Date	Chamber	Action
7/27/2018	House	Public Act . . . . . . . . . 100-0640

Statutes Amended In Order of Appearance

205 ILCS 657/30

Synopsis As Introduced
Amends the Transmitters of Money Act. Provides that a money transmitter applicant or a money transmitter licensee shall post a bond in the amount of $50,000 or an amount equal to 1% of all Illinois-based activity, whichever is greater (rather than the greater of $100,000 or an amount equal to the daily average of outstanding payment instruments for the preceding 12 months or operational history). Effective immediately.

Actions 

Date	Chamber	Action
2/13/2018	House	Filed with the Clerk by Rep. David S. Olsen
2/14/2018	House	First Reading
2/14/2018	House	Referred to Rules Committee
2/26/2018	House	Assigned to Financial Institutions Committee
3/6/2018	House	Do Pass / Short Debate Financial Institutions Committee; 008-000-000
3/8/2018	House	Placed on Calendar 2nd Reading - Short Debate
4/10/2018	House	Second Reading - Short Debate
4/10/2018	House	Placed on Calendar Order of 3rd Reading - Short Debate
4/11/2018	House	Third Reading - Short Debate - Passed 113-000-000
4/12/2018	Senate	Arrive in Senate
4/12/2018	Senate	Placed on Calendar Order of First Reading
4/12/2018	Senate	Chief Senate Sponsor Sen. Chapin Rose
4/12/2018	Senate	First Reading
4/12/2018	Senate	Referred to Assignments
4/25/2018	Senate	Assigned to Financial Institutions
5/2/2018	Senate	Do Pass Financial Institutions; 006-000-000
5/2/2018	Senate	Placed on Calendar Order of 2nd Reading May 3, 2018
5/10/2018	Senate	Second Reading
5/10/2018	Senate	Placed on Calendar Order of 3rd Reading May 15, 2018
5/17/2018	Senate	Third Reading - Passed; 052-001-000
5/17/2018	House	Passed Both Houses
6/15/2018	House	Sent to the Governor
7/27/2018	House	Governor Approved
7/27/2018	House	Effective Date July 27, 2018
7/27/2018	House	Public Act . . . . . . . . . 100-0640

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