Date	Chamber	Action
1/9/2019	Senate	Session Sine Die

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
2/15/2018	Senate	Filed with Secretary by Sen. Chapin Rose
2/15/2018	Senate	First Reading
2/15/2018	Senate	Referred to Assignments
2/21/2018	Senate	Assigned to Licensed Activities and Pensions
3/1/2018	Senate	Do Pass Licensed Activities and Pensions; 010-000-000
3/1/2018	Senate	Placed on Calendar Order of 2nd Reading March 13, 2018
4/10/2018	Senate	Second Reading
4/10/2018	Senate	Placed on Calendar Order of 3rd Reading April 11, 2018
4/18/2018	Senate	Third Reading - Passed; 057-000-000
4/18/2018	House	Arrived in House
4/18/2018	House	Chief House Sponsor Rep. David S. Olsen
4/19/2018	House	First Reading
4/19/2018	House	Referred to Rules Committee
1/9/2019	Senate	Session Sine Die

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