NAPERVILLE – State Senator Laura Ellman (D-Naperville) announced Tuesday she will serve as chair of the Senate Financial Institutions Committee during the 102nd General Assembly.

“It’s an honor to represent the residents of the 21st district as the new chair of the Senate Financial Institutions Committee,” Ellman said. “Our financial institutions play a massive role in our state and local economies.”

The Senate Financial Institutions Committee primarily deals with legislation and policy that will affect the state’s financial services sectors which includes industries such as banking, insurance and real estate.

Ellman will also serve as chair of the appropriations subcommittee, vice chair of the Energy and Public Utilities Committee, and as a member the Senate Transportation, Higher Education and Agriculture Committees.

As the new committee chair of the Financial Institutions Committee, Ellman intends to produce a more equitable, and accessible financial environment for Illinoisans across the state that will ensure every community prospers.