Illinois 93rd Regular Session Status: Enacted

SB 24 — TRANSMT MONEY ACT FEES INFO

Last action — Public Act . . . . . . . . . 93-0535

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 09, 2003. Enacted.

Prognosis

Likely to advance 70% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    0 primary, 1 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 3 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 Transmitters of Money Act. Includes stored value cards within the scope of the Act. Requires license applicants to submit fingerprints. Increases application and other fees. Increases penalties. Provides that a person who is unlicensed and who engages in conduct for which a license is required shall be liable to a consumer in an amount equal to 4 times the amount accepted for transmission. Requires licensees to submit additional information regarding proposed authorized sellers to the Department of Financial Institutions before the proposed authorized seller may act on behalf of the licensee. Requires licensees to file with the Department Cash Transaction Reports and Suspicious Activity Reports that are required to be filed with the federal government. Creates the TOMA Consumer Protection Fund as a special Fund in the State treasury. Provides for an assessment of $0.01 per money transmission to be paid into the Fund. Provides for moneys in the Fund to be used to reimburse consumers who suffer losses arising out of regulated transactions. Amends the State Finance Act to add the TOMA Consumer Protection Fund to the list of special funds. Effective July 1, 2003.

Bill Text

What changed in the latest version

264 added · 272 removed

Plain-language change summary

The new version of SB 24 has made a specific change regarding the definition of "transmitting money." It removed the word "virtual" from the text, which likely broadens the scope of what qualifies as money transmission. This change matters because it allows for a wider range of financial services and payment methods to be included under the law, potentially improving accessibility and flexibility for consumers using various forms of money transfer.

