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<xml>
<title>Illinois General Assembly - Bill Status for SB 2433         </title>
<shortdesc>CURRENCY EXCHANGE - CHECKS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jacqueline Y. Collins-Wm. Sam McCann-Napoleon Harris, III-Kimberly A. Lightford-Iris Y. Martinez, Cristina Castro, Linda Holmes, Daniel Biss, Laura M. Murphy, Bill Cunningham, Melinda Bush, Toi W. Hutchinson, Patricia Van Pelt, Omar Aquino, Emil Jones, III, Andy Manar, Scott M. Bennett, Mattie Hunter, James F. Clayborne, Jr., William R. Haine, Heather A. Steans, John G. Mulroe, Kwame Raoul, Steve Stadelman, Michael E. Hastings, Elgie R. Sims, Jr., Julie A. Morrison, David Koehler, Pat McGuire, Jennifer Bertino-Tarrant, Martin A. Sandoval, Terry Link, Antonio Muñoz, Don Harmon and Ira I. Silverstein</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. La Shawn K. Ford-Sonya M. Harper-Camille Y. Lilly-Robert W. Pritchard-Lou Lang, Sara Feigenholtz, André Thapedi, Gregory Harris, Elizabeth Hernandez, Silvana Tabares, Theresa Mah, LaToya Greenwood and Rita Mayfield)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/3/2018</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0704</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 405/1</reference><aliasreference>from Ch. 17, par. 4802</aliasreference><reference>205 ILCS 405/19.3</reference><aliasreference>from Ch. 17, par. 4838</aliasreference><SynopsisText>Amends the Currency Exchange Act. Defines "government assistance check", "government check", "payroll check", "printed", and "protected class". Provides additional considerations by the Secretary of Financial and Professional Regulation for determining the maximum rate schedules that can be charged for check cashing and writing of money orders by community currency exchanges and ambulatory currency exchanges. Provides that the Department of Financial and Professional Regulation's authority to establish rate schedules for check cashing is subject to specified rate caps. Makes other changes. Effective June 1, 2019.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>205 ILCS 405/1</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Currency Exchange Act. In the list of things the Secretary of Financial and Professional Regulation shall take into account in determining the maximum rate schedules that can be charged for check cashing and writing of money orders by community currency exchanges and ambulatory currency exchanges, adds the impact on consumers and whether the rate schedule will disproportionately impact anyone on the basis of any protected characteristic or category listed and defined in specified provisions of the Illinois Human Rights Act. Effective June 1, 2019.</SynopsisText></synopsis>
<actions>
<statusdate>1/30/2018</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jacqueline Y. Collins</action>
<statusdate>1/30/2018</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/30/2018</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/6/2018</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Napoleon Harris, III</action>
<statusdate>2/6/2018</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Kimberly A. Lightford</action>
<statusdate>2/7/2018</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Iris Y. Martinez</action>
<statusdate>2/7/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Cristina Castro</action>
<statusdate>2/8/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Linda Holmes</action>
<statusdate>2/9/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Daniel Biss</action>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Laura M. Murphy</action>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Bill Cunningham</action>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Melinda Bush</action>
<statusdate>2/13/2018</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Mattie Hunter</action>
<statusdate>2/14/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Toi W. Hutchinson</action>
<statusdate>2/15/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Patricia Van Pelt</action>
<statusdate>2/20/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Omar Aquino</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Emil Jones, III</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Andy Manar</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Scott M. Bennett</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mattie Hunter</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Wm. Sam McCann</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. James F. Clayborne, Jr.</action>
<statusdate>2/21/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. William R. Haine</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Heather A. Steans</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. John G. Mulroe</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Kwame Raoul</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Steve Stadelman</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Michael E. Hastings</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Elgie R. Sims, Jr.</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Julie A. Morrison</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. David Koehler</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Pat McGuire</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Jennifer Bertino-Tarrant</action>
<statusdate>2/28/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Martin A. Sandoval</action>
<statusdate>2/28/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Terry Link</action>
<statusdate>2/28/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Antonio Muñoz</action>
<statusdate>2/28/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Don Harmon</action>
<statusdate>3/14/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Ira I. Silverstein</action>
<statusdate>4/4/2018</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>4/4/2018</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jacqueline Y. Collins</action>
<statusdate>4/4/2018</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>4/10/2018</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions</action>
<statusdate>4/11/2018</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>4/11/2018</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Financial Institutions;  008-000-000</action>
<statusdate>4/11/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 12, 2018</action>
<statusdate>4/18/2018</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/18/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 19, 2018</action>
<statusdate>4/19/2018</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 054-000-000</action>
<statusdate>4/19/2018</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/19/2018</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. La Shawn K. Ford</action>
<statusdate>4/19/2018</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/19/2018</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/25/2018</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Robert W. Pritchard</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>Assigned to Financial Institutions Committee</action>
<statusdate>5/7/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Sara Feigenholtz</action>
<statusdate>5/7/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. André Thapedi</action>
<statusdate>5/8/2018</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Lou Lang</action>
<statusdate>5/8/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Gregory Harris</action>
<statusdate>5/8/2018</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Financial Institutions Committee;  012-000-000</action>
<statusdate>5/9/2018</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/10/2018</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Sonya M. Harper</action>
<statusdate>5/10/2018</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Camille Y. Lilly</action>
<statusdate>5/10/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Elizabeth Hernandez</action>
<statusdate>5/10/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Silvana Tabares</action>
<statusdate>5/16/2018</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/16/2018</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/18/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Theresa Mah</action>
<statusdate>5/18/2018</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 101-000-000</action>
<statusdate>5/18/2018</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>5/18/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. LaToya Greenwood</action>
<statusdate>5/18/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Rita Mayfield</action>
<statusdate>6/15/2018</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/3/2018</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/3/2018</statusdate><chamber>Senate</chamber><action>Effective Date June 1, 2019</action>
<statusdate>8/3/2018</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 100-0704</action>
</actions>
</xml>

