Bill Sponsors: IL SB3566 | 2013-2014 | 98th General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Failed) 2015-01-13 - Session Sine Die [SB3566 Detail]

Text: Latest bill text (Amended) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Don Harmon [D]PrimarySponsored BillsSD-039FollowTheMoneyBallotpediaVoteSmart
Senator Terry Link [D]CosponsorSponsored BillsSD-030FollowTheMoneyBallotpediaVoteSmart
Senator Antonio Munoz [D]CosponsorSponsored BillsSD-001FollowTheMoneyBallotpediaVoteSmart
Senator Patricia Van Pelt [D]CosponsorSponsored BillsSD-005FollowTheMoneyBallotpediaVoteSmart
Senator Napoleon Harris [D]CosponsorSponsored BillsSD-015FollowTheMoneyBallotpediaVoteSmart
Senator Michael Hastings [D]CosponsorSponsored BillsSD-019FollowTheMoneyBallotpediaVoteSmart
Senator Toi Hutchinson [D]CosponsorSponsored BillsSD-040FollowTheMoneyBallotpediaVoteSmart
Senator Martin Sandoval [D]CosponsorSponsored BillsSD-011FollowTheMoneyBallotpediaVoteSmart

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