Illinois · Senate Bill 3670 · 103rd General Assembly

FINANCIAL REGULATION-VARIOUS

SB 3670 Sponsored by Laura Ellman Died in committee

  1. Introduced Feb 9, 2024
  2. In committee Feb 9, 2024
  3. Died  
  4. Passed the House  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Creates the Uniform Money Transmission Modernization Act. Provides that the provisions supersede the Transmitters of Money Act. Sets forth provisions concerning money transmission licenses; acquisition of control; reporting and records; authorized delegates; timely transmission, refunds, and disclosures; prudential standards; and enforcement. Repeals the Transmitters of Money Act. Makes other changes. Effective immediately, except the repeal of the Transmitters of Money Act is effective January 1, 2026.

Every action

13 steps, oldest first, as the legislature records them.

Show the 5 earlier steps
  1. SenateFiled with Secretary by Sen. Laura Ellman
  2. SenateFirst Reading
  3. CommitteeReferred to Assignments · Senate Assignments
  4. CommitteeAssigned to Executive · Senate Executive
  5. SenateAdded as Chief Co-Sponsor Sen. Ann Gillespie
  1. SenateRule 2-10 Committee Deadline Established As April 5, 2024
  2. SenateAdded as Co-Sponsor Sen. Napoleon Harris, III
  3. CommitteePostponed - Executive · Senate Executive
  4. SenateRule 2-10 Committee Deadline Established As April 19, 2024
  5. SenateRule 2-10 Third Reading Deadline Established As May 3, 2024
  6. SenateRule 2-10 Committee Deadline Established As May 3, 2024
  7. CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
  8. SenateSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 2 cosponsors: 2 Democrats.

All 2 cosponsors

From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.