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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 CURRENCY EXCHANGE-BOND REQMNT Amends the Currency Exchange Act. Provides that a community currency exchange licensed under the Currency Exchange Act may meet the bonding requirements of the Act by submitting evidence satisfactory to the Secretary of Financial and Professional Regulation that the licensee is covered by a blanket bond that covers multiple licensees. Requires the blanket bond to: (i) insure the licensee against loss by theft, robbery, or forgery; (ii) be issued by a bonding company authorized to do business in this State; and (iii) be in the principal sum of an amount equal to the maximum amount required for any one licensee covered by the bond. us/states/il Illinois General Assembly 94th SB 1629 Illinois SB 1629 (94th)
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3 26 2 2005-02-23 2005-08-10 openstates ocd-bill/c7ff31b1-e3d1-4c4d-a7b7-919205c4010d http://ilga.gov/legislation/BillStatus.asp?DocNum=1629&GAID=8&DocTypeID=SB&LegId=19694&SessionID=50&GA=94 97dfe863123ab52a3145c35c2033fc3f36e608ab6d319c979e4f76e667ab9a4e 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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Illinois SB 1629 (94th) — CURRENCY EXCHANGE-BOND REQMNT

Amends the Currency Exchange Act. Provides that a community currency exchange licensed under the Currency Exchange Act may meet the bonding requirements of the Act by submitting evidence satisfactory to the Secretary of Financial and Professional Regulation that the licensee is covered by a blanket bond that covers multiple licensees. Requires the blanket bond to: (i) insure the licensee against loss by theft, robbery, or forgery; (ii) be issued by a bonding company authorized to do business in this State; and (iii) be in the principal sum of an amount equal to the maximum amount required for any one licensee covered by the bond.

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 — 1130 (pass) · lower
  • Third Reading — 570 (pass) · upper

Sponsors

  • Dave Sullivan — primary (person)

Timeline

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

  • 2005-02-23 Filed with Secretary by Sen. Dave Sullivan filing
  • 2005-02-23 First Reading reading-1
  • 2005-02-23 Referred to Rules referral-committee
  • 2005-03-09 Assigned to Financial Institutions referral-committee
  • 2005-03-17 Do Pass Financial Institutions; 008-000-000 committee-passage
  • 2005-03-17 Placed on Calendar Order of 2nd Reading April 6, 2005
  • 2005-04-07 Second Reading reading-2
  • 2005-04-07 Placed on Calendar Order of 3rd Reading April 8, 2005
  • 2005-04-08 Third Reading - Passed; 057-000-000 reading-3, passage
  • 2005-04-08 Arrived in House introduction
  • 2005-04-08 Placed on Calendar Order of First Reading reading-1
  • 2005-04-08 Chief House Sponsor Rep. Joseph M. Lyons
  • 2005-04-08 First Reading reading-1
  • 2005-04-08 Referred to Rules Committee referral-committee
  • 2005-04-20 Assigned to Executive Committee referral-committee
  • 2005-05-03 Re-assigned to Financial Institutions Committee referral-committee
  • 2005-05-10 Do Pass / Short Debate Financial Institutions Committee; 023-000-000 committee-passage
  • 2005-05-11 Placed on Calendar 2nd Reading - Short Debate
  • 2005-05-19 Second Reading - Short Debate reading-2
  • 2005-05-19 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2005-05-20 Third Reading - Short Debate - Passed 113-000-000 reading-3, passage
  • 2005-05-20 Passed Both Houses
  • 2005-06-17 Sent to the Governor executive-receipt
  • 2005-08-10 Governor Approved executive-signature
  • 2005-08-10 Effective Date January 1, 2006
  • 2005-08-10 Public Act . . . . . . . . . 94-0538 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c7ff31b1-e3d1-4c4d-a7b7-919205c4010d. Confidence: reported (aggregated from official Illinois legislature records).