Bill Title: Amends the Currency Exchange Act. Provides that within one year (rather than 3 years) after the Secretary of Financial and Professional Regulation's first published notice in a local newspaper regarding a community currency exchange filing for termination, the owners of the debts, liabilities, and lawful demands against such community currency exchange will be redeemed by the Secretary on demand in writing. Provides that after the expiration of the one-year period (rather than 3-year period), the Secretary shall return to the person or persons designated in the statement of termination to receive repayment. Effective immediately.

Spectrum: Slight Partisan Bill (Republican 3-1)

Status: (Passed) 2018-08-19 - Public Act . . . . . . . . . 100-0958 [HB5141 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2018-08-20	HTML/Text	Link	View
Enrolled	2018-06-08	HTML/Text	Link	View
Engrossed	2018-04-13	HTML/Text	Link	View
Introduced	2018-02-15	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
Senate Amendment 001	2018-05-18	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB5141 currently on file.

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