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<xml>
<title>Illinois General Assembly - Bill Status for SB 3115         </title>
<shortdesc>CURRENCY EXCHANGE ACT-LICENSES</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Robert Peters and Andy Manar</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</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>2/6/2020</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Robert Peters</action>
<statusdate>2/6/2020</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/6/2020</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/11/2020</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>2/19/2020</statusdate><chamber>Senate</chamber><action>Do Pass Financial Institutions;  009-000-000</action>
<statusdate>2/19/2020</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading February 20, 2020</action>
<statusdate>2/25/2020</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Andy Manar</action>
<statusdate>2/27/2020</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>2/27/2020</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 3, 2020</action>
<statusdate>3/25/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020</action>
<statusdate>4/12/2020</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>4/23/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020</action>
<statusdate>4/30/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020</action>
<statusdate>5/7/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020</action>
<statusdate>5/15/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 31, 2020</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

