FINANCIAL REGULATION-VARIOUS Senate SponsorsSen. Laura Ellman-Ann Gillespie and Napoleon Harris, III 1/7/2