Date	Chamber	Action
1/13/2015	Senate	Session Sine Die

Statutes Amended In Order of Appearance

205 ILCS 657/90

720 ILCS 5/29B-1

from Ch. 38, par. 29B-1

720 ILCS 5/29B-2 new

720 ILCS 5/29B-3 new

725 ILCS 5/111-4

730 ILCS 5/5-5-3

from Ch. 38, par. 1005-5-3

Synopsis As Introduced
Amends the Transmitters of Money Act. Deletes provision that a person who engages in conduct requiring a license under the Act and fails to obtain a license from the Director is guilty of a Class 3 felony. Amends the Criminal Code of 2012. In the statute concerning money laundering, provides that the laundering of property of a value exceeding $1,000,000 is a Class X felony. Creates the offense of engaging in monetary transactions in criminally derived property and the offense of unlawful money transmitting business. Defines offenses and establishes penalties. Amends the Code of Criminal Procedure of 1963. Provides that 2 or more acts or transactions involving money laundering, engaging in monetary transactions in criminally derived property, unlawful money transmitting business, online sale of stolen property, online theft by deception, electronic fencing, or workers' compensation fraud, may be charged as a single offense in a single count of the same indictment, information, or complaint, if the acts or transactions by one or more defendants are in furtherance of a single intention and design or if the property, labor, or services obtained are of the same person or are of several persons having a common interest in the property, labor, or services. Amends the Unified Code of Corrections to make conforming changes.

Actions 

Date	Chamber	Action
2/15/2013	Senate	Filed with Secretary by Sen. Michael Connelly
2/15/2013	Senate	First Reading
2/15/2013	Senate	Referred to Assignments
2/27/2013	Senate	Assigned to Criminal Law
3/7/2013	Senate	To Subcommittee on CLEAR Compliance
3/20/2013	Senate	Postponed - Subcommittee on CLEAR Compliance
3/22/2013	Senate	Rule 3-9(a) / Re-referred to Assignments
1/13/2015	Senate	Session Sine Die

Back To Top