IL SB3060 | 2017-2018 | 100th General Assembly


Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]


Amends the Illinois Credit Union Act, the Currency Exchange Act, the Transmitters of Money Act, the Sales Finance Agency Act, the Debt Management Service Act, the Title Insurance Act, the Debt Settlement Consumer Protection Act, the Payday Loan Reform Act, and the Consumer Installment Loan Act. Defines "email address of record". Eliminates references to "certified mail". Provides that a chartered institution, licensee, or applicant shall provide the Department of Financial and Professional Regulation with an accurate and up-to-date email address. Permits the Department to send official notices to the chartered institution, licensee, or applicant's email address of record. Provides that service to the email address of record is completed when sent. Provides that service by mail is completed when the notice is deposited in the U.S. Mail. Makes other changes. Effective immediately.

Tracking Information

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Roll Calls

2018-04-23 - Senate - Third Reading in Senate (Y: 46 N: 0 NV: 13 Abs: 0) [PASS]


2019-01-09SenateSession Sine Die
2018-12-21SenateChief Sponsor Changed to Sen. William E. Brady
2018-05-18HouseRule 19(a) / Re-referred to Rules Committee
2018-05-02HouseAssigned to Executive Committee
2018-04-24HouseReferred to Rules Committee
2018-04-24HouseFirst Reading
2018-04-24HouseChief House Sponsor Rep. C.D. Davidsmeyer
2018-04-24HouseArrived in House
2018-04-23SenateThird Reading - Passed; 046-000-000
2018-04-18SenatePlaced on Calendar Order of 3rd Reading April 19, 2018
2018-04-18SenateSecond Reading
2018-04-11SenatePlaced on Calendar Order of 2nd Reading April 12, 2018
2018-04-11SenateDo Pass as Amended Financial Institutions; 005-000-000
2018-04-11SenateSenate Committee Amendment No. 1 Adopted
2018-04-10SenateSenate Committee Amendment No. 1 Assignments Refers to Financial Institutions
2018-04-06SenateSenate Committee Amendment No. 1 Referred to Assignments
2018-04-06SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Michael Connelly
2018-02-21SenateAssigned to Financial Institutions
2018-02-15SenateReferred to Assignments
2018-02-15SenateFirst Reading
2018-02-15SenateFiled with Secretary by Sen. Michael Connelly

Code Citations

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Illinois State Sources

Bill Comments