<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 644          </title>
<shortdesc>COLLECTION AGENCY ACT-FUND</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Laura Ellman</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>225 ILCS 425/4.5</reference><aliasreference></aliasreference><reference>225 ILCS 425/8a</reference><aliasreference>from Ch. 111, par. 2011a</aliasreference><SynopsisText>Amends the Collection Agency Act by changing references to the General Professions Dedicated Fund to refer to the Financial Institution Fund. Provides that any fees collected and deposited into the General Professions Dedicated Fund for Fiscal Year 2021 may be transferred by the Department of Financial and Professional Regulation to the Financial Institution Fund. Effective immediately.</SynopsisText><synopsistitle>Senate Committee Amendment No. 2</synopsistitle>
<SynopsisText>Replaces everything after the enacting clause with the provisions of the introduced bill with the following changes. Provides that after the effective date of the amendatory Act, the Department of Financial and Professional Regulation may transfer any fees collected under the Collection Agency Act from the General Professions Dedicated Fund to the Financial Institution Fund. Removes a provision that provides that any fees collected and deposited into the General Professions Dedicated Fund for Fiscal Year 2021 may be transferred by the Department of Financial and Professional Regulation to the Financial Institution Fund. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/24/2021</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Laura Ellman</action>
<statusdate>2/24/2021</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/24/2021</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/9/2021</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>3/16/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Ellman</action>
<statusdate>3/16/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/23/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions</action>
<statusdate>4/9/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 2 Filed with Secretary by Sen. Laura Ellman</action>
<statusdate>4/9/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 2 Referred to Assignments</action>
<statusdate>4/13/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 2 Assignments Refers to Financial Institutions</action>
<statusdate>4/14/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Postponed - Financial Institutions</action>
<statusdate>4/14/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 2 Adopted</action>
<statusdate>4/15/2021</statusdate><chamber>Senate</chamber><action>Do Pass as Amended Financial Institutions;  008-000-000</action>
<statusdate>4/15/2021</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 20, 2021</action>
<statusdate>4/16/2021</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>4/20/2021</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/20/2021</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 21, 2021</action>
<statusdate>4/23/2021</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/10/2023</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

