---
type: "Bill"
title: "FINANCIAL INST CURRENCY EXCH"
description: "Amends the Financial Institutions Code. Creates a Supervisor of Consumer Credit and a Supervisor of Title Insurance. Removes the Supervisor of Consumer Finance Business and the Supervisor of Sales Finance Agencies. Amends the Currency Exchange Act. Removes language requiring a licensee to file an annual report, annual bonds, and insurance policies at the same time the licensee pays his or her annual license fees. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "99th"
identifier: "HB 4614"
citation: "Illinois HB 4614 (99th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 32
vote_count: 2
first_action: "2016-01-29"
last_action: "2016-07-15"
source: "openstates"
source_identifier: "ocd-bill/4f69ad38-a088-4c33-8262-8681079fcd98"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=4614&GAID=13&DocTypeID=HB&LegId=93805&SessionID=88&GA=99"
source_hash: "def3f73faaa22a565361a6631d17df91dae1941967096c9c03831d8469e967aa"
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 HB 4614 (99th) — FINANCIAL INST CURRENCY EXCH

Amends the Financial Institutions Code. Creates a Supervisor of Consumer Credit and a Supervisor of Title Insurance. Removes the Supervisor of Consumer Finance Business and the Supervisor of Sales Finance Agencies. Amends the Currency Exchange Act. Removes language requiring a licensee to file an annual report, annual bonds, and insurance policies at the same time the licensee pays his or her annual license fees. Effective immediately.

## Version chain

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

1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB4614&GA=99&SessionId=88&DocTypeId=HB&LegID=93805&DocNum=4614&GAID=13&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB4614eng&GA=99&SessionId=88&DocTypeId=HB&LegID=93805&DocNum=4614&GAID=13&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09900HB4614enr&GA=99&SessionId=88&DocTypeId=HB&LegID=93805&DocNum=4614&GAID=13&Session=&print=true)

## Votes

- Third Reading — **55–0** (pass) · upper
- Third Reading — **113–0** (pass) · lower

## Sponsors

- Adam Brown — primary (person)

## Timeline

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

- **2016-01-29** Filed with the Clerk by Rep. Adam Brown `filing`
- **2016-02-01** First Reading `reading-1`
- **2016-02-01** Referred to Rules Committee `referral-committee`
- **2016-02-16** Assigned to Financial Institutions Committee `referral-committee`
- **2016-02-24** House Committee Amendment No. 1 Filed with Clerk by Rep. Adam Brown `amendment-introduction`
- **2016-02-24** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2016-03-01** Do Pass / Short Debate Financial Institutions Committee; 019-000-000 `committee-passage`
- **2016-03-01** House Committee Amendment No. 1 Tabled Pursuant to Rule 40 `amendment-failure`
- **2016-03-02** Placed on Calendar 2nd Reading - Short Debate
- **2016-03-03** House Floor Amendment No. 2 Filed with Clerk by Rep. Adam Brown `amendment-introduction`
- **2016-03-03** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
- **2016-03-28** House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000 `committee-passage-favorable`
- **2016-04-12** Second Reading - Short Debate `reading-2`
- **2016-04-12** House Floor Amendment No. 2 Adopted `amendment-passage`
- **2016-04-12** Placed on Calendar Order of 3rd Reading - Short Debate
- **2016-04-13** Third Reading - Short Debate - Passed 113-000-000 `reading-3, passage`
- **2016-04-14** Arrive in Senate `introduction`
- **2016-04-14** Placed on Calendar Order of First Reading `reading-1`
- **2016-04-14** Chief Senate Sponsor Sen. Michael Connelly
- **2016-04-14** First Reading `reading-1`
- **2016-04-14** Referred to Assignments `referral-committee`
- **2016-04-27** Assigned to Financial Institutions `referral-committee`
- **2016-05-05** Do Pass Financial Institutions; 006-000-000 `committee-passage`
- **2016-05-05** Placed on Calendar Order of 2nd Reading May 10, 2016
- **2016-05-10** Second Reading `reading-2`
- **2016-05-10** Placed on Calendar Order of 3rd Reading May 11, 2016
- **2016-05-24** Third Reading - Passed; 055-000-000 `reading-3, passage`
- **2016-05-24** Passed Both Houses
- **2016-06-22** Sent to the Governor `executive-receipt`
- **2016-07-15** Governor Approved `executive-signature`
- **2016-07-15** Effective Date July 15, 2016
- **2016-07-15** Public Act . . . . . . . . . 99-0549 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4f69ad38-a088-4c33-8262-8681079fcd98`. Confidence: reported (aggregated from official Illinois legislature records).