Committees

• This committee is not currently sponsoring any legislation.

The Banking, Commerce and Insurance Committee is responsible for processing legislation involving the following subject areas:

• banks; banking practices; branch banking; auxiliary tellers; organizations
• Department of Banking and Finance; administration
• credit unions
• building and loan associations
• loans; interest; consumer credit; Installment Sales Act
• industrial loan and investment companies
• public funds; investment; deposit
• public bodies; authorities; issue bonds
• insurance companies; agents and brokers; guaranty associations
• Department of Insurance; administration
• insurance policies; coverage; types of insurance; actions; liability
• risk management
• Health Maintenance Organization Act
• Uniform Commercial code; trust administration; partnerships; corporations; business
• trusts; Securities Act; business entities
• real estate; Real Estate Commission; abstracters; deeds
• financial acts; Mortgage Finance Fund; economic development; NIFA; IFCA; IDCA;
• SBDA
• commercial development; trade; exports
• accountancy; warranties; franchises; itinerant merchants
• Research and Development Authority Act; venture capital

During session, the Banking, Commerce and Insurance Committee meets on Mondays and Tuesdays in Room 1507 on the 1st Floor of the Capitol.