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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB2037 Introduced 2/15/2019, by Sen. Steven M. Landek SYNOPSIS AS INTRODUCED:
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Amends the Illinois Notary Public Act. Provides that every company, corporation, association, organization, or person that remits notary public applications to the Secretary of State on behalf of applicants for appointment and commission as a notary public, for compensation or otherwise, shall comply with standards to qualify for licensure as a notary public remittance agent. Provides standards to qualify for licensure as a notary public remittance agent.
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| | A BILL FOR |
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| | SB2037 | | LRB101 05015 RJF 50024 b |
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| 1 | | AN ACT concerning government.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Notary Public Act is amended by |
| 5 | | adding Section 2-107 as follows:
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| 6 | | (5 ILCS 312/2-107 new) |
| 7 | | Sec. 2-107. Notary public remittance agent. |
| 8 | | (a) Every company, corporation, association, organization, |
| 9 | | or person that remits notary public applications to the |
| 10 | | Secretary of State on behalf of applicants for appointment and |
| 11 | | commission as a notary public, for compensation or otherwise, |
| 12 | | shall comply with standards to qualify for licensure as a |
| 13 | | notary public remittance agent. |
| 14 | | (b) The standards to qualify for licensure as a notary |
| 15 | | public remittance agent shall include, but not be limited to, |
| 16 | | the following: |
| 17 | | (1) the applicant has not been the subject of any |
| 18 | | administrative citation, criminal complaint, or civil |
| 19 | | action arising from his or her duties as a notary public |
| 20 | | remittance agent; |
| 21 | | (2) the agent holds a surety bond in the amount of |
| 22 | | $20,000 for the purposes of acting as a remittance agent; |
| 23 | | and |