Illinois 104th General Assembly Status: To Executive 15 D cosponsors

SB1797      — DIGITAL ASSETS & CONS PROT ACT

Last action — Public Act . . . . . . . . . 104-0428

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

This bill has been sent to the executive. Introduced February 06, 2025. It awaits signature.

Next likely step: the executive signs it into law or issues a veto.

Odds of enactment

Moderate chance

Based on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 74% · moderate confidence

  • To Executive

    Current position in the legislative process.

  • 17 sponsors

    1 primary, 16 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (15 D).

  • Cleared a recorded vote

    Passed 7 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Creates the Digital Assets and Consumer Protection Act. Provides that the Department of Financial and Professional Regulation shall regulate digital asset business activity in the State. Sets forth provisions concerning: applicability; the powers and duties of the Department; funds; customer protections; custody and protection of customer assets; covered exchanges; compliance; registration; supervision; records; additional procedural provisions; confidentiality; violations; enforcement; rulemaking authority; and severability. Creates the Special Purpose Trust Company Article in the Corporate Fiduciary Act. Sets forth provisions concerning certificates of authority; rulemaking and organization; certificates of authority for foreign corporate fiduciaries; eligibility; fees; and certificates of reciprocity. Makes other changes to various Acts. Effective immediately.

Bill Text

We don't have the full text on file for this bill yet.

Read SB1797 on the official Illinois source →

Action History

  1. Public Act . . . . . . . . . 104-0428

  2. Effective Date August 18, 2025

  3. Governor Approved

  4. Sent to the Governor

  5. Passed Both Houses

  6. Senate Concurs

  7. House Committee Amendment No. 1 Senate Concurs 041-015-000

  8. 3/5 Vote Required

  9. House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 009-004-000

  10. House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive

  11. House Committee Amendment No. 1 Motion to Concur Referred to Assignments

  12. House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Mark L. Walker

  13. Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 30, 2025

  14. Secretary's Desk - Concurrence House Amendment(s) 1

  15. Third Reading - Short Debate - Passed 076-038-001

  16. Placed on Calendar Order of 3rd Reading - Short Debate

  17. Added Alternate Co-Sponsor Rep. Camille Y. Lilly

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

  19. Second Reading - Short Debate

  20. Placed on Calendar 2nd Reading - Short Debate

  21. Do Pass as Amended / Short Debate Financial Institutions and Licensing Committee; 007-004-000

  22. House Committee Amendment No. 1 Adopted in Financial Institutions and Licensing Committee; by Voice Vote

  23. House Committee Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee

  24. Motion to Suspend Rule 21 - Prevailed 075-039-000

  25. Motion Filed to Suspend Rule 21 Financial Institutions and Licensing Committee; Rep. Bob Morgan

  26. House Committee Amendment No. 1 Referred to Rules Committee

  27. House Committee Amendment No. 1 Filed with Clerk by Rep. Edgar González, Jr.

  28. Committee/Final Action Deadline Extended-9(b) May 31, 2025

  29. Assigned to Financial Institutions and Licensing Committee

  30. Rule 19(a) / Re-referred to Rules Committee

  31. Assigned to Financial Institutions and Licensing Committee

  32. Referred to Rules Committee

  33. First Reading

  34. Chief House Sponsor Rep. Edgar González, Jr.

  35. Arrived in House

  36. Added as Co-Sponsor Sen. Mike Simmons

  37. Third Reading - Passed; 039-017-000

  38. Placed on Calendar Order of 3rd Reading

  39. Senate Floor Amendment No. 2 Adopted; Walker

  40. Recalled to Second Reading

  41. Added as Co-Sponsor Sen. Adriane L. Johnson

  42. Added as Co-Sponsor Sen. Mary Edly-Allen

  43. Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 009-004-000

  44. Added as Co-Sponsor Sen. Robert Peters

  45. Added as Co-Sponsor Sen. Michael E. Hastings

  46. Sponsor Removed Sen. Michael W. Halpin

  47. Added as Co-Sponsor Sen. Javier L. Cervantes

  48. Added as Co-Sponsor Sen. Christopher Belt

  49. Added as Co-Sponsor Sen. Paul Faraci

  50. Placed on Calendar Order of 3rd Reading April 9, 2025

  51. Second Reading

  52. Senate Floor Amendment No. 2 Assignments Refers to Executive

  53. Senate Floor Amendment No. 2 Referred to Assignments

  54. Senate Floor Amendment No. 2 Filed with Secretary by Sen. Mark L. Walker

  55. Added as Chief Co-Sponsor Sen. Laura Ellman

  56. Added as Chief Co-Sponsor Sen. Cristina Castro

  57. Added as Chief Co-Sponsor Sen. Graciela Guzmán

  58. Placed on Calendar Order of 2nd Reading April 4, 2025

  59. Do Pass as Amended Executive; 008-004-000

  60. Senate Committee Amendment No. 1 Adopted

  61. Rule 2-10 Committee Deadline Established As April 4, 2025

  62. Added as Co-Sponsor Sen. Mike Porfirio

  63. Added as Co-Sponsor Sen. Rachel Ventura

  64. Added as Co-Sponsor Sen. Karina Villa

  65. Senate Committee Amendment No. 1 Assignments Refers to Executive

  66. Senate Committee Amendment No. 1 Referred to Assignments

  67. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker

  68. Assigned to Executive

  69. Referred to Assignments

  70. First Reading

  71. Filed with Secretary by Sen. Mark L. Walker

Sponsors

Sponsorship breakdown

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1 sponsors · 16 co-sponsors · 166 not signed on · 55 voted No

Sponsors (1)

Co-sponsors (16)

Not signed on (166)

166 members have not signed on to this bill.

