SB3903 — FINANCIAL REG-FEES-INVESTIGATE
Last action — Rule 3-9(a) / Re-referred to Assignments
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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Introduced
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 D).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
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.
Bill Text
We don't have the full text on file for this bill yet.
Read SB3903 on the official Illinois source →Action History
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Rule 3-9(a) / Re-referred to Assignments
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Placed on Calendar Order of 3rd Reading March 26, 2026
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Senate Floor Amendment No. 1 Adopted; Walker
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Second Reading
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Senate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 008-000-000
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Senate Floor Amendment No. 1 Assignments Refers to Financial Institutions
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Senate Floor Amendment No. 1 Referred to Assignments
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Senate Floor Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker
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Placed on Calendar Order of 2nd Reading March 5, 2026
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Do Pass Financial Institutions; 007-000-000
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Assigned to Financial Institutions
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Mark L. Walker
Sponsors
- Mark L. Walker · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 182 not signed on
Sponsors (1)
- Mark L. Walker Democrat
Co-sponsors (0)
None.
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 5 | 0 | 0 | 1 |
| Republican | 3 | 0 | 0 | 0 |
| Total | 8 | 0 | 0 | 1 |
| % of votes cast | 89% | 0% | 0% | 11% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Laura Ellman | Democrat | Yea |
| Mark L. Walker | Democrat | Yea |
| Patrick J. Joyce | Democrat | Yea |
| Rachel Ventura | Democrat | Yea |
| Robert F. Martwick | Democrat | Not Voting |
| Steve Stadelman | Democrat | Yea |
| Chapin Rose | Republican | Yea |
| Jason Plummer | Republican | Yea |
| Seth Lewis | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 5 | 0 | 0 | 1 |
| Republican | 2 | 0 | 0 | 1 |
| Total | 7 | 0 | 0 | 2 |
| % of votes cast | 78% | 0% | 0% | 22% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Celina Villanueva | Democrat | Yea |
| Laura Ellman | Democrat | Yea |
| Mark L. Walker | Democrat | Yea |
| Robert F. Martwick | Democrat | Yea |
| Steve Stadelman | Democrat | Yea |
| Willie Preston | Democrat | Not Voting |
| Chapin Rose | Republican | Yea |
| Jason Plummer | Republican | Not Voting |
| Seth Lewis | Republican | Yea |
Subjects
Frequently asked questions
- What does SB3903 do?
- 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.
- Who sponsors SB3903 ?
- SB3903 is sponsored by Mark L. Walker (Democrat).
- What is the current status of SB3903 ?
- This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
- Where can I track SB3903 ?
- Track SB3903 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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