Illinois HB 4430: INC TX-SMALL BUSINESS CREDIT
Status: Added Co-Sponsor Rep. Mary Beth Canty (as of 2024-10-09)
State: Illinois · Session: 103rd · Bill: HB 4430
Sponsors: Debbie Meyers-Martin, Ann M. Williams, Jennifer Sanalitro, Lilian Jiménez, Lindsey LaPointe, Martin McLaughlin, Mary Beth Canty, Nabeela Syed
Bill Text
• Illinois General Assembly - Full Text of HB4430 • • • • • • • • • • • • Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. Choose Language English Afrikaans Albanian Arabic Armenian Azerbaijani Basque Bengali Bosnian Catalan Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish French Galician Georgian German Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Hungarian Icelandic Indonesian Interlingua Interlingue Inuktitut Irish Italian Japanese Javanese Kannada Khmer Korean Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malayalam Maltese Maori Marathi Myanmar Nepali Norwegian Odia Pashto Punjabi Romanian Russian Samoan Sango Sanskrit Sardinian Sindhi Sinhala Slovak Slovenian Somali Southern Sotho Spanish Sundanese Swahili Swedish Tamil Telugu Thai Tigrinya Tonga Turkish Ukrainian Urdu Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Powered by Translate Close Illinois General Assembly Top Navigation Bar Translate Learn Select General Assembly Search the 104th General Assembly Enter search terms for legislation, members, committees, or schedules. ILGA.GOV • • LEGISLATION & LAWS • Bills & Resolutions • Public Acts • Illinois Compiled Statutes • Illinois Constitution • Search Legislation • Glossary • Guide • Reports & Inquiry • Legislative Reports • Special Reports • FTP Site • Legislator Lookup • Capitol Complex Phone Numbers • Rules & Regulations • Illinois Register • Administrative Rules • Senate • Members • Schedules • Committees • Request for Remote Testimony • Journals • Transcripts • Rules • Audio/Video • FOIA Information • Senate Employment Opportunities • Media Guidelines • House • Members • Schedules • Committees • Submit testimony for House Committees • Journals • Transcripts • Rules • Audio/Video • FOIA Information • House Employment Opportunities • Log In Mobile Top Bar Search the 104th General Assembly Enter keywords to search the Illinois General Assembly website. Full Text of HB4430 • Home • Legislation • Full Text HB4430 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB4430 Introduced 1/20/2026, by Rep. Anne Stava SYNOPSIS AS INTRODUCED: 205 ILCS 5/48.7 new 215 ILCS 5/1515 Amends the Illinois Banking Act. Requires a bank to confirm the identification of a payee and verify endorsements are proper before processing a check for which the name of a borrower or other payee is relied upon for payment, credit, or loan disbursement. Provides that a bank may satisfy the verification requirements through the specified commercially reasonable means of identification. Exempts checks processed solely through automated check clearing processes without manual review, that are authorized by federal law. Amends the Public Adjusters Article of the Illinois Insurance Code. Establishes proof of licensure requirements for licensed public adjusters. LRB104 16903 BAB 30314 b A BILL FOR HB4430LRB104 16903 BAB 30314 b 1 AN ACT concerning regulation. 2 Be it enacted by the People of the State of Illinois, 3represented in the General Assembly: 4 Section 5. The Illinois Banking Act is amended by adding 5Section 48.7 as follows: 6 (205 ILCS 5/48.7 new) 7 Sec. 48.7. Verification of payee and check endorsement. 8 (a) Before processing a check for which the name of a 9borrower or other payee is relied upon for payment, credit, or 10loan disbursement, a bank shall: 11 (1) confirm that the named payee on the check matches 12 the person or entity presenting or authorizing the check; 13 and 14 (2) verify that all endorsements are properly 15 authorized and consistent with the payee identified on the 16 face of the check. 17 (b) A bank may satisfy the requirements of subsection (a) 18through commercially reasonable means of identification
View Illinois HB 4430 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.