Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
6.2 KiB
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 | ||||
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| 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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enacted | 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.
Votes
- Third Reading — 56–0 (pass) · upper
- Third Reading — 107–8 (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).