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SB 1865 Illinois Senate · 93rd Regular Session

SECURITIES ENFORCE FORFEIT

Summary
Amends the Illinois Securities Law of 1953. Authorizes the Secretary of State to appoint special agents and investigators to conduct investigations. Grants to those agents police power with respect to the enforcement of the Illinois Securities Law of 1953 and any other law administered by the Illinois Securities Department. Provides that registration under the Securities Law may be denied or revoked if the registrant has engaged in any unethical practice in connection with any security rather than the offer or sale of securities. Provides for the seizure and forfeiture of assets obtained in violation of the Securities Law. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Apr 2003
Committee Review
May 2003
Senate Passage
May 2003
House Passage
May 2003
Signed into Law
Aug 2003
Introduced Apr 8, 2003 Signed Aug 21, 2003
Floor votes · Senate Apr 8, 2003 · House May 30, 2003

How they voted

50–0
Passed · 3 other
Total votes 53
Apr 8, 2003
D Democratic28
27 Yea 1
96% Yea
R Republican25
23 Yea 2
92% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
44
Key actions
9
Committee
10
Amendments
3
Aug 21, 2003
Signed into law
Governor Approved
upper
May 30, 2003
Upper · Passed
Passed Both Houses
upper
May 30, 2003
House · Passed
House Vote: pass (104-7-3)
house
May 28, 2003
Lower · Passed
Do Pass / Short Debate State Government Administration Committee; 009-001-000
lower
May 1, 2003
Lower · Passed
Remains in State Government Administration Committee
lower
May 1, 2003
Committee
Motion Do Pass - Lost State Government Administration Committee; by Voice Vote
lower
Apr 14, 2003
Committee
Assigned to State Government Administration Committee
lower
Apr 10, 2003
Committee
Referred to Rules Committee
lower
Apr 8, 2003
Introduced
Arrived in House
lower
Apr 8, 2003
Senate · Passed
Senate Vote: pass (50-0-3)
senate
Mar 21, 2003
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Welch
upper
Mar 19, 2003
Upper · Passed
Senate Floor Amendment No. 1 Be Adopted Executive; 012-000-000
upper
Mar 18, 2003
Introduced
Senate Floor Amendment No. 1 Rules Refers to Executive
upper
Mar 11, 2003
Committee
Senate Floor Amendment No. 1 Referred to Rules
upper
Mar 11, 2003
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Patrick Welch
upper
Mar 6, 2003
Upper · Passed
Do Pass Executive; 012-000-000
upper
Feb 27, 2003
Committee
Assigned to Executive
upper
Feb 20, 2003
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.