Bill Title: Amends the Currency Exchange Act. Provides that, upon receipt of an application by a currency exchange to provide additional services to the public, the Secretary of Financial and Professional Regulation shall approve or deny the application within 45 days after the filing of a complete application. Provides that, if the application is denied, the applicant may, within 10 days after the date of the notice of denial, request a hearing. Provides that a public hearing must be held before the Secretary may revoke any authorization for a currency exchange to provide additional services to the public.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Passed) 2012-08-27 - Public Act . . . . . . . . . 97-1111 [HB5033 Detail]

Text: Latest bill text (Chaptered) [HTML]

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