Fabio
157 lines
11 KiB
Markdown
157 lines
11 KiB
Markdown
---
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type: "Bill"
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title: "VIRTUAL CURRENCY CONSUM PROT"
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description: "Creates the Virtual Currency Kiosk Consumer Protection Act. Provides that specified information reported to the Department of Financial and Professional Regulation by virtual currency kiosk shall be confidential, except as otherwise provided in the Act. Establishes warning and general terms and conditions disclosure requirements for a virtual currency kiosk operator opening an account for a new customer and prior to entering into an initial transaction for, on behalf of, or with the customer. Requires a receipt to be provided to each customer following a transaction. Requires all virtual currency kiosk operators to have live customer service, as specified; create anti-fraud, enhanced due diligence, and federal and State law compliance policies; designate a compliance officer and a consumer protection officer; and use blockchain analytics software to assist in the prevention of sending purchased virtual currency from a virtual currency kiosk operator to a digital wallet known to be affiliated with fraudulent activity at the time of a transaction; and report the location of each virtual currency kiosk located within this State within 45 days after the end of the calendar quarter. Requires a virtual currency kiosk operator to receive a money transmitter license. Sets forth supervision duties for the Department and the Secretary of Financial and Professional Regulation."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "104th"
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identifier: "SB 2319"
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citation: "Illinois SB 2319 (104th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Curtis J. Tarver, II", "Laura Ellman"]
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version_count: 7
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action_count: 74
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vote_count: 9
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first_action: "2025-02-07"
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last_action: "2025-08-18"
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source: "openstates"
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source_identifier: "ocd-bill/6846ad50-e464-4e18-b767-5730f9a454c2"
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source_url: "https://ilga.gov/Legislation/BillStatus?DocNum=2319&GAID=18&DocTypeID=SB&LegId=162168&SessionID=114"
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source_hash: "084edce116da8bfafd386a63e6f6925022fd2192a233c7c77841085df6aa21f1"
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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 SB 2319 (104th) — VIRTUAL CURRENCY CONSUM PROT
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Creates the Virtual Currency Kiosk Consumer Protection Act. Provides that specified information reported to the Department of Financial and Professional Regulation by virtual currency kiosk shall be confidential, except as otherwise provided in the Act. Establishes warning and general terms and conditions disclosure requirements for a virtual currency kiosk operator opening an account for a new customer and prior to entering into an initial transaction for, on behalf of, or with the customer. Requires a receipt to be provided to each customer following a transaction. Requires all virtual currency kiosk operators to have live customer service, as specified; create anti-fraud, enhanced due diligence, and federal and State law compliance policies; designate a compliance officer and a consumer protection officer; and use blockchain analytics software to assist in the prevention of sending purchased virtual currency from a virtual currency kiosk operator to a digital wallet known to be affiliated with fraudulent activity at the time of a transaction; and report the location of each virtual currency kiosk located within this State within 45 days after the end of the calendar quarter. Requires a virtual currency kiosk operator to receive a money transmitter license. Sets forth supervision duties for the Department and the Secretary of Financial and Professional Regulation.
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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](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB2319.pdf)
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2. **Engrossed** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB2319eng.pdf)
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3. **House Amendment 001** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB2319ham001.pdf)
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4. **Senate Amendment 001** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB2319sam001.pdf)
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5. **Senate Amendment 002** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB2319sam002.pdf)
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6. **Senate Amendment 003** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB2319sam003.pdf)
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7. **Enrolled** (enrolled) — [source](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB2319enr.pdf)
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## Votes
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- Financial Institutions & Licensing, Amendment 1 — **8–4** (pass) · lower
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- Executive, Amendment 3 — **9–4** (pass) · upper
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- Executive — **12–1** (pass) · upper
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- Third Reading — **39–19** (pass) · upper
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- Concurrence, Amendment 1 — **39–18** (pass) · upper
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- Third Reading — **81–36** (pass) · lower
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- Financial Institutions & Licensing — **8–4** (pass) · lower
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- Executive, Amendment 1 — **8–3** (pass) · upper
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- Executive, Amendment 1 — **9–4** (pass) · upper
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## Sponsors
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- Curtis J. Tarver, II — primary (person)
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- Laura Ellman — primary (person)
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- Christopher Belt — cosponsor (person)
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- Doris Turner — cosponsor (person)
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- Graciela Guzmán — cosponsor (person)
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- Karina Villa — cosponsor (person)
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- Laura M. Murphy — cosponsor (person)
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- Mark L. Walker — cosponsor (person)
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- Mary Edly-Allen — cosponsor (person)
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- Mattie Hunter — cosponsor (person)
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- Mike Porfirio — cosponsor (person)
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- Natalie A. Manley — cosponsor (person)
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- Sara Feigenholtz — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-02-07** Filed with Secretary by Sen. Laura Ellman `filing`
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- **2025-02-07** First Reading `reading-1`
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- **2025-02-07** Referred to Assignments
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- **2025-03-04** Assigned to Executive `referral-committee`
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- **2025-03-05** Added as Co-Sponsor Sen. Mark L. Walker
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- **2025-03-07** Added as Co-Sponsor Sen. Karina Villa
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- **2025-03-21** Rule 2-10 Committee Deadline Established As April 4, 2025
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- **2025-04-03** Postponed - Executive
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- **2025-04-04** Rule 2-10 Committee Deadline Established As April 11, 2025
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- **2025-04-09** Do Pass Executive; 012-001-000
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- **2025-04-09** Placed on Calendar Order of 2nd Reading April 10, 2025 `reading-2`
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- **2025-04-10** Second Reading `reading-2`
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- **2025-04-10** Placed on Calendar Order of 3rd Reading April 11, 2025
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- **2025-04-11** Rule 2-10 Third Reading Deadline Established As May 9, 2025
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- **2025-05-07** Senate Floor Amendment No. 1 Filed with Secretary by Sen. Laura Ellman `amendment-introduction`
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- **2025-05-07** Senate Floor Amendment No. 1 Referred to Assignments
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- **2025-05-07** Senate Floor Amendment No. 1 Assignments Refers to Executive
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- **2025-05-08** Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 008-003-000
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- **2025-05-09** Rule 2-10 Third Reading Deadline Established As May 23, 2025
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- **2025-05-15** Added as Co-Sponsor Sen. Christopher Belt
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- **2025-05-15** Added as Co-Sponsor Sen. Mary Edly-Allen
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- **2025-05-16** Added as Co-Sponsor Sen. Mike Porfirio
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- **2025-05-16** Senate Floor Amendment No. 2 Filed with Secretary by Sen. Laura Ellman `amendment-introduction`
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- **2025-05-16** Senate Floor Amendment No. 2 Referred to Assignments
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- **2025-05-19** Added as Co-Sponsor Sen. Doris Turner
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- **2025-05-20** Senate Floor Amendment No. 2 Assignments Refers to Executive
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- **2025-05-20** Senate Floor Amendment No. 3 Filed with Secretary by Sen. Laura Ellman `amendment-introduction`
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- **2025-05-20** Senate Floor Amendment No. 3 Referred to Assignments
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- **2025-05-21** Senate Floor Amendment No. 3 Assignments Refers to Executive
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- **2025-05-21** Added as Co-Sponsor Sen. Sara Feigenholtz
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- **2025-05-21** Senate Floor Amendment No. 3 Recommend Do Adopt Executive; 009-004-000
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- **2025-05-22** Recalled to Second Reading `reading-2`
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- **2025-05-22** Senate Floor Amendment No. 1 Adopted; Ellman `amendment-passage`
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- **2025-05-22** Senate Floor Amendment No. 3 Adopted; Ellman `amendment-passage`
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- **2025-05-22** Placed on Calendar Order of 3rd Reading
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- **2025-05-22** Third Reading - Passed; 039-019-000 `passage, reading-3`
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- **2025-05-22** Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a) `amendment-failure`
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- **2025-05-22** Arrived in House `introduction`
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- **2025-05-22** Chief House Sponsor Rep. Curtis J. Tarver, II
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- **2025-05-22** First Reading `reading-1`
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- **2025-05-22** Referred to Rules Committee
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- **2025-05-22** Added Alternate Co-Sponsor Rep. Natalie A. Manley
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- **2025-05-23** Added as Co-Sponsor Sen. Laura M. Murphy
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- **2025-05-27** Added as Co-Sponsor Sen. Graciela Guzmán
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- **2025-05-28** Assigned to Financial Institutions and Licensing Committee `referral-committee`
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- **2025-05-28** Motion Filed to Suspend Rule 21 Financial Institutions and Licensing Committee; Rep. Bob Morgan
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- **2025-05-28** Motion to Suspend Rule 21 - Prevailed 070-039-000
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- **2025-05-28** Committee/Final Action Deadline Extended-9(b) May 31, 2025
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- **2025-05-29** Do Pass / Short Debate Financial Institutions and Licensing Committee; 008-004-000
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- **2025-05-29** Placed on Calendar 2nd Reading - Short Debate `reading-2`
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- **2025-05-29** House Floor Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II `amendment-introduction`
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- **2025-05-29** House Floor Amendment No. 1 Referred to Rules Committee
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- **2025-05-29** Second Reading - Short Debate `reading-2`
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- **2025-05-29** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2025-05-30** House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
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- **2025-05-30** House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 008-004-000 `committee-passage-favorable`
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- **2025-05-31** House Floor Amendment No. 1 Adopted `amendment-passage`
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- **2025-05-31** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2025-05-31** Third Reading - Short Debate - Passed 081-036-000 `passage, reading-3`
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- **2025-05-31** Secretary's Desk - Concurrence House Amendment(s) 1
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- **2025-05-31** Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 31, 2025
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- **2025-05-31** House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Laura Ellman `filing`
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- **2025-05-31** House Floor Amendment No. 1 Motion to Concur Referred to Assignments
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- **2025-05-31** House Floor Amendment No. 1 Motion to Concur Assignments Referred to Executive
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- **2025-05-31** Added as Chief Co-Sponsor Sen. Mattie Hunter
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- **2025-05-31** House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 009-004-000
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- **2025-06-01** 3/5 Vote Required
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- **2025-06-01** House Floor Amendment No. 1 Senate Concurs 039-018-000
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- **2025-06-01** Senate Concurs
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- **2025-06-01** Passed Both Houses
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- **2025-06-30** Sent to the Governor `executive-receipt`
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- **2025-08-18** Governor Approved `executive-signature`
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- **2025-08-18** Effective Date August 18, 2025
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- **2025-08-18** Public Act . . . . . . . . . 104-0429 `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/6846ad50-e464-4e18-b767-5730f9a454c2`. Confidence: reported (aggregated from official Illinois legislature records).
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