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Latest
SB24 Engrossed LRB093 02172 JLS 03494 b AN ACT concerning transmitters of money.
SB24 Enrolled LRB093 02172 JLS 03494 b AN ACT concerning transmitters of money.
"Location" means a place of business at which activity SB24 Engrossed -2- LRB093 02172 JLS 03494 b regulated by this Act occurs.
"Location" means a place of business at which activity SB24 Enrolled -2- LRB093 02172 JLS 03494 b regulated by this Act occurs.
"Payment instrument" means a check, draft, money order, traveler's check, _______v___________ or other instrument or memorandum, written order or written receipt for the transmission or payment of money sold or issued to one or more persons whether or not that instrument or order is SB24 Engrossed -3- LRB093 02172 JLS 03494 b negotiable.
"Payment instrument" means a check, draft, money order, traveler's check, s________a__________ or other instrument or memorandum, written order or written receipt for the transmission or payment of money sold or issued to one or more persons whether or not that instrument or order is SB24 Enrolled -3- LRB093 02172 JLS 03494 b negotiable.
_S_____________________a______________________i_____________ _______e_____________________i_____________________e____________ ______r____________________e______________________o_____________ _______t___________________r_________________________i__________ _____s_____________________t______________________e_____________ _____t_____________________._ "Transmitting money" means the transmission of money by any means, including transmissions to or from locations within the United States or to and from locations outside of the United States by payment instrument, facsimile or electronic transfer, or otherwise, and includes bill payment services.
_S______________________m_____________________t_____________ ______e____________________n______________________e_____________ _______a_____________________c____________________u_____________ _____e______________________p_____________________e_____________ _____t_____________________a______________________e_____________ ______e____________________n_______________________d____________ ______t____________________e_______________________t____________ _____i______ "Transmitting money" means the transmission of money by any means, including transmissions to or from locations within the United States or to and from locations outside of the United States by payment instrument, facsimile or electronic transfer, or otherwise, and includes bill payment services.
1-1-02.) (205 ILCS 657/37 new) _e_____________________i_________________ _a_____________________e______________________s_____________ _____o______________________b________________ _b_____________________o_______________________a____________ _____w_________________ _________________f______________________e_____________ _s______________________n_______ __________________o_______________________t___________ _e_____________________o______________________e_____________ SB24 Engrossed -4- LRB093 02172 JLS 03494 b _g_____________________l_______________ _________________t______________________h_____________ _f_____________________o______________________i_____________ _u_____________________v______________________._ ___________________t____________________t_____________ _e______________________t_____________ _c_____________________l______________________m_____________ _____r_____________________n______________________l_____________ _____s_____________________e______________________m_____________ _____e_____________________c______________________s_____________ _____e_____________________s______________________A_____________ _____r_____________________l________________________r___________ _____e_____________________o______________________i_____________ _____n_____________________s________________ _d_____________________o______________________i_____________ _____m______________________a______________________t____________ _____e_____________________i______________________i_____________ _____e_____________________)______________________o_____________ _____o_____________________n______________________y_____________ _____n_____________________o______________________2_____________ _____y______________________a_____________________l_____________ _____m_____________________t________________________n___________ _____r_____________________,______________________r_____________ _____d_____________________u______________________l_____________ _____r_____________________i________________________t___________ _____e_______________________o____________________n_____________ _____n_____________________e__________ _e_____________________S______________________i_____________ _____l_____________________s______________________y_____________ _____._ (205 ILCS 657/65) Sec.
1-1-02.) (205 ILCS 657/37 new) _e_____________________i_________________ _a_____________________e______________________s_____________ _____o______________________b_____________________a_____________ _______t___________________i______________________c_____________ _____a_____________________e__ _b_____________________t______________________h_____________ _____m_______ SB24 Enrolled -4- LRB093 02172 JLS 03494 b _________________e______________________l_____________ _a_____________________d_______________________i____________ _i_________________ _________________t______________________h_____________ _f_____________________t______________________v_____________ _u_____________________v______________________._ ___________________t____________________t_____________ _e______________________t_____________ _c_____________________n______________________t_____________ ______w______________________s____________________a_____________ _____r_____________________n______________________h_____________ _____n______________________t_____________________c_____________ _____s_____________________e______________________r_____________ _____n_____________________l______________________n_____________ _____e_____________________l_______________________1____________ _____o_____________________s______________________r__ _d_______________________o____________________r_____________ _____m______________________d_____________________h_____________ _____e_____________________i______________________i_____________ _____h_______________________(____________________p_____________ _____o_______________________1_______________________f__________ _____n_____________________t_______________________(____________ _____y_____________________s______________________l_____________ _____m______________________t_____________________s_____________ _____r_____________________,______________________r_____________ _____d_____________________u______________________o_____________ _____r_____________________e______________________a_____________ _____e_____________________o______________________y_____________ _____n_____________________e__________ _e_____________________s______________________b_____________ _____l______________________r_____________________s_____________ _____._ (205 ILCS 657/65) SB24 Enrolled -5- LRB093 02172 JLS 03494 b Sec.
