Illinois General Assembly - Bill Status for SB3115
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 Bill Status of SB3115  102nd General Assembly


Short Description:  CURRENCY EXCHANGE ACT-LICENSES

Senate Sponsors
Sen. Robert Peters and Andy Manar

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 405/10from Ch. 17, par. 4817
205 ILCS 405/3.2 rep.
205 ILCS 405/9 rep.


Synopsis As Introduced
Amends the Currency Exchange Act. Requires that an applicant for a license to operate a currency exchange must provide a statement that the business is in good standing with the State of Illinois and in compliance with the Department of Revenue. Repeals a provision that allows community currency exchanges and ambulatory currency exchanges to engage in distribution of Supplemental Nutrition Assistance Program (SNAP) benefits and a provision that prohibits community currency exchanges and ambulatory currency exchanges from issuing tokens to be used instead of money for the purchase of goods or services from any enterprise.

Actions 
DateChamber Action
  2/6/2020SenateFiled with Secretary by Sen. Robert Peters
  2/6/2020SenateFirst Reading
  2/6/2020SenateReferred to Assignments
  2/11/2020SenateAssigned to Financial Institutions
  2/19/2020SenateDo Pass Financial Institutions; 009-000-000
  2/19/2020SenatePlaced on Calendar Order of 2nd Reading February 20, 2020
  2/25/2020SenateAdded as Co-Sponsor Sen. Andy Manar
  2/27/2020SenateSecond Reading
  2/27/2020SenatePlaced on Calendar Order of 3rd Reading March 3, 2020
  3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
  4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
  5/15/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 31, 2020
  1/13/2021SenateSession Sine Die

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