning sales of debt cancellation services and products by a credit union to its members. In provisions concerning the investment of funds not used in loans, provides that the funds may be invested in commercial mortgage related securities and collateralized mortgage obligations to aid in the credit union's management of its assets, liabilities, and liquidity. Effective immediately.

Bill Text

We don't have the full text on file for this bill yet.

Read SB3113 on the official Illinois source →

Action History

  1. Public Act . . . . . . . . . 104-0567

  2. Effective Date January 1, 2027

  3. Governor Approved

  4. Sent to the Governor

  5. Passed Both Houses

  6. Senate Concurs

  7. House Floor Amendment No. 2 Senate Concurs 050-006-000

  8. House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Executive; 012-000-000

  9. House Floor Amendment No. 2 Motion to Concur Assignments Referred to Executive

  10. House Floor Amendment No. 2 Motion to Concur Referred to Assignments

  11. House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. David Koehler

  12. Placed on Calendar Order of Concurrence House Amendment(s) 2 - May 31, 2026

  13. Secretary's Desk - Concurrence House Amendment(s) 2

  14. House Floor Amendment No. 1 Tabled

  15. Third Reading - Short Debate - Passed 112-002-000

  16. Placed on Calendar Order of 3rd Reading - Short Debate

  17. House Floor Amendment No. 2 Adopted

  18. House Floor Amendment No. 2 Recommends Be Adopted Energy & Environment Committee; 023-002-000

  19. House Floor Amendment No. 2 Rules Refers to Energy & Environment Committee

  20. House Floor Amendment No. 2 Referred to Rules Committee

  21. House Floor Amendment No. 2 Filed with Clerk by Rep. Jay Hoffman

  22. House Floor Amendment No. 1 Rules Refers to Energy & Environment Committee

  23. House Floor Amendment No. 1 Referred to Rules Committee

  24. House Floor Amendment No. 1 Filed with Clerk by Rep. Jay Hoffman

  25. Third Reading/Final Action Deadline Extended-9(b) May 31, 2026

  26. Held on Calendar Order of Second Reading - Short Debate

  27. Second Reading - Short Debate

  28. Placed on Calendar 2nd Reading - Short Debate

  29. Do Pass / Short Debate Executive Committee; 008-003-000

  30. Chief House Sponsor Rep. Jay Hoffman

  31. Alternate Chief Sponsor Removed Rep. Ryan Spain

  32. Committee Deadline Extended-Rule 9(b) May 15, 2026

  33. Assigned to Executive Committee

  34. Referred to Rules Committee

  35. First Reading

  36. Chief House Sponsor Rep. Ryan Spain

  37. Arrived in House

  38. Third Reading - Passed; 055-000-000

  39. Placed on Calendar Order of 3rd Reading

  40. Senate Floor Amendment No. 2 Adopted; Koehler

  41. Recalled to Second Reading

  42. Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 006-000-000

  43. Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions

  44. Senate Floor Amendment No. 2 Referred to Assignments

  45. Senate Floor Amendment No. 2 Filed with Secretary by Sen. David Koehler

  46. Placed on Calendar Order of 3rd Reading March 25, 2026

  47. Second Reading

  48. Placed on Calendar Order of 2nd Reading March 12, 2026

  49. Do Pass as Amended Financial Institutions; 006-000-000

  50. Senate Committee Amendment No. 1 Adopted

  51. Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions

  52. Senate Committee Amendment No. 1 Referred to Assignments

  53. Senate Committee Amendment No. 1 Filed with Secretary by Sen. David Koehler

  54. Assigned to Financial Institutions

  55. Referred to Assignments

  56. First Reading

  57. Filed with Secretary by Sen. David Koehler

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 1 co-sponsors · 181 not signed on · 11 voted No

Sponsors (1)

Co-sponsors (1)

  • Jay Hoffman

Not signed on (181)

181 members have not signed on to this bill.

Show all 181 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Executive

Passed 12 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 4000
Democrat 7001
Unaffiliated 1000
Total 12001
% of votes cast 92%0%0%8%
How each member voted (13)
Member Party Vote
Harris III, Napoleon — Yea
Bill Cunningham Democrat Yea
Cristina Castro Democrat Yea
Don Harmon Democrat Yea
Kimberly A. Lightford Democrat Not Voting
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mattie Hunter Democrat Yea
Omar Aquino Democrat Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Neil Anderson Republican Yea
Sue Rezin Republican Yea

