---
type: "Bill"
title: "FINANCIAL REGULATION-TECH"
description: "FINANCIAL REGULATION-TECH"
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "92nd"
identifier: "SB 119"
citation: "Illinois SB 119 (92nd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 80
vote_count: 0
first_action: "2001-02-01T00:00:00-06:00"
last_action: "2002-06-12T00:00:00-05:00"
source: "openstates"
source_identifier: "ocd-bill/0d82b51c-0fc2-442e-9f15-92b3ad9af601"
source_url: "http://www.ilga.gov/legislation/legisnet92/92gatoc.html"
source_hash: "768b009e3a3100b1ce80b6088e5b8d8feeb8d56951b1cb6629d4a7f2a1d0a73c"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois SB 119 (92nd) — FINANCIAL REGULATION-TECH

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **SB0119** (committee substitute) — [source](http://www.ilga.gov/legislation/legisnet92/sbgroups/sb/920SB0119LV.html)

## Sponsors

- GARRETT — cosponsor (person)
- MAY — cosponsor (person)
- O'MALLEY — cosponsor (person)
- RUTHERFORD — cosponsor (person)
- SCHOENBERG — cosponsor (person)
- WELCH — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2001-02-01T00:00:00-06:00** FIRST READING `reading-1`
- **2001-02-01T00:00:00-06:00** REFERRED TO SENATE RULES COMMITTEE RULES `referral-committee`
- **2001-02-21T00:00:00-06:00** ASSIGNED TO COMMITTEE FIN INST `referral-committee`
- **2001-03-01T00:00:00-06:00** POSTPONED
- **2001-03-08T00:00:00-06:00** AMENDMENT NO. 01-FINANC. INST. S
- **2001-03-08T00:00:00-06:00** ADOPTED `passage`
- **2001-03-08T00:00:00-06:00** DO PASS AS AMENDED 009-000-000 SFIC
- **2001-03-08T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 2ND READING 01-03-20
- **2001-03-08T00:00:00-06:00** ADDED AS A CHIEF CO-SPONSOR WELCH
- **2001-03-20T00:00:00-06:00** SECOND READING `reading-2`
- **2001-03-20T00:00:00-06:00** PLACED ON CALENDAR ORDER OF 3RD READING 01-03-21
- **2001-03-22T00:00:00-06:00** THIRD READING - PASSED 056-000-000 `reading-3`
- **2001-03-22T00:00:00-06:00** ARRIVE IN HOUSE
- **2001-03-22T00:00:00-06:00** PLACED CALENDAR ORDER OF FIRST READING
- **2001-03-23T00:00:00-06:00** HOUSE SPONSOR SCHOENBERG
- **2001-03-23T00:00:00-06:00** FIRST READING `reading-1`
- **2001-03-23T00:00:00-06:00** REFERRED TO HOUSE RULES COMMITTEE RULES `referral-committee`
- **2001-04-18T00:00:00-05:00** ASSIGNED TO COMMITTEE FIN INSTIT `referral-committee`
- **2001-04-25T00:00:00-05:00** DO PASS/SHORT DEBATE 014-000-000 HFIN
- **2001-04-25T00:00:00-05:00** PLACED CALENDAR 2ND READING-SHORT DEBATE
- **2001-04-25T00:00:00-05:00** ADDED AS A JOINT SPONSOR RUTHERFORD
- **2001-04-25T00:00:00-05:00** ADDED AS A JOINT SPONSOR GARRETT
- **2001-05-16T00:00:00-05:00** SECOND READING-SHORT DEBATE `reading-2`
- **2001-05-16T00:00:00-05:00** HELD ON CAL ORDER 2ND RDG - SHORT DEBATE
- **2001-05-18T00:00:00-05:00** 3RD RDG. DEADLINE EXTENDED-RULE 9(B)- MAY 25, 2001
- **2001-05-18T00:00:00-05:00** HELD ON CAL ORDER 2ND RDG - SHORT DEBATE
- **2001-05-25T00:00:00-05:00** 3RD RDG. DEADLINE EXTENDED-RULE 9(B)- MAY 31, 2001
- **2001-05-25T00:00:00-05:00** HELD ON CAL ORDER 2ND RDG - SHORT DEBATE
- **2001-05-31T00:00:00-05:00** RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL
- **2002-01-09T00:00:00-06:00** APPROVED FOR CONSIDERATION 004-000-000 HRUL
- **2002-01-09T00:00:00-06:00** AMENDMENT NO. 01-MADIGAN,MJ
- **2002-01-09T00:00:00-06:00** AMENDMENT REFERRED TO HRUL
- **2002-01-09T00:00:00-06:00** RULES REFERS TO HFIN