SB24 Engrossed -5- LRB093 02172 JLS 03494 b (a) Every payment instrument sold through an authorized seller shall bear the name of the licensee and a unique consecutive number clearly stamped or imprinted on it.
(a) Every payment instrument o______________s_____________ ____ sold through an authorized seller shall bear the name of the licensee and a unique consecutive number clearly stamped or imprinted on it.
(c) For each payment instrument sold, the licensee shall require the authorized seller to record the face amount of the payment instrument and the serial number of the payment instrument.
(c) For each payment instrument _________a_____________ _______c____ sold, the licensee shall require the authorized seller to record the face amount of the payment instrument and the serial number of the payment instrument.
The licensee or authorized seller, in addition to the records required to be kept, shall issue a receipt to each person delivering or depositing money with the licensee or authorized seller indicating the date of the transaction, the face amount of the payment instrument, to whom the money is to be transmitted, the service charge, and the name and SB24 Engrossed -6- LRB093 02172 JLS 03494 b address of the licensee or authorized seller.
The licensee or authorized seller, in addition to the records required to be kept, shall issue a receipt to each person delivering or depositing money with the licensee or SB24 Enrolled -6- LRB093 02172 JLS 03494 b authorized seller indicating the date of the transaction, the face amount of the payment instrument, to whom the money is to be transmitted, the service charge, and the name and address of the licensee or authorized seller.
The licensee or authorized seller shall keep a copy of every receipt in a permanent record book or maintain the data embodied in the receipt using photographic, electronic, or other means.
T __e_____________ _____p______________________t______________________t____________ ______a____________________t______________________s_____________ _____d_____________________a______________________e_____________ _____m_____________________n______________________u_____________ _____a_____________________s______________________t_____________ ______n____________________l___________________ The licensee or authorized seller shall keep a copy of every receipt in a permanent record book or maintain the data embodied in the receipt using photographic, electronic, or other means.
(e) For each exchange of money of the United States government or a foreign government to or from money of another government, the licensee or authorized seller shall record the date of the transaction, the amount of the transaction, t______________f_____________________n_____________ _____e____________ and the rate of exchange at the time of the transaction.
(e) For each exchange of money of the United States government or a foreign government to or from money of another government, the licensee or authorized seller shall record the date of the transaction, the amount of the transaction, ____________f______________________e_____________ _____e____________ and the rate of exchange at the time of the transaction.
_n_____________________h______________________e_____________ _____r______________________o_____________________l_____________ _____i_____________________s_______________________o____________ _____s______________________T_____________________e_____________ _____t_______________________I____________________t_____________ _____m_____________________n________________________p___________ ______t____________________a______________________a_____________ _____,_______________________t_____________________a____________ _____h_____________________i______________________v_____________ _____r_____________________a_______________________c____________ _____h_____________________l______________________b_____________ _____t______________________I_____________________w_____________ _____m_____________________e______________________i_____________ _____e_____________________f______________________c_____________ SB24 Engrossed -7- LRB093 02172 JLS 03494 b _____o_____________________n______________________o_____________ _____l___________________ (f) Records required to be kept by the licensee or authorized seller under this Act shall be preserved for at least 5 years or as required to comply with any other Act the administration of which is vested in the Director.
(f) Records required to be kept by the licensee or authorized seller under this Act shall be preserved for at least 5 years or as required to comply with any other Act the administration of which is vested in the Director.
The records shall be made available for examination in accordance with Sections 55 and 60 of this Act.
The records shall be made available for examination in accordance SB24 Enrolled -7- LRB093 02172 JLS 03494 b with Sections 55 and 60 of this Act.
The Director shall serve notice of his action, including a SB24 Engrossed -8- LRB093 02172 JLS 03494 b statement of the reasons for his actions, either personally or by certified mail, return receipt requested.
The Director shall serve notice of his action, including a statement of the reasons for his actions, either personally or by certified mail, return receipt requested.
(c) In the case of the issuance of a cease and desist order or assessment order, a hearing may be requested in writing within 30 days after the date of service.
(c) In the case of the issuance of a cease and desist order or assessment order, a hearing may be requested in SB24 Enrolled -8- LRB093 02172 JLS 03494 b writing within 30 days after the date of service.
