Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
5.0 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 | 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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enacted | 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.
Votes
- Third Reading — 113–0 (pass) · lower
- Third Reading — 57–0 (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).