Show all 166 →

"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

Executive

Passed 9 Yea · 4 Nay
Party YeaNayPresentNot Voting
Democrat 9000
Republican 0400
Total 9400
% of votes cast 69%31%0%0%
How each member voted (13)
Member Party Vote
Bill Cunningham Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Don Harmon Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mattie Hunter Democrat Yea
Napoleon Harris III Democrat Yea
Omar Aquino Democrat Yea
Donald P. DeWitte Republican Nay
Jil Tracy Republican Nay
John F. Curran Republican Nay
Sue Rezin Republican Nay

Official roll call →

Concurrence

Passed 41 Yea · 15 Nay
Party YeaNayPresentNot Voting
Republican 31501
Democrat 36002
Unaffiliated 1000
Total 401503
% of votes cast 69%26%0%5%
How each member voted (58)
Member Party Vote
Johnson — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Graciela Guzmán Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Not Voting
Lakesia Collins Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Not Voting
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Yea
Meg Loughran Cappel Democrat Yea
Michael E. Hastings Democrat Yea
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Yea
Mike Simmons Democrat Yea
Napoleon Harris III Democrat Yea
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Suzy Glowiak Hilton Democrat Yea
Thaddeus Jones Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Nay
Chapin Rose Republican Yea
Chris Balkema Republican Not Voting
Craig Wilcox Republican Nay
Dale Fowler Republican Nay
Darby A. Hills Republican Yea
Dave Syverson Republican Nay
Donald P. DeWitte Republican Nay
Erica Harriss Republican Nay
Jason Plummer Republican Nay
Jil Tracy Republican Nay
John F. Curran Republican Nay
Li Arellano, Jr. Republican Nay
Neil Anderson Republican Nay
Sally J. Turner Republican Nay
Seth Lewis Republican Nay
Steve McClure Republican Nay
Sue Rezin Republican Yea
Terri Bryant Republican Nay

Official roll call →

Third Reading

Passed 76 Yea · 38 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 72002
Republican 03702
Unaffiliated 3100
Total 753804
% of votes cast 64%32%0%3%
How each member voted (117)
Member Party Vote
Jacobs — Nay
Johnson — Yea
Stava-Murray — Yea
Hernandez, Lisa — Yea
Aarón M. Ortíz Democrat Yea
Abdelnasser Rashid Democrat Yea
Amy Briel Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anthony DeLuca Democrat Yea
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Yea
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Yea
Debbie Meyers-Martin Democrat Yea
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Harry Benton Democrat Yea
Hoan Huynh Democrat Yea
Jaime M. Andrade, Jr. Democrat Yea
Janet Yang Rohr Democrat Not Voting
Jawaharial Williams Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Joyce Mason Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
Kimberly Du Buclet Democrat Yea
La Shawn K. Ford Democrat Yea
Laura Faver Dias Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Lisa Davis Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret Croke Democrat Yea
Martha Deuter Democrat Yea
Martin J. Moylan Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Yea
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael Crawford Democrat Yea
Michael J. Kelly Democrat Yea
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Nicolle Grasse Democrat Yea
Norma Hernandez Democrat Yea
Rick Ryan Democrat Yea
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Yea
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Not Voting
Suzanne M. Ness Democrat Yea
Terra Costa Howard Democrat Yea
Thaddeus Jones Democrat Yea
Theresa Mah Democrat Yea
Tracy Katz Muhl Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Yea
Yolonda Morris Democrat Yea
Adam M. Niemerg Republican Nay
Amy Elik Republican Nay
Amy L. Grant Republican Nay
Blaine Wilhour Republican Nay
Brad Halbrook Republican Nay
Brad Stephens Republican Nay
Bradley Fritts Republican Nay
Brandun Schweizer Republican Nay
Charles Meier Republican Nay
Chris Miller Republican Nay
Christopher "C.D." Davidsmeyer Republican Nay
Dan Swanson Republican Nay
Daniel J. Ugaste Republican Nay
Dave Severin Republican Nay
David Friess Republican Nay
Dennis Tipsword Republican Nay
Jackie Haas Republican Nay
Jason R. Bunting Republican Nay
Jed Davis Republican Nay
Jeff Keicher Republican Nay
Jennifer Sanalitro Republican Nay
Joe C. Sosnowski Republican Nay
John M. Cabello Republican Nay
Kevin Schmidt Republican Nay
Kyle Moore Republican Nay
Martin McLaughlin Republican Not Voting
Michael J. Coffey, Jr. Republican Nay
Nicole La Ha Republican Nay
Norine K. Hammond Republican Nay
Patrick Sheehan Republican Nay
Patrick Windhorst Republican Nay
Regan Deering Republican Nay
Ryan Spain Republican Nay
Steven Reick Republican Nay
Tom Weber Republican Nay
Tony M. McCombie Republican Nay
Travis Weaver Republican Nay
Wayne A. Rosenthal Republican Not Voting
William E Hauter Republican Nay