(h) A person who engages in conduct requiring a license under this Act and fails to obtain a license from the Director or knowingly makes a false statement, misrepresentation, or false certification in an application, SB24 Engrossed -9- LRB093 02172 JLS 03494 b financial statement, account record, report, or other document filed or required to be maintained or filed under this Act or who knowingly makes a false entry or omits a material entry in a document is guilty of a Class 3 felony.
(h) A person who engages in conduct requiring a license under this Act and fails to obtain a license from the Director or knowingly makes a false statement, misrepresentation, or false certification in an application, financial statement, account record, report, or other document filed or required to be maintained or filed under this Act or who knowingly makes a false entry or omits a material entry in a document is guilty of a Class 3 felony.
(i) The Director is authorized to compromise, settle, and collect civil penalties and administrative penalties, as set by rule, with any person for violations of this Act or of any rule or order issued or promulgated under this Act.
(i) The Director is authorized to compromise, settle, and collect civil penalties and administrative penalties, as set by rule, with any person for violations of this Act or of SB24 Enrolled -9- LRB093 02172 JLS 03494 b any rule or order issued or promulgated under this Act.
A ___ _____n_____________________q______________________s_____________ _____r_____________________e______________________l_____________ _____t_____________________u______________________(_____________ _____a_____________________c______________________i_____________ _____t_____________________e______________________t_____________ _____D_____________________u______________________c_____________ _____i_____________________u_____________________ (j) The Director may enter into consent orders at any time with a person to resolve a matter arising under this Act.
___ _____n_____________________e______________________e_____________ _____r_____________________t______________________a_____________ _____t_____________________u______________________(_____________ ______a____________________y______________________s_____________ _____t_____________________e______________________t_____________ _____e_______________________a____________________v_____________ _____i_____________________u_____________________ (j) The Director may enter into consent orders at any time with a person to resolve a matter arising under this Act.
8-2-96.) SB24 Engrossed -10- LRB093 02172 JLS 03494 b (205 ILCS 657/93 new) _e_____________________t_____________ _a_____________________e______________________b_____________ _____t_____________________a______________________r_____________ _____ _b_______________________i____________________t_____________ _____u_____________________i______________________e_____________ _____a_____________________e______________________s_____________ _____y_____________________p______________________t_____________ _____h_____________________y______________________a_____________ _____a_________________ _c______________________a_____________________i_____________ _____t_____________________d______________________._____________ ______n____________________t______________________h_____________ _____u______________________f_____________________y_____________ ______f_____ _d______________________b_____________________a_____________ _____t_____________________c______________________t_____________ _____a_____________________l______________________t_____________ _____c_____________________h______________________o_____________ _____e__________________ _e______________________a_____________________o_____________ _____o_____________________s______________________d_____________ _____r_____________________f______________________e_____________ _____e_____________________u______________________r_____________ _____e_____________________o______________________e_____________ _____i_____________________t______________________l_____________ _____t_____________________p______________________o_____________ ______i____________________i______________________y_____________ _____r_______________________d____________________s_____________ _____p_______ Section 95.
8-2-96.) (205 ILCS 657/93 new) _e_____________________t_____________ _a_____________________e________________________c___________ _____S_____________________w______________________e_____________ _____ _b_____________________n______________________e_____________ SB24 Enrolled -10- LRB093 02172 JLS 03494 b _____u_______________________i_____________________b____________ _____a_____________________t______________________a_____________ _____y______________________p______________________t____________ _____a______________________l_______________________t___________ _____a_________________ _c_____________________b______________________t_____________ _____t_____________________e________________________R___________ _______n___________________o______________________t_____________ _____u______________________f_____________________y_____________ ______f_____ _d______________________s_____________________o_____________ _____t_____________________r_______________________t____________ _____a_______________________r____________________o_____________ _____c______________________t______________________f____________ _____e__________________ _e_____________________a______________________s_____________ _____o_____________________e______________________n_____________ _____r______________________r_____________________r_____________ _____v_____________________f______________________o_____________ _____e______________________f______________________c____________ _____i_____________________e______________________a_____________ _____t_____________________i______________________._____________ _______i___________________m______________________a_____________ _____r_____________________d______________________t_____________ _____p_______ Section 95.
SB24 Engrossed -11- LRB093 02172 JLS 03494 b (30 ILCS 105/5.595 new) _e_____________________C______________________n___
(30 ILCS 105/5.595 new) _e_____________________C______________________n___
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Action History

