SB 1975 Illinois Senate · 104th Regular Session

SECURITIES-ADDITIONAL FEES

Summary
Amends the Illinois Securities Law of 1953. Provides that the Secretary of State may provide funds for restitution assistance to victims that were awarded restitution in a final order issued by a court of competent jurisdiction in a legal action initiated by the Secretary of State and who have not received the full amount of restitution ordered one year after the date of the final order. Provides that the Secretary of State may adopt rules to implement this provision, including, but not be limited to, eligibility requirements for a restitution assistance award, applicable deadlines for applying for the award, and caps on the amount of restitution awards available from the Secretary of State. Provides that various additional fees collected by the Secretary of States shall be deposited into the Secretary of State Special Services Fund.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2025 Last action Jun 2, 2025
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
13
Key actions
3
Committee
8
Amendments
1
Jun 2, 2025
Committee
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
upper
Jun 2, 2025
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Apr 11, 2025
Upper · Passed
Rule 2-10 Committee Deadline Established As May 9, 2025
upper
Mar 21, 2025
Upper · Passed
Rule 2-10 Committee Deadline Established As April 11, 2025
upper
Mar 19, 2025
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Appropriations
upper
Mar 18, 2025
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Mar 18, 2025
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Lakesia Collins
upper
Mar 18, 2025
Committee
Assigned to Appropriations
upper
Feb 6, 2025
Committee
Referred to Assignments
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Lakesia Collins
Lakesia Collins
DDemocratic
IL
5