Illinois · Senate Bill 3903 · 104th General Assembly

FINANCIAL REG-FEES-INVESTIGATE

SB 3903 Sponsored by Mark L. Walker In committee

  1. Introduced Feb 6, 2026
  2. In committee Feb 6, 2026
  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 Currency Exchange Act. Removes provisions requiring the Secretary of Financial and Professional Regulation to investigate a currency exchange business at least once in each year and to review and report on the cost of operation of the Currency Exchange Section. Establishes fee-setting provisions for the administration of the Act. Amends the Sales Finance Agency Act, the Consumer Installment Loan Act, and…

Read the full title (142 words)

Amends the Currency Exchange Act. Removes provisions requiring the Secretary of Financial and Professional Regulation to investigate a currency exchange business at least once in each year and to review and report on the cost of operation of the Currency Exchange Section. Establishes fee-setting provisions for the administration of the Act. Amends the Sales Finance Agency Act, the Consumer Installment Loan Act, and the Safety Deposit License Act. Makes changes to the authority of the Secretary and the Director of the Division of Financial Institutions to examine and investigate a business to determine if it is in compliance with those Acts. Establishes fee-setting provisions for the administration of those Acts. Amends the Debt Management Service Act, the Debt Settlement Consumer Protection Act, and the Payday Loan Reform Act. Establishes fee-setting provisions for the administration of those Acts. Makes other changes. Effective immediately.

Every action

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

Show the 6 earlier steps
  1. SenateFiled with Secretary by Sen. Mark L. Walker
  2. SenateFirst Reading
  3. CommitteeReferred to Assignments · Senate Assignments
  4. CommitteeAssigned to Financial Institutions · Senate Financial Institutions
  5. CommitteeDo Pass Financial Institutions; 007-000-000 · Senate Financial Institutions
  6. SenatePlaced on Calendar Order of 2nd Reading March 5, 2026
  1. SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker
  2. CommitteeSenate Floor Amendment No. 1 Referred to Assignments · Senate Assignments
  3. CommitteeSenate Floor Amendment No. 1 Assignments Refers to Financial Institutions · Senate Financial Institutions
  4. CommitteeSenate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 008-000-000 · Senate Financial Institutions
  5. SenateSecond Reading
  6. SenateSenate Floor Amendment No. 1 Adopted; Walker
  7. SenatePlaced on Calendar Order of 3rd Reading March 26, 2026
  8. CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments

Roll calls

2 recorded votes: 0 on the floor, 2 in committee. Each shows how every member voted.

Committee votes

DateWhereQuestionResult
Mar 4, 2026 Senate Financial Institutions Financial Institutions - Do Pass
Members

Yes · 7

Not voting · 2

 Passed 7–0
Mar 25, 2026 Senate Financial Institutions Senate Floor Amendment No. 1 - Financial Institutions - Recommend Do Adopt
Members

Yes · 8

Not voting · 1

 Passed 8–0

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.