  1. Public Act . . . . . . . . . 93-0535

  2. Effective Date January 1, 2004

  3. Governor Approved

  4. Sent to the Governor

  5. Passed Both Houses

  6. House Floor Amendment No. 1 Senate Concurs 059-000-000

  7. House Floor Amendment No. 1 Motion to Concur Be Adopted Financial Institutions; 007-000-000

  8. House Floor Amendment No. 1 Motion to Concur Rules Referred to Financial Institutions

  9. House Floor Amendment No. 1 Motion to Concur Referred to Rules

  10. House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Miguel del Valle

  11. Placed on Calendar Order of Concurrence House Amendment(s) 01 - May 29, 2003

  12. Secretary's Desk - Concurrence House Amendment(s) 01

  13. Added Alternate Chief Co-Sponsor Rep. William Delgado

  14. Added Alternate Chief Co-Sponsor Rep. Patricia Bailey

  15. Added Alternate Chief Co-Sponsor Rep. Karen A. Yarbrough

  16. Third Reading - Standard Debate - Passed 070-043-003

  17. Placed on Calendar Order of 3rd Reading - Standard Debate

  18. House Floor Amendment No. 1 Adopted by Voice Vote

  19. Second Reading - Standard Debate

  20. House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-001-000

  21. Third Reading/Final Action Deadline Extended-9(b) May 31, 2003

  22. House Floor Amendment No. 1 Referred to Rules Committee

  23. House Floor Amendment No. 1 Filed with Clerk by Rep. Cynthia Soto

  24. Held on Calendar Order of Second Reading - Standard Debate

  25. Recalled to Second Reading - Standard Debate

  26. Placed on Calendar Order of 3rd Reading - Standard Debate

  27. Second Reading - Standard Debate

  28. Held on Calendar Order of Second Reading - Short Debate

  29. Recalled to Second Reading - Short Debate

  30. Placed on Calendar Order of 3rd Reading - Standard Debate

  31. Second Reading - Standard Debate

  32. Placed on Calendar 2nd Reading - Standard Debate

  33. Do Pass / Standard Debate Financial Institutions Committee; 010-000-000

  34. Committee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003

  35. Re-assigned to Financial Institutions Committee

  36. Assigned to Executive Committee

  37. Referred to Rules Committee

  38. First Reading

  39. Chief House Sponsor Rep. Cynthia Soto

  40. Placed on Calendar Order of First Reading

  41. Arrived in House

  42. Third Reading - Passed; 057-000-000

  43. Placed on Calendar Order of 3rd Reading April 3, 2003

  44. Senate Floor Amendment No. 2 Adopted; del Valle

  45. Second Reading

  46. Senate Floor Amendment No. 2 Be Adopted Financial Institutions; 009-000-000

  47. Senate Floor Amendment No. 2 Rules Refers to Financial Institutions

  48. Senate Floor Amendment No. 2 Referred to Rules

  49. Senate Floor Amendment No. 2 Filed with Secretary by Sen. Miguel del Valle

  50. Added as Co-Sponsor Sen. Rickey R. Hendon

  51. Added as Co-Sponsor Sen. Mattie Hunter

  52. Placed on Calendar Order of 2nd Reading March 4, 2003

  53. Do Pass as Amended Financial Institutions; 008-000-000

  54. Senate Committee Amendment No. 1 Adopted

  55. Senate Committee Amendment No. 1 Rules Refers to Financial Institutions

  56. Senate Committee Amendment No. 1 Referred to Rules

  57. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Miguel del Valle

  58. Added as Co-Sponsor Sen. Jeffrey M. Schoenberg

  59. Added as Co-Sponsor Sen. Kimberly A. Lightford

  60. Added as Chief Co-Sponsor Sen. Barack Obama

  61. Added as Chief Co-Sponsor Sen. Antonio Munoz

  62. Added as Chief Co-Sponsor Sen. Iris Y. Martinez

  63. Added as Co-Sponsor Sen. Martin A. Sandoval

  64. Assigned to Financial Institutions

  65. Referred to Rules

  66. First Reading

  67. Filed with Secretary by Sen. Miguel del Valle

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

0 sponsors · 1 co-sponsors · 182 not signed on · 4 voted No

Sponsors (0)

None.

