Illinois · Senate Bill 1975 · 104th General Assembly

SECURITIES-ADDITIONAL FEES

SB 1975 Sponsored by Lakesia Collins In committee

  1. Introduced Feb 6, 2025
  2. In committee Feb 6, 2025
  3. Passed the Senate Next
  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.

Amends the Illinois Securities Law of 1953. Provides that the Secretary of State may provide funds for restitution assistance to victims that were awarded restitution in a final order issued by a court of competent jurisdiction in a legal action initiated by the Secretary of State and who have not received the full amount of restitution ordered one year after the date of the final order. Provides that the Secretary…

Read the full title (135 words)

Amends the Illinois Securities Law of 1953. Provides that the Secretary of State may provide funds for restitution assistance to victims that were awarded restitution in a final order issued by a court of competent jurisdiction in a legal action initiated by the Secretary of State and who have not received the full amount of restitution ordered one year after the date of the final order. Provides that the Secretary of State may adopt rules to implement this provision, including, but not be limited to, eligibility requirements for a restitution assistance award, applicable deadlines for applying for the award, and caps on the amount of restitution awards available from the Secretary of State. Provides that various additional fees collected by the Secretary of States shall be deposited into the Secretary of State Special Services Fund.

Every action

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

Show the 5 earlier steps
  1. SenateFiled with Secretary by Sen. Lakesia Collins
  2. SenateFirst Reading
  3. CommitteeReferred to Assignments · Senate Assignments
  4. CommitteeAssigned to Appropriations · Senate Appropriations
  5. SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Lakesia Collins
  1. CommitteeSenate Committee Amendment No. 1 Referred to Assignments · Senate Assignments
  2. CommitteeSenate Committee Amendment No. 1 Assignments Refers to Appropriations · Senate Appropriations
  3. SenateRule 2-10 Committee Deadline Established As April 11, 2025
  4. SenateRule 2-10 Committee Deadline Established As May 9, 2025
  5. SenateRule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
  6. SenateRule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
  7. CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
  8. CommitteeSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments · Senate Assignments

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.