Disclosure bill could slow Chicago area neighborhood decline
Illinois lawmakers press a proposed disclosure measure requiring semi annual reporting by all state financial institutions to foster community investment and curb urban decay. Critics fear misinterpretation, but supporters argue data will inform consumer choices and drive lending to declining areas while protecting competition. Citizens urged to contact reps to back the bill.
MENTIONED IN THIS ARTICLE
Illinois
Michael Holewinski
Robert K. Downs
Chicago
Oak Park
Elmwood Park
Dustry
Cook County
Federal Home Loan Bank of Chicago
FHLB
Illinois disclosure bill targets mortgage lending by area
The proposed Downs-Holewinski bill would require reporting of mortgage loans and deposits by zip code and census tract without exposing borrower or saver identities. Backers argue disclosures spur lender investment in distressed neighborhoods and improve public support for affirmative lending, with Gov. Walker and reps McPartlin and DiPrima backing it.
MENTIONED IN THIS ARTICLE
Illinois
Dan Walker
Robert McPartlin
Lawrence DiPrima
Open primary system in Illinois faces Senate bill 18
The Illinois open primary system allows voters to choose any party ballot regardless of past participation. Senate bill 18 proposes 60 day enrollment before primary filing, forcing voters to declare party affiliation months in advance. Enrollment would occur at county clerk offices or election boards, or at the polling place on general election day, risking long lines and reduced voter influence.
MENTIONED IN THIS ARTICLE
Illinois
IVI
Board of Election Commissioners
Ple
Where to Find Illinois Law in Forest Park
A guide to accessing state and village laws at Forest Park Library. It explains Illinois Revised Statutes and Municipal Code of Forest Park, the Open Meetings Act and building codes, plus where to seek interpretation from Eddie Masso and the state attorney’s office.
MENTIONED IN THIS ARTICLE
State of
Illinois
Park Board
Village of
Forest Park
Eddie Masso
WORLD prints letters and guest columns policy
The WORLD invites signed letters to the editor and prints guest columns for longer subjects. Letters may be edited for space and clarity. Send correspondence to 6905 W. North Ave Oak Park 60302. For guest columns contact editor Bonnie Gross at 524 0600.
MENTIONED IN THIS ARTICLE
North Ave
Oak Park
Bonnie Gross
Ffl
Also Mentioned on This Page
Philander Barclay
Barclay
Old Oak Park
You and
the Law
Steven
Olderr
Oak Park River Forest Forest Park
River Grove
Illinois Press Assn
Community Service
Bonnie, Gross
John J. Wilk
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