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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill SECURITIES ENFORCE FORFEIT Amends the Illinois Securities Law of 1953. Authorizes the Secretary of State to appoint special agents and investigators to conduct investigations. Grants to those agents police power with respect to the enforcement of the Illinois Securities Law of 1953 and any other law administered by the Illinois Securities Department. Provides that registration under the Securities Law may be denied or revoked if the registrant has engaged in any unethical practice in connection with any security rather than the offer or sale of securities. Provides for the seizure and forfeiture of assets obtained in violation of the Securities Law. Effective immediately. us/states/il Illinois General Assembly 93rd SB 1865 Illinois SB 1865 (93rd)
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3 42 2 2003-02-20 2003-08-21 openstates ocd-bill/84485530-e9f0-48cd-b537-3748e623d13f http://ilga.gov/legislation/BillStatus.asp?DocNum=1865&GAID=3&DocTypeID=SB&LegId=4971&SessionID=3&GA=93 f9a70e1028af78f20e998b4e72986f0a5951521fba4de2d87fb5ae81b0ee7fa1 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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Illinois SB 1865 (93rd) — SECURITIES ENFORCE FORFEIT

Amends the Illinois Securities Law of 1953. Authorizes the Secretary of State to appoint special agents and investigators to conduct investigations. Grants to those agents police power with respect to the enforcement of the Illinois Securities Law of 1953 and any other law administered by the Illinois Securities Department. Provides that registration under the Securities Law may be denied or revoked if the registrant has engaged in any unethical practice in connection with any security rather than the offer or sale of securities. Provides for the seizure and forfeiture of assets obtained in violation of the Securities Law. Effective immediately.

Version chain

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

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 560 (pass) · upper
  • Third Reading — 1078 (pass) · lower

Sponsors

  • Patrick Welch — primary (person)

Timeline

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

  • 2003-02-20 Filed with Secretary by Sen. Patrick Welch filing
  • 2003-02-20 Chief Co-Sponsor Sen. Susan Garrett
  • 2003-02-20 First Reading reading-1
  • 2003-02-20 Referred to Rules referral-committee
  • 2003-02-27 Assigned to Executive referral-committee
  • 2003-03-06 Do Pass Executive; 012-000-000 committee-passage
  • 2003-03-06 Placed on Calendar Order of 2nd Reading March 11, 2003
  • 2003-03-11 Senate Floor Amendment No. 1 Filed with Secretary by Sen. Patrick Welch amendment-introduction
  • 2003-03-11 Senate Floor Amendment No. 1 Referred to Rules referral-committee
  • 2003-03-11 Added as Co-Sponsor Sen. Barack Obama
  • 2003-03-18 Senate Floor Amendment No. 1 Rules Refers to Executive
  • 2003-03-18 Fiscal Note Requested by Sen. Peter J. Roskam
  • 2003-03-19 Senate Floor Amendment No. 1 Be Adopted Executive; 012-000-000 committee-passage-favorable
  • 2003-03-20 Fiscal Note Filed
  • 2003-03-21 Second Reading reading-2
  • 2003-03-21 Senate Floor Amendment No. 1 Adopted; Welch amendment-passage
  • 2003-03-21 Placed on Calendar Order of 3rd Reading March 24, 2003
  • 2003-04-04 Third Reading Deadline Extended - Rule 2-10(e) to April 9, 2003. reading-3
  • 2003-04-08 Added as Chief Co-Sponsor Sen. Barack Obama
  • 2003-04-08 Third Reading - Passed; 056-000-000 reading-3, passage
  • 2003-04-08 Arrived in House introduction
  • 2003-04-08 Placed on Calendar Order of First Reading reading-1
  • 2003-04-10 Chief House Sponsor Rep. Robert S. Molaro
  • 2003-04-10 First Reading reading-1
  • 2003-04-10 Referred to Rules Committee referral-committee
  • 2003-04-14 Assigned to State Government Administration Committee referral-committee
  • 2003-05-01 Motion Do Pass - Lost State Government Administration Committee; by Voice Vote committee-failure
  • 2003-05-01 Remains in State Government Administration Committee
  • 2003-05-02 Committee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003
  • 2003-05-28 Do Pass / Short Debate State Government Administration Committee; 009-001-000 committee-passage
  • 2003-05-28 Placed on Calendar 2nd Reading - Short Debate
  • 2003-05-28 Second Reading - Short Debate reading-2
  • 2003-05-28 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2003-05-28 Added Alternate Chief Co-Sponsor Rep. Eddie Washington
  • 2003-05-29 Second Reading - Short Debate reading-2
  • 2003-05-29 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2003-05-30 Third Reading - Short Debate - Passed 107-008-000 reading-3, passage
  • 2003-05-30 Passed Both Houses
  • 2003-06-27 Sent to the Governor executive-receipt
  • 2003-08-21 Governor Approved executive-signature
  • 2003-08-21 Effective Date August 21, 2003
  • 2003-08-21 Public Act . . . . . . . . . 93-0580 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/84485530-e9f0-48cd-b537-3748e623d13f. Confidence: reported (aggregated from official Illinois legislature records).