- **2002-01-09T00:00:00-06:00** HELD ON CAL ORDER 2ND RDG - SHORT DEBATE
- **2002-01-10T00:00:00-06:00** AMENDMENT NO. 01-MADIGAN,MJ
- **2002-01-10T00:00:00-06:00** RECOMMENDS BE ADOPTED HFIN/012-000-000
- **2002-01-10T00:00:00-06:00** ADDED AS A JOINT SPONSOR MAY
- **2002-01-10T00:00:00-06:00** AMENDMENT NO. 01-MADIGAN,MJ
- **2002-01-10T00:00:00-06:00** ADOPTED `passage`
- **2002-01-10T00:00:00-06:00** PLCD CAL ORDER 3RD READING-SHORT DEBATE
- **2002-01-10T00:00:00-06:00** THIRD READING/SHORT DEBATE/PASSED 113-000-002 `reading-3`
- **2002-01-29T00:00:00-06:00** SECRETARYS DESK - CONCURRENCE 01
- **2002-01-29T00:00:00-06:00** FILED WITH SECRETARY `introduction`
- **2002-01-29T00:00:00-06:00** MOTION NON-CONCUR - HOUSE AMENDMENT NO 01-O'MALLEY
- **2002-02-06T00:00:00-06:00** SEN NON-CONCURS IN HSE AMENDMENTS (NO.) 01
- **2002-02-06T00:00:00-06:00** ARRIVE IN HOUSE
- **2002-02-06T00:00:00-06:00** PLACED CALENDAR ORDER NON-CONCURRENCE 01
- **2002-02-13T00:00:00-06:00** MOTION REFUSE RECEDE - HSE AMEND NO 01/SCHOENBERG
- **2002-02-13T00:00:00-06:00** HSE REFUSES TO RECEDE FROM AMENDMENT NO 01
- **2002-02-13T00:00:00-06:00** HSE REQUESTS CONFERENCE COMMITTEE 1ST
- **2002-02-13T00:00:00-06:00** HSE CONFERENCE COMMITTEE APPOINTED 1ST/CURRIE,
- **2002-02-13T00:00:00-06:00** SCHOENBERG,
- **2002-02-13T00:00:00-06:00** GARRETT,
- **2002-02-13T00:00:00-06:00** TENHOUSE AND
- **2002-02-13T00:00:00-06:00** RUTHERFORD
- **2002-02-20T00:00:00-06:00** SEN ACCEDE REQUEST CONFERENCE COMMITTEE 1ST
- **2002-02-20T00:00:00-06:00** SEN CONFERENCE COMMITTEE APPOINTED 1ST/O'MALLEY,
- **2002-02-20T00:00:00-06:00** JONES,W, WALSH,T,
- **2002-02-20T00:00:00-06:00** LIGHTFORD & WELCH
- **2002-03-20T00:00:00-06:00** HSE CONFERENCE COMMITTEE REPORT SUBMITED 1ST/SCHOENBERG
- **2002-03-20T00:00:00-06:00** CONFERENCE COMMITTEE REPORT REFERRED TO HRUL
- **2002-03-20T00:00:00-06:00** CONFERENCE COMMITTEE REPORT 1ST
- **2002-03-21T00:00:00-06:00** FILED WITH SECRETARY `introduction`
- **2002-03-21T00:00:00-06:00** SEN CONFERENCE COMMITTEE REPORT SUBMITED 1ST/O'MALLEY
- **2002-03-21T00:00:00-06:00** CONFERENCE COMMITTEE REPORT REFERRED TO SRUL
- **2002-03-21T00:00:00-06:00** CONFERENCE COMMITTEE REPORT 1ST/02-03-21
- **2002-04-03T00:00:00-06:00** CONFERENCE COMMITTEE REPORT 1ST
- **2002-04-03T00:00:00-06:00** RECOMMENDS BE ADOPTED HRUL/004-000-000
- **2002-04-03T00:00:00-06:00** CONFERENCE COMMITTEE REPORT 1ST
- **2002-04-04T00:00:00-06:00** HOUSE ADOPTED CONFERENCE REPORT 1ST/115-000-002
- **2002-04-10T00:00:00-05:00** CONFERENCE COMMITTEE REPORT 1ST/O'MALLEY
- **2002-04-10T00:00:00-05:00** BE APPROVED FOR CONSIDERATION SRUL
- **2002-04-18T00:00:00-05:00** SEN CONFERENCE COMMITTEE REPORT SUBMITED 1ST/O'MALLEY
- **2002-04-18T00:00:00-05:00** SENATE ADOPTED CONFERENCE REPORT 1ST/058-000-000
- **2002-04-18T00:00:00-05:00** BOTH HOUSES ADOPTED CONFERENCE REPORT 1ST
- **2002-04-18T00:00:00-05:00** PASSED BOTH HOUSES
- **2002-05-17T00:00:00-05:00** SENT TO THE GOVERNOR `executive-receipt`
- **2002-06-12T00:00:00-05:00** GOVERNOR APPROVED `executive-signature`
- **2002-06-12T00:00:00-05:00** EFFECTIVE DATE 02-06-12
- **2002-06-12T00:00:00-05:00** PUBLIC ACT.............................. 92-0543

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0d82b51c-0fc2-442e-9f15-92b3ad9af601`. Confidence: reported (aggregated from official Illinois legislature records).