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HB 5056 Illinois House · 93rd Regular Session

FIN REG-TRNSMTRS OF MONEY ACT

Summary
Amends the Transmitters of Money Act. Defines "agent". Changes the term "authorized seller" to "agent" throughout the Act. Links an applicant's license requirements with the applicant's criminal history, if any. Adds provisions concerning application for the appointment of an agent. Provides that the Director of Financial Institutions may issue an order revoking or suspending any authorization if, after a hearing, the Director finds that the agent has violated any rule adopted by the Director under this Act or any fact or condition exists which would be grounds for denying an application for authorizing an agent. Increases certain fees. Makes other changes. Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
Apr 2004
Committee Review
May 2004
House Passage
Apr 2004
Senate Passage
Governor
Introduced Apr 6, 2004 Last action Jan 11, 2005
Floor votes · House Apr 2, 2004

How they voted

73–40
Passed · 2 other
Total votes 115
Apr 2, 2004
D Democratic65
46 Yea 18 Nay 1
70% Yea
R Republican50
27 Yea 22 Nay 1
54% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
32
Key actions
5
Committee
7
Amendments
2
May 18, 2004
Committee
Referred to Rules
upper
Apr 6, 2004
Introduced
Arrive in Senate
upper
Apr 2, 2004
Lower · Passed
House Floor Amendment No. 1 Adopted by Voice Vote
lower
Apr 2, 2004
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions Committee; 014-000-000
lower
Apr 2, 2004
House · Passed
House Vote: pass (73-40-2)
house
Apr 1, 2004
Lower · Passed
House Floor Amendment No. 1 Rules Refers to Financial Institutions Committee
lower
Mar 31, 2004
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
Mar 31, 2004
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Susana Mendoza
lower
Mar 3, 2004
Lower · Passed
Do Pass / Standard Debate Financial Institutions Committee; 010-005-002
lower
Feb 18, 2004
Committee
Assigned to Financial Institutions Committee
lower
Feb 5, 2004
Committee
Referred to Rules Committee
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.