HB 5628 Illinois House · 103rd Regular Session

MONEY TRANSMITTERS-EXCEPTION

Summary
Amends the Transmitters of Money Act. Provides that currency exchanges licensed under the Currency Exchange Act are exempt from licensing for exchanging for compensation money of the United States Government or a foreign government to or from money of another government.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2024 Last action Apr 5, 2024
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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
3
Apr 5, 2024
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 5, 2024
Committee
Assigned to Financial Institutions and Licensing Committee
lower
Feb 9, 2024
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jaime Andrade
Jaime Andrade
DDemocratic
IL
40