IL HB5628 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

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.

Tracking Information

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Title

MONEY TRANSMITTERS-EXCEPTION

Sponsors


History

DateChamberAction
2024-04-05HouseRule 19(a) / Re-referred to Rules Committee
2024-03-05HouseAssigned to Financial Institutions and Licensing Committee
2024-02-09HouseReferred to Rules Committee
2024-02-09HouseFirst Reading
2024-02-09HouseFiled with the Clerk by Rep. Jaime M. Andrade, Jr.

Code Citations

ChapterArticleSectionCitation TypeStatute Text
20565715Amended CodeCitation Text

Illinois State Sources


Bill Comments

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