Official roll call →

Third Reading

Passed 112 Yea · 2 Nay
Party YeaNayPresentNot Voting
Democrat 68002
Republican 34202
Unaffiliated 9000
Total 111204
% of votes cast 95%2%0%3%
How each member voted (117)
Member Party Vote
Jacobs — Yea
Johnson — Yea
Jones — Yea
Du Buclet — Yea
Faver Dias — Yea
Hernandez, Lisa — Yea
Katz Muhl — Yea
La Ha — Yea
Yang Rohr — Yea
Aarón M. Ortíz Democrat Yea
Abdelnasser Rashid Democrat Yea
Amy Briel Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anne Stava Democrat Yea
Anthony DeLuca Democrat Yea
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Yea
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Yea
Debbie Meyers-Martin Democrat Yea
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Harry Benton Democrat Not Voting
Hoan Huynh Democrat Yea
Jaime M. Andrade, Jr. Democrat Yea
Jawaharial Williams Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Joyce Mason Democrat Not Voting
Justin Cochran Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
La Shawn K. Ford Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Lisa Davis Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret A. DeLaRosa Democrat Yea
Margaret Croke Democrat Yea
Martha Deuter Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Yea
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael Crawford Democrat Yea
Michael J. Kelly Democrat Yea
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Nicolle Grasse Democrat Yea
Norma Hernandez Democrat Yea
Rick Ryan Democrat Yea
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Yea
Suzanne M. Ness Democrat Yea
Theresa Mah Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Yea
Yolonda Morris Democrat Yea
Adam M. Niemerg Republican Yea
Amy Elik Republican Yea
Amy L. Grant Republican Yea
Blaine Wilhour Republican Yea
Brad Halbrook Republican Nay
Brad Stephens Republican Yea
Bradley Fritts Republican Yea
Brandun Schweizer Republican Yea
Charles Meier Republican Yea
Chris Miller Republican Nay
Christopher "C.D." Davidsmeyer Republican Yea
Dan Swanson Republican Yea
Daniel J. Ugaste Republican Yea
Dave Severin Republican Yea
David Friess Republican Yea
Dennis Tipsword Republican Yea
Jackie Haas Republican Yea
Jason R. Bunting Republican Yea
Jed Davis Republican Yea
Jeff Keicher Republican Yea
Jennifer Sanalitro Republican Yea
Joe C. Sosnowski Republican Yea
John M. Cabello Republican Yea
Kevin Schmidt Republican Yea
Kyle Moore Republican Yea
Martin McLaughlin Republican Not Voting
Michael J. Coffey, Jr. Republican Not Voting
Norine K. Hammond Republican Yea
Patrick Sheehan Republican Yea
Patrick Windhorst Republican Yea
Regan Deering Republican Yea
Ryan Spain Republican Yea
Steven Reick Republican Yea
Tom Weber Republican Yea
Tony M. McCombie Republican Yea
Travis Weaver Republican Yea
Wayne A. Rosenthal Republican Yea
William E Hauter Republican Yea

Official roll call →

Concurrence

Passed 50 Yea · 6 Nay
Party YeaNayPresentNot Voting
Republican 12601
Democrat 32002
Unaffiliated 5000
Total 49603
% of votes cast 84%10%0%5%
How each member voted (58)
Member Party Vote
Simmons — Yea
Harris, N. — Yea
Johnson — Yea
Glowiak Hilton — Yea
Loughran Cappel — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Emil Jones, III Democrat Yea
Graciela Guzmán Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Not Voting
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Yea
Michael E. Hastings Democrat Yea
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Yea
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Not Voting
Steve Stadelman Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Nay
Chapin Rose Republican Nay
Chris Balkema Republican Yea
Craig Wilcox Republican Yea
Dale Fowler Republican Not Voting
Darby A. Hills Republican Yea
Dave Syverson Republican Yea
Donald P. DeWitte Republican Yea
Erica Harriss Republican Yea
Jason Plummer Republican Nay
Jil Tracy Republican Yea
John F. Curran Republican Yea
Li Arellano, Jr. Republican Nay
Neil Anderson Republican Nay
Sally J. Turner Republican Yea
Seth Lewis Republican Yea
Steve McClure Republican Yea
Sue Rezin Republican Yea
Terri Bryant Republican Nay

Official roll call →

Energy & Environment

Passed 23 Yea · 2 Nay · 4 Other
Party YeaNayPresentNot Voting
Democrat 15003
Republican 7201
Unaffiliated 1000
Total 23204
% of votes cast 79%7%0%14%
How each member voted (29)
Member Party Vote
Williams, Jawaharial — Yea
Aarón M. Ortíz Democrat Yea
Amy Briel Democrat Yea
Anna Moeller Democrat Yea
Barbara Hernandez Democrat Yea
Carol Ammons Democrat Yea
Debbie Meyers-Martin Democrat Not Voting
Diane Blair-Sherlock Democrat Yea
Jay Hoffman Democrat Yea
Joyce Mason Democrat Yea
Kimberly Du Buclet Democrat Yea
Laura Faver Dias Democrat Not Voting
Lilian Jiménez Democrat Yea
Margaret A. DeLaRosa Democrat Yea
Margaret Croke Democrat Yea
Norma Hernandez Democrat Yea
Sonya M. Harper Democrat Yea
Suzanne M. Ness Democrat Yea
William "Will" Davis Democrat Not Voting
Adam M. Niemerg Republican Not Voting
Blaine Wilhour Republican Yea
Brad Halbrook Republican Nay
Bradley Fritts Republican Yea
Charles Meier Republican Yea
Chris Miller Republican Nay
Dave Severin Republican Yea
Jason R. Bunting Republican Yea
Jed Davis Republican Yea
Regan Deering Republican Yea

Official roll call →

Executive

Passed 8 Yea · 3 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 0301
Democrat 8000
Total 8301
% of votes cast 67%25%0%8%
How each member voted (12)
Member Party Vote
Ann M. Williams Democrat Yea
Camille Y. Lilly Democrat Yea
Curtis J. Tarver, II Democrat Yea
Elizabeth "Lisa" Hernandez Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Maurice A. West, II Democrat Yea
Nicholas K. Smith Democrat Yea
Robert "Bob" Rita Democrat Yea
Christopher "C.D." Davidsmeyer Republican Not Voting
John M. Cabello Republican Nay
Norine K. Hammond Republican Nay
Ryan Spain Republican Nay

Official roll call →

Third Reading

Passed 55 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 19000
Democrat 30004
Unaffiliated 5000
Total 54004
% of votes cast 93%0%0%7%
How each member voted (58)
Member Party Vote
Simmons — Yea
Harris, N. — Yea
Johnson — Yea
Glowiak Hilton — Yea
Loughran Cappel — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Not Voting
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Emil Jones, III Democrat Not Voting
Graciela Guzmán Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Yea
Michael E. Hastings Democrat Yea
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Not Voting
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Not Voting
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Yea
Chapin Rose Republican Yea
Chris Balkema Republican Yea
Craig Wilcox Republican Yea
Dale Fowler Republican Yea
Darby A. Hills Republican Yea
Dave Syverson Republican Yea
Donald P. DeWitte Republican Yea
Erica Harriss Republican Yea
Jason Plummer Republican Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Li Arellano, Jr. Republican Yea
Neil Anderson Republican Yea
Sally J. Turner Republican Yea
Seth Lewis Republican Yea
Steve McClure Republican Yea
Sue Rezin Republican Yea
Terri Bryant Republican Yea

Official roll call →

Financial Institutions

Passed 6 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Democrat 5001
Republican 1002
Total 6003
% of votes cast 67%0%0%33%
How each member voted (9)
Member Party Vote
Laura Ellman Democrat Yea
Mark L. Walker Democrat Yea
Rachel Ventura Democrat Not Voting
Robert F. Martwick Democrat Yea
Steve Stadelman Democrat Yea
Willie Preston Democrat Yea
Chapin Rose Republican Not Voting
Jason Plummer Republican Yea
Seth Lewis Republican Not Voting

Official roll call →

Financial Institutions

Passed 6 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Democrat 4002
Republican 2001
Total 6003
% of votes cast 67%0%0%33%
How each member voted (9)
Member Party Vote
Laura Ellman Democrat Yea
Mark L. Walker Democrat Yea
Rachel Ventura Democrat Yea
Robert F. Martwick Democrat Not Voting
Steve Stadelman Democrat Yea
Willie Preston Democrat Not Voting
Chapin Rose Republican Not Voting
Jason Plummer Republican Yea
Seth Lewis Republican Yea

Official roll call →

Subjects

finance technology
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Frequently asked questions

What does SB3113      do?
Amends the Illinois Credit Union Act. Provides that the business office for a credit union's registered agent may, but is not required to, be (instead of shall be) the same as the principal place of business of the credit union. In provisions concerning meetings of directors, sets forth provisions concerning the preparation and approval of meeting minutes. Adds provisions concerning disclosure and due diligence requirements for credit unions when providing digital asset services or contracting with a covered person or digital asset service provider and provisions concerning sales of debt cancellation services and products by a credit union to its members. In provisions concerning the investment of funds not used in loans, provides that the funds may be invested in commercial mortgage related securities and collateralized mortgage obligations to aid in the credit union's management of its assets, liabilities, and liquidity. Effective immediately.
Who sponsors SB3113     ?
SB3113      is sponsored by Jay Hoffman and David Koehler (Democrat).
What is the current status of SB3113     ?
This bill has been sent to the executive. Introduced February 02, 2026. It awaits signature.
Where can I track SB3113     ?
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