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---
type: "Bill"
title: "SECURITIES REGISTERED INTERNET"
description: "Amends the Illinois Securities Law of 1953. Includes certain agents of title insurance companies and registered broker-dealers and registered investment advisors within the scope of the term \"qualified escrowee\". With respect to certain exempt transactions, removes a requirement that the dealer be organized under Illinois Law, authorizes the payment of finders fees, and make other changes. Permits an Internet Portal to accept equity as payment if specified conditions are met."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "100th"
identifier: "HB 3791"
citation: "Illinois HB 3791 (100th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 65
vote_count: 3
first_action: "2017-02-10"
last_action: "2017-09-15"
source: "openstates"
source_identifier: "ocd-bill/c146d1ba-4dc0-48eb-b7f4-abe15467cdf9"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3791&GAID=14&DocTypeID=HB&LegId=105767&SessionID=91&GA=100"
source_hash: "90f7ca7097a658234df08ef692312f4afb169d1f5aff3c2b4457eecae9112c83"
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 3791 (100th) — SECURITIES REGISTERED INTERNET
Amends the Illinois Securities Law of 1953. Includes certain agents of title insurance companies and registered broker-dealers and registered investment advisors within the scope of the term "qualified escrowee". With respect to certain exempt transactions, removes a requirement that the dealer be organized under Illinois Law, authorizes the payment of finders fees, and make other changes. Permits an Internet Portal to accept equity as payment if specified conditions are met.
## 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=10000HB3791&GA=100&SessionId=91&DocTypeId=HB&LegID=105767&DocNum=3791&GAID=14&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000HB3791eng&GA=100&SessionId=91&DocTypeId=HB&LegID=105767&DocNum=3791&GAID=14&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000HB3791enr&GA=100&SessionId=91&DocTypeId=HB&LegID=105767&DocNum=3791&GAID=14&Session=&print=true)
## Votes
- Concurrence, Amendment 2 — **1010** (pass) · lower
- Third Reading — **1030** (pass) · lower
- Third Reading — **530** (pass) · upper
## Sponsors
- Carol Sente — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-02-10** Filed with the Clerk by Rep. Carol Sente `filing`
- **2017-02-10** First Reading `reading-1`
- **2017-02-10** Referred to Rules Committee `referral-committee`
- **2017-03-01** Assigned to Executive Committee `referral-committee`
- **2017-03-07** Re-assigned to Business Growth & Incentives Committee `referral-committee`
- **2017-03-24** House Committee Amendment No. 1 Filed with Clerk by Rep. Carol Sente `amendment-introduction`
- **2017-03-24** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2017-03-27** House Committee Amendment No. 1 Rules Refers to Business Growth & Incentives Committee
- **2017-03-30** House Committee Amendment No. 1 Adopted in Business Growth & Incentives Committee; by Voice Vote `amendment-passage`
- **2017-03-30** Do Pass as Amended / Short Debate Business Growth & Incentives Committee; 004-000-000 `committee-passage`
- **2017-03-30** Placed on Calendar 2nd Reading - Short Debate
- **2017-03-30** Added Co-Sponsor Rep. Daniel V. Beiser
- **2017-03-30** Added Co-Sponsor Rep. Linda Chapa LaVia
- **2017-03-30** Added Co-Sponsor Rep. Robyn Gabel
- **2017-03-30** Added Co-Sponsor Rep. La Shawn K. Ford
- **2017-03-30** Added Co-Sponsor Rep. Natalie A. Manley
- **2017-03-30** Added Co-Sponsor Rep. Emanuel Chris Welch
- **2017-03-30** Added Chief Co-Sponsor Rep. David Harris
- **2017-03-30** Added Chief Co-Sponsor Rep. Barbara Wheeler
- **2017-03-30** Added Chief Co-Sponsor Rep. Elgie R. Sims, Jr.
- **2017-03-30** Added Chief Co-Sponsor Rep. Sheri Jesiel
- **2017-03-30** Added Co-Sponsor Rep. Anthony DeLuca
- **2017-03-30** Added Co-Sponsor Rep. Martin J. Moylan
- **2017-03-30** Added Co-Sponsor Rep. Jerry Costello, II
- **2017-03-30** Added Co-Sponsor Rep. Lawrence Walsh, Jr.
- **2017-03-30** Added Co-Sponsor Rep. Mark Batinick
- **2017-03-30** Added Co-Sponsor Rep. Nick Sauer
- **2017-03-30** Added Co-Sponsor Rep. Brian W. Stewart
- **2017-03-30** Added Co-Sponsor Rep. Brandon W. Phelps
- **2017-04-05** Second Reading - Short Debate `reading-2`
- **2017-04-05** Placed on Calendar Order of 3rd Reading - Short Debate
- **2017-04-07** Third Reading - Short Debate - Passed 103-000-000 `reading-3, passage`
- **2017-04-07** Added Co-Sponsor Rep. Patricia R. Bellock
- **2017-04-20** Arrive in Senate `introduction`
- **2017-04-20** Placed on Calendar Order of First Reading `reading-1`
- **2017-04-20** Chief Senate Sponsor Sen. Thomas Cullerton
- **2017-04-20** First Reading `reading-1`
- **2017-04-20** Referred to Assignments `referral-committee`
- **2017-05-02** Assigned to Financial Institutions `referral-committee`
- **2017-05-10** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Thomas Cullerton `amendment-introduction`
- **2017-05-10** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
- **2017-05-10** Do Pass Financial Institutions; 007-000-000 `committee-passage`
- **2017-05-10** Placed on Calendar Order of 2nd Reading May 11, 2017
- **2017-05-11** Senate Floor Amendment No. 2 Filed with Secretary by Sen. Thomas Cullerton `amendment-introduction`
- **2017-05-11** Senate Floor Amendment No. 2 Referred to Assignments `referral-committee`
- **2017-05-15** Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions
- **2017-05-17** Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 006-000-000
- **2017-05-19** Second Reading `reading-2`
- **2017-05-19** Senate Floor Amendment No. 2 Adopted; T. Cullerton `amendment-passage`
- **2017-05-19** Placed on Calendar Order of 3rd Reading May 22, 2017
- **2017-05-26** Third Reading - Passed; 053-000-001 `reading-3, passage`
- **2017-05-26** Senate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a) `amendment-failure`
- **2017-05-28** Arrived in House `introduction`
- **2017-05-28** Placed on Calendar Order of Concurrence Senate Amendment(s) 2
- **2017-05-28** Senate Floor Amendment No. 2 Motion Filed Concur Rep. Carol Sente
- **2017-05-28** Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee `referral-committee`
- **2017-05-29** Senate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
- **2017-06-25** Senate Floor Amendment No. 2 House Concurs 101-000-000
- **2017-06-25** House Concurs
- **2017-06-25** Passed Both Houses
- **2017-06-25** Added Co-Sponsor Rep. Camille Y. Lilly
- **2017-07-24** Sent to the Governor `executive-receipt`
- **2017-09-15** Governor Approved `executive-signature`
- **2017-09-15** Effective Date June 1, 2018
- **2017-09-15** Public Act . . . . . . . . . 100-0507 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c146d1ba-4dc0-48eb-b7f4-abe15467cdf9`. Confidence: reported (aggregated from official Illinois legislature records).