Co-sponsors (1)

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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Concurrence, Amendment 1

Passed 59 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 51000
Democrat 7000
Republican 1000
Total 59000
% of votes cast 100%0%0%0%
How each member voted (59)
Member Party Vote
Sandoval — Yea
Luechtefeld — Yea
Maloney — Yea
Althoff — Yea
Martinez — Yea
Bomke — Yea
Burzynski — Yea
Cronin — Yea
Garrett — Yea
Halvorson — Yea
Lauzen — Yea
Link — Yea
Munoz — Yea
Obama — Yea
Sullivan, D. — Yea
Radogno — Yea
Brady — Yea
Sullivan, J. — Yea
Petka — Yea
Schoenberg — Yea
Silverstein — Yea
Soden — Yea
Jacobs — Yea
Jones, J. — Yea
Jones, W. — Yea
Trotter — Yea
Watson — Yea
Cullerton — Yea
Demuzio — Yea
Clayborne — Yea
Crotty — Yea
DeLeo — Yea
Dillard — Yea
Haine — Yea
Hendon — Yea
Viverito — Yea
Winkel — Yea
Wojcik — Yea
Woolard — Yea
Meeks — Yea
Shadid — Yea
Sieben — Yea
Geo-Karis — Yea
Peterson — Yea
Rauschenberger — Yea
Righter — Yea
Risinger — Yea
Ronen — Yea
Roskam — Yea
Rutherford — Yea
del Valle — Yea
Don Harmon Democrat Yea
Emanuel "Chris" Welch Democrat Yea
Emil Jones, III Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Mattie Hunter Democrat Yea
Dave Syverson Republican Yea

Official roll call →

Third Reading

Passed 71 Yea · 43 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 624004
Democrat 8100
Republican 1200
Total 714304
% of votes cast 60%36%0%3%
How each member voted (118)
Member Party Vote
Saviano — Yea
Schmitz — Yea
Scully — Yea
Slone — Yea
Soto — Yea
Lindner — Yea
Krause — Yea
Acevedo — Yea
Aguilar — Nay
Bassi — Nay
Mathias — Yea
Beaubien — Yea
Bellock — Yea
Berrios — Yea
Mautino — Yea
Biggins — Nay
Black — Not Voting
Boland — Nay
May — Nay
Bost — Nay
Brauer — Nay
Brosnahan — Yea
Millner — Yea
Mulligan — Yea
Fritchey — Yea
Granberg — Yea
O'Brien — Yea
Dunn — Nay
Lang — Yea
Leitch — Nay
Bailey — Yea
Lyons, Joseph — Yea
Reitz — Yea
McAuliffe — Yea
McCarthy — Yea
McKeon — Yea
Mendoza — Yea
Meyer — Yea
McGuire — Yea
Molaro — Yea
Morrow — Yea
Bradley, Richard — Yea
Munson — Yea
Brady — Yea
Myers — Yea
Novak — Yea
Hannig — Yea
Burke — Yea
Osterman — Yea
Parke — Nay
Turner — Yea
Howard — Yea
Washington — Yea
Winters — Yea
Wirsing — Yea
Jones — Yea
Yarbrough — Yea
Younge — Yea
Davis, Monique — Yea
Davis, Steve — Yea
Capparelli — Yea
Churchill — Yea
Colvin — Yea
Cross — Yea
Currie — Yea
Daniels — Yea
Dunkin — Yea
Flowers — Yea
Giles — Yea
Graham — Yea
Hamos — Yea
Hassert — Yea
Hultgren — Yea
Kurtz — Nay
Lyons, Eileen — Nay
Madigan — Not Voting
Moffitt — Not Voting
Nekritz — Nay
Osmond — Nay
Pankau — Nay
Mitchell, Bill — Nay
Mitchell, Jerry — Nay
Sullivan — Nay
Pihos — Nay
Sommer — Nay
Watson — Nay
Tenhouse — Not Voting
Verschoore — Nay
Wait — Nay
Coulson — Nay
Cultra — Nay
Eddy — Nay
Flider — Nay
Forby — Nay
Franks — Nay
Froehlich — Nay
Grunloh — Nay
Holbrook — Nay
Jakobsson — Nay
Jefferson — Nay
Kosel — Nay
Phelps — Nay
Poe — Nay
Ryg — Nay
Sacia — Nay
Chapa LaVia — Nay
Eva-Dina Delgado Democrat Yea
Jay Hoffman Democrat Yea
Lakesia Collins Democrat Yea
Michael J. Kelly Democrat Yea
Nicholas K. Smith Democrat Yea
Patrick J. Joyce Democrat Nay
Robert "Bob" Rita Democrat Yea
Sara Feigenholtz Democrat Yea
William "Will" Davis Democrat Yea
Brad Stephens Republican Nay
Chapin Rose Republican Nay
Chris Miller Republican Yea

