Fabio
104 lines
5.4 KiB
Markdown
104 lines
5.4 KiB
Markdown
---
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type: "Bill"
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title: "CURRENCY EXCHANGE BLANKET BOND"
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description: "Amends the Currency Exchange Act. Provides that community currency exchanges may meet their bonding requirements by means of a blanket bond that covers currency exchanges that are members of a statewide association. Requires the bond to be in a principal amount of $2,000,000. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "93rd"
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identifier: "HB 2425"
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citation: "Illinois HB 2425 (93rd)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 41
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vote_count: 4
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first_action: "2003-02-20"
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last_action: "2003-12-03"
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source: "openstates"
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source_identifier: "ocd-bill/e5397a1c-2d11-4ddb-982b-719a853c5551"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2425&GAID=3&DocTypeID=HB&LegId=4149&SessionID=3&GA=93"
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source_hash: "ef9a044056cd38864a89dd1414dcf0fe98fb81efc39a50225d4467f055c2dd61"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 2425 (93rd) — CURRENCY EXCHANGE BLANKET BOND
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Amends the Currency Exchange Act. Provides that community currency exchanges may meet their bonding requirements by means of a blanket bond that covers currency exchanges that are members of a statewide association. Requires the bond to be in a principal amount of $2,000,000. Effective immediately.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300HB2425&GA=93&SessionId=3&DocTypeId=HB&LegID=4149&DocNum=2425&GAID=3&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300HB2425eng&GA=93&SessionId=3&DocTypeId=HB&LegID=4149&DocNum=2425&GAID=3&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300HB2425enr&GA=93&SessionId=3&DocTypeId=HB&LegID=4149&DocNum=2425&GAID=3&Session=&print=true)
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## Votes
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- Motion — **112–1** (fail) · lower
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- Third Reading — **116–0** (pass) · lower
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- Third Reading — **58–0** (pass) · upper
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- Motion — **58–0** (pass) · upper
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## Sponsors
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- Dan Rutherford — cosponsor (person)
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- Ralph C. Capparelli — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2003-02-20** Filed with the Clerk by Rep. Ralph C. Capparelli `filing`
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- **2003-02-20** Chief Co-Sponsor Rep. Joseph M. Lyons
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- **2003-02-20** Chief Co-Sponsor Rep. Richard T. Bradley
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- **2003-02-20** Chief Co-Sponsor Rep. Angelo Saviano
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- **2003-02-20** First Reading `reading-1`
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- **2003-02-20** Referred to Rules Committee `referral-committee`
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- **2003-02-26** Assigned to Executive Committee `referral-committee`
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- **2003-03-05** Re-assigned to Financial Institutions Committee `referral-committee`
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- **2003-03-13** Do Pass / Short Debate Financial Institutions Committee; 018-000-000 `committee-passage`
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- **2003-03-13** Placed on Calendar 2nd Reading - Short Debate
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- **2003-03-13** House Floor Amendment No. 1 Filed with Clerk by Rep. Ralph C. Capparelli `amendment-introduction`
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- **2003-03-13** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2003-03-18** Second Reading - Short Debate `reading-2`
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- **2003-03-18** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2003-03-26** Third Reading - Short Debate - Passed 116-000-000 `reading-3, passage`
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- **2003-03-27** Arrive in Senate `introduction`
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- **2003-03-27** Placed on Calendar Order of First Reading April 2, 2003 `reading-1`
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- **2003-03-27** Chief Senate Sponsor Sen. John J. Cullerton
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- **2003-04-02** First Reading `reading-1`
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- **2003-04-02** Referred to Rules `referral-committee`
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- **2003-04-16** Assigned to Financial Institutions `referral-committee`
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- **2003-04-30** Added as Alternate Co-Sponsor Sen. Dan Rutherford
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- **2003-05-01** Do Pass Financial Institutions; 009-000-000 `committee-passage`
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- **2003-05-01** Placed on Calendar Order of 2nd Reading May 6, 2003
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- **2003-05-06** Second Reading `reading-2`
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- **2003-05-06** Placed on Calendar Order of 3rd Reading May 7, 2003
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- **2003-05-15** Third Reading - Passed; 058-000-000 `reading-3, passage`
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- **2003-05-15** Passed Both Houses
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- **2003-06-13** Sent to the Governor `executive-receipt`
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- **2003-08-12** Governor Amendatory Veto `executive-veto`
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- **2003-10-23** Placed on Calendar Amendatory Veto November 4, 2003
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- **2003-10-30** Motion Filed Override Amendatory Veto Rep. Ralph C. Capparelli
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- **2003-11-04** 3/5 Vote Required
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- **2003-11-04** Override Amendatory Veto - House Passed 112-001-003
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- **2003-11-06** Placed on Calendar Amendatory Veto November 18, 2003
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- **2003-11-06** Motion Filed Override Amendatory Veto Sen. John J. Cullerton
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- **2003-11-18** 3/5 Vote Required
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- **2003-11-18** Override Amendatory Veto - Senate Passed 058-000-000
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- **2003-11-18** Amendatory Veto Overridden Both Houses
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- **2003-12-03** Effective Date November 18, 2003
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- **2003-12-03** Public Act . . . . . . . . . 93-0614 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e5397a1c-2d11-4ddb-982b-719a853c5551`. Confidence: reported (aggregated from official Illinois legislature records).
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