Bill Status of HB5628  103rd General Assembly


Short Description:  MONEY TRANSMITTERS-EXCEPTION

House Sponsors
Rep. Jaime M. Andrade, Jr.

Last Action
DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
205 ILCS 657/15


Synopsis As Introduced
Amends the Transmitters of Money Act. Provides that currency exchanges licensed under the Currency Exchange Act are exempt from licensing for exchanging for compensation money of the United States Government or a foreign government to or from money of another government.

Actions 
DateChamber Action
  2/9/2024HouseFiled with the Clerk by Rep. Jaime M. Andrade, Jr.
  2/9/2024HouseFirst Reading
  2/9/2024HouseReferred to Rules Committee
  3/5/2024HouseAssigned to Financial Institutions and Licensing Committee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee