CURRENCY EXCHANGE ACT-LICENSES
Summary
Amends the Currency Exchange Act. Requires that an applicant for a license to operate a currency exchange must provide a statement that the business is in good standing with the State of Illinois and in compliance with the Department of Revenue. Repeals a provision that prohibits community currency exchanges and ambulatory currency exchanges from issuing tokens to be used instead of money for the purchase of goods or services from any enterprise.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2023
Last action Mar 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
3
Mar 10, 2023
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 28, 2023
House · Referred to committee
Assigned to Financial Institutions and Licensing Committee
Feb 15, 2023
House · Referred to committee
Referred to Rules Committee
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Camille Lilly
DDemocratic
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