SB 1657 Illinois Senate · 94th Regular Session

EXEC ORDER 2004-6 IMPLMNTATION

Summary
Creates the Department of Financial and Professional Regulation Act and amends various Acts. Implements and supersedes Executive Order 6 (2004). Abolishes the Department of Financial Institutions, the Department of Insurance, the Department of Professional Regulation, and the Office of Banks and Real Estate and transfers all of the functions of those agencies to the Department of Financial and Professional Regulation, which is created. Provides that the Secretary of Financial and Professional Regulation is the head of the new agency, and provides for 4 Directors, each of whom shall report to the Secretary and shall oversee the functions transferred from one of the abolished agencies to the new agency. Transfers the staffs, records, and unexpended funds of the abolished agencies to the Department of Financial and Professional Regulation. Makes conforming changes in other Acts. Authorizes transfers of moneys to the Professions Indirect Cost Fund from certain special funds that receive moneys from fees and fines associated with the licensing of regulated professions, trades, occupations, and industries by the Department of Financial and Professional Regulation. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2005
Committee Review
Floor Vote
Governor
Introduced Feb 24, 2005 Last action Jan 9, 2007
Floor votes

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Full legislative history

Actions timeline

Total actions
8
Key actions
0
Committee
3
Jan 9, 2007
Senate · Failed
Session Sine Die
Mar 18, 2005
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Rules
Mar 2, 2005
Senate · Referred to committee
Assigned to Executive
Feb 24, 2005
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Jeffrey M. Schoenberg
Jeffrey M. Schoenberg
DDemocratic
IL
9