IL SB3566 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 8-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Amended) [HTML]

Summary

Amends the Currency Exchange Act. Provides that a currency exchange is not prohibited from accepting any check without regard to the date imprinted on the check, as long as the check is immediately cashed, deposited, and processed in the ordinary course of business. Further provides that a community or ambulatory currency exchange is permitted to place self-service automated terminals on its premises, engage in and charge a fee for the transmission of information upon the request of a consumer, advertise and distribute materials concerning legal services and products on its premises, and provide access to third-party travel reservation and ticketing services. Makes changes to provisions concerning community currency exchanges and the Secretary of Financial and Professional Regulation's authority to fine a licensee or suspend or revoke licenses under the Act. Makes other changes.

Tracking Information

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Title

REGULATION-TECH

Sponsors


History

DateChamberAction
2015-01-13SenateSession Sine Die
2014-07-01SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
2014-05-16SenateAdded as Co-Sponsor Sen. Martin A. Sandoval
2014-05-07SenateAdded as Co-Sponsor Sen. Toi W. Hutchinson
2014-05-02SenateAdded as Co-Sponsor Sen. Michael E. Hastings
2014-05-01SenateAdded as Chief Co-Sponsor Sen. Patricia Van Pelt
2014-04-11SenateRule 2-10 Third Reading Deadline Established As May 1, 2014
2014-04-10SenateAdded as Chief Co-Sponsor Sen. Antonio Muñoz
2014-04-08SenatePlaced on Calendar Order of 3rd Reading April 9, 2014
2014-04-08SenateSecond Reading
2014-04-01SenateAdded as Co-Sponsor Sen. Napoleon Harris, III
2014-03-27SenateAdded as Chief Co-Sponsor Sen. Terry Link
2014-03-26SenatePlaced on Calendar Order of 2nd Reading March 27, 2014
2014-03-26SenateDo Pass as Amended Financial Institutions; 008-000-000
2014-03-26SenateSenate Committee Amendment No. 1 Adopted
2014-03-25SenateSenate Committee Amendment No. 1 Assignments Refers to Financial Institutions
2014-03-25SenateSenate Committee Amendment No. 1 Referred to Assignments
2014-03-25SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
2014-03-05SenateAssigned to Financial Institutions
2014-02-14SenateReferred to Assignments
2014-02-14SenateFirst Reading
2014-02-14SenateFiled with Secretary by Sen. Don Harmon

Code Citations

ChapterArticleSectionCitation TypeStatute Text
20540510Amended CodeCitation Text
20540511Amended CodeCitation Text
20540515Amended CodeCitation Text
20540518Amended CodeCitation Text
2054053Amended CodeCitation Text
2054053.3Amended CodeCitation Text
2054054.1Amended CodeCitation Text
2054055Amended CodeCitation Text
2054058Amended CodeCitation Text
2054059Amended CodeCitation Text

Illinois State Sources


Bill Comments

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