Official roll call →

Third Reading

Passed 57 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 50001
Republican 1000
Democrat 6001
Total 57002
% of votes cast 97%0%0%3%
How each member voted (59)
Member Party Vote
Sandoval — Yea
Silverstein — Yea
Althoff — Yea
Martinez — Not Voting
Bomke — Yea
Burzynski — Yea
Meeks — Yea
Crotty — Yea
Geo-Karis — Yea
Halvorson — Yea
Obama — Yea
Philip — Yea
Munoz — Yea
Sieben — Yea
Sullivan, D. — Yea
Brady — Yea
Sullivan, J. — Yea
Petka — Yea
Trotter — Yea
Viverito — Yea
Jacobs — Yea
Jones, J. — Yea
Clayborne — Yea
Cronin — Yea
Haine — Yea
Hendon — Yea
Jones, W. — Yea
Lauzen — Yea
Watson — Yea
Cullerton — Yea
Demuzio — Yea
Link — Yea
Luechtefeld — Yea
Maloney — Yea
Schoenberg — Yea
Shadid — Yea
DeLeo — Yea
Dillard — Yea
Garrett — Yea
Winkel — Yea
Wojcik — Yea
Woolard — Yea
Peterson — Yea
Radogno — Yea
Rauschenberger — Yea
Righter — Yea
Risinger — Yea
Ronen — Yea
Roskam — Yea
Rutherford — Yea
del Valle — Yea
Don Harmon Democrat Yea
Emanuel "Chris" Welch Democrat Yea
Emil Jones, III Democrat Not Voting
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Mattie Hunter Democrat Yea
Dave Syverson Republican Yea

Official roll call →

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 24 do?
Amends the Transmitters of Money Act. Includes stored value cards within the scope of the Act. Requires license applicants to submit fingerprints. Increases application and other fees. Increases penalties. Provides that a person who is unlicensed and who engages in conduct for which a license is required shall be liable to a consumer in an amount equal to 4 times the amount accepted for transmission. Requires licensees to submit additional information regarding proposed authorized sellers to the Department of Financial Institutions before the proposed authorized seller may act on behalf of the licensee. Requires licensees to file with the Department Cash Transaction Reports and Suspicious Activity Reports that are required to be filed with the federal government. Creates the TOMA Consumer Protection Fund as a special Fund in the State treasury. Provides for an assessment of $0.01 per money transmission to be paid into the Fund. Provides for moneys in the Fund to be used to reimburse consumers who suffer losses arising out of regulated transactions. Amends the State Finance Act to add the TOMA Consumer Protection Fund to the list of special funds. Effective July 1, 2003.
Who sponsors SB 24?
SB 24 is sponsored by del Valle.
What is the current status of SB 24?
This bill has been enacted into law. Introduced January 09, 2003. Enacted.
Where can I track SB 24?
Track SB 24 free on One Click Politics — get push/email alerts when it moves.

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