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<xml>
<title>Illinois General Assembly - Bill Status for HB 4429         </title>
<shortdesc>CURRENCY EXCHANGE ACT-LICENSES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Camille Y. Lilly</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 405/10</reference><aliasreference>from Ch. 17, par. 4817</aliasreference><reference>205 ILCS 405/3.2 rep.</reference><aliasreference></aliasreference><reference>205 ILCS 405/9 rep.</reference><aliasreference></aliasreference><SynopsisText>     Amends the Currency Exchange Act. Requires that an applicant for a license to operate a currency exchange must provide a statement that the business is in good standing with the State of Illinois and in compliance with the Department of Revenue. Repeals a provision that allows community currency exchanges and ambulatory currency exchanges to engage in distribution of Supplemental Nutrition Assistance Program (SNAP) benefits and a provision that prohibits community currency exchanges and ambulatory currency exchanges from issuing tokens to be used instead of money for the purchase of goods or services from any enterprise.</SynopsisText></synopsis>
<actions>
<statusdate>1/30/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Camille Y. Lilly</action>
<statusdate>2/3/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/3/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/12/2020</statusdate><chamber>House</chamber><action>Assigned to Financial Institutions Committee</action>
<statusdate>6/23/2020</statusdate><chamber>House</chamber><action>Rule 19(b) / Re-referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