Official roll call →

Financial Institutions & Licensing

Passed 7 Yea · 4 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 7001
Republican 0400
Total 7401
% of votes cast 58%33%0%8%
How each member voted (12)
Member Party Vote
Daniel Didech Democrat Yea
Edgar González, Jr. Democrat Yea
Jaime M. Andrade, Jr. Democrat Yea
Jawaharial Williams Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Margaret Croke Democrat Yea
Natalie A. Manley Democrat Not Voting
Rita Mayfield Democrat Yea
Christopher "C.D." Davidsmeyer Republican Nay
Daniel J. Ugaste Republican Nay
Michael J. Coffey, Jr. Republican Nay
Travis Weaver Republican Nay

Official roll call →

Third Reading

Passed 39 Yea · 17 Nay
Party YeaNayPresentNot Voting
Republican 21700
Democrat 35003
Unaffiliated 1000
Total 381703
% of votes cast 66%29%0%5%
How each member voted (58)
Member Party Vote
Johnson — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Graciela Guzmán Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Not Voting
Meg Loughran Cappel Democrat Yea
Michael E. Hastings Democrat Yea
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Yea
Mike Simmons Democrat Yea
Napoleon Harris III Democrat Yea
Omar Aquino Democrat Not Voting
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Suzy Glowiak Hilton Democrat Yea
Thaddeus Jones Democrat Not Voting
Willie Preston Democrat Yea
Andrew S. Chesney Republican Nay
Chapin Rose Republican Nay
Chris Balkema Republican Nay
Craig Wilcox Republican Nay
Dale Fowler Republican Nay
Darby A. Hills Republican Yea
Dave Syverson Republican Nay
Donald P. DeWitte Republican Nay
Erica Harriss Republican Nay
Jason Plummer Republican Nay
Jil Tracy Republican Nay
John F. Curran Republican Nay
Li Arellano, Jr. Republican Nay
Neil Anderson Republican Nay
Sally J. Turner Republican Nay
Seth Lewis Republican Yea
Steve McClure Republican Nay
Sue Rezin Republican Nay
Terri Bryant Republican Nay

Official roll call →

Executive

Passed 9 Yea · 4 Nay
Party YeaNayPresentNot Voting
Republican 0400
Democrat 9000
Total 9400
% of votes cast 69%31%0%0%
How each member voted (13)
Member Party Vote
Bill Cunningham Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Don Harmon Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Kimberly A. Lightford Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Napoleon Harris III Democrat Yea
Jil Tracy Republican Nay
John F. Curran Republican Nay
Neil Anderson Republican Nay
Sue Rezin Republican Nay

Official roll call →

Executive

Passed 13 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 4000
Democrat 8000
Unaffiliated 1000
Total 13000
% of votes cast 100%0%0%0%
How each member voted (13)
Member Party Vote
Harris III, Napoleon — Yea
Bill Cunningham Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Don Harmon Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Kimberly A. Lightford Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Neil Anderson Republican Yea
Sue Rezin Republican Yea

Official roll call →

Subjects

finance technology
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Frequently asked questions

What does SB1797      do?
Creates the Digital Assets and Consumer Protection Act. Provides that the Department of Financial and Professional Regulation shall regulate digital asset business activity in the State. Sets forth provisions concerning: applicability; the powers and duties of the Department; funds; customer protections; custody and protection of customer assets; covered exchanges; compliance; registration; supervision; records; additional procedural provisions; confidentiality; violations; enforcement; rulemaking authority; and severability. Creates the Special Purpose Trust Company Article in the Corporate Fiduciary Act. Sets forth provisions concerning certificates of authority; rulemaking and organization; certificates of authority for foreign corporate fiduciaries; eligibility; fees; and certificates of reciprocity. Makes other changes to various Acts. Effective immediately.
Who sponsors SB1797     ?
SB1797      is sponsored by Mark L. Walker (Democrat), Edgar González, Jr., Camille Y. Lilly, Laura Ellman (Democrat), Cristina Castro (Democrat), Graciela Guzmán (Democrat), Karina Villa (Democrat), Rachel Ventura (Democrat), Mike Porfirio (Democrat), Paul Faraci (Democrat), Christopher Belt (Democrat), Javier L. Cervantes (Democrat), Michael E. Hastings (Democrat), Robert Peters (Democrat), Mary Edly-Allen (Democrat), Adriane L. Johnson (Democrat), and Mike Simmons (Democrat).
What is the current status of SB1797     ?
This bill has been sent to the executive. Introduced February 06, 2025. It awaits signature.
Where can I track SB1797     ?
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