IL SB3115 | 2019-2020 | 101st General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Currency Exchange Act. Requires that an applicant for a license to operate a currency exchange must provide a statement that the business is in good standing with the State of Illinois and in compliance with the Department of Revenue. Repeals a provision that allows community currency exchanges and ambulatory currency exchanges to engage in distribution of Supplemental Nutrition Assistance Program (SNAP) benefits and a provision that prohibits community currency exchanges and ambulatory currency exchanges from issuing tokens to be used instead of money for the purchase of goods or services from any enterprise.

Tracking Information

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Title

CURRENCY EXCHANGE ACT-LICENSES

Sponsors


History

DateChamberAction
2021-01-13SenateSession Sine Die
2020-05-15SenateRule 2-10 Third Reading/Passage Deadline Established As May 31, 2020
2020-05-07SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
2020-04-30SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
2020-04-23SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
2020-04-12SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
2020-03-25SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
2020-02-27SenatePlaced on Calendar Order of 3rd Reading March 3, 2020
2020-02-27SenateSecond Reading
2020-02-25SenateAdded as Co-Sponsor Sen. Andy Manar
2020-02-19SenatePlaced on Calendar Order of 2nd Reading February 20, 2020
2020-02-19SenateDo Pass Financial Institutions; 009-000-000
2020-02-11SenateAssigned to Financial Institutions
2020-02-06SenateReferred to Assignments
2020-02-06SenateFirst Reading
2020-02-06SenateFiled with Secretary by Sen. Robert Peters

Code Citations

ChapterArticleSectionCitation TypeStatute Text
20540510Amended CodeCitation Text
2054053.2Repealed CodeCitation Text
2054059Repealed CodeCitation Text

Illinois State Sources


Bill Comments

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