The legislature's own summary of the bill, or its official long title.
Amends the Currency Exchange Act. Provides that a customer who uses a service of a licensee to send money, money orders, or other evidences of money to a destination in a foreign country shall be offered an option to voluntarily donate a portion of those payments to the Illinois DREAM Fund by rounding the amount of the transaction up to the nearest dollar. Provides that the option to donate to the Illinois DREAM…
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Amends the Currency Exchange Act. Provides that a customer who uses a service of a licensee to send money, money orders, or other evidences of money to a destination in a foreign country shall be offered an option to voluntarily donate a portion of those payments to the Illinois DREAM Fund by rounding the amount of the transaction up to the nearest dollar. Provides that the option to donate to the Illinois DREAM Fund must be presented to the customer before the completion of that transaction. Provides that the licensee shall ensure that the donated amount that is equal to the increase in amount by rounding up to the nearest dollar is provided to the Illinois DREAM Fund. Amends the Transmitters of Money Act. Provides that a customer who uses a service of a licensee to sell or issue payment instruments, transmit money, or exchange payment instruments or money of the United States government or a foreign government to or from money of another government shall be offered an option to voluntarily donate a portion of those payments to the Illinois DREAM Fund by rounding the amount of the transaction up to the nearest dollar. Provides that the option to donate to the Illinois DREAM Fund must be presented to the customer before the completion of that transaction. Provides that the licensee shall ensure that the donated amount that is equal to the increase in amount by rounding up to the nearest dollar is provided to the Illinois DREAM Fund.
Every action
49 steps, oldest first, as the legislature records them.
Show the 41 earlier steps
HouseFiled with the Clerk by Rep. Elizabeth "Lisa" Hernandez
HouseFirst Reading
CommitteeReferred to Rules Committee · House Rules
CommitteeAssigned to Financial Institutions and Licensing Committee · House Financial Institutions & Licensing
CommitteeDo Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000 · House Financial Institutions & Licensing
HousePlaced on Calendar 2nd Reading - Short Debate
HouseSecond Reading - Short Debate
HousePlaced on Calendar Order of 3rd Reading - Short Debate
HouseThird Reading - Short Debate - Passed 098-010-000
HouseAdded Co-Sponsor Rep. Maura Hirschauer
SenateArrive in Senate
SenatePlaced on Calendar Order of First Reading
SenateChief Senate Sponsor Sen. Karina Villa
SenateFirst Reading
CommitteeReferred to Assignments · Senate Assignments
CommitteeAssigned to Financial Institutions · Senate Financial Institutions
SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Karina Villa
CommitteeSenate Committee Amendment No. 1 Referred to Assignments · Senate Assignments
CommitteeSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee · House Rules
CommitteeSenate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee · House Rules
CommitteeSenate Committee Amendment No. 1 Motion to Concur Referred to Financial Institutions and Licensing Committee · House Financial Institutions & Licensing
CommitteeSenate Floor Amendment No. 2 Motion to Concur Referred to Financial Institutions and Licensing Committee · House Financial Institutions & Licensing
CommitteeSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Financial Institutions and Licensing Committee; 010-000-000 · House Financial Institutions & Licensing
CommitteeSenate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Financial Institutions and Licensing Committee; 010-000-000 · House Financial Institutions & Licensing
HouseSenate Committee Amendment No. 1 House Concurs 098-016-000
HouseSenate Floor Amendment No. 2 House Concurs 098-016-000
HouseHouse Concurs
HousePassed Both Houses
HouseSent to the Governor
HouseGovernor Approved
HouseEffective Date July 28, 2023
HousePublic Act . . . . . . . . . 103-0338
Roll calls
10 recorded votes: 4 on the floor, 6 in committee. Each shows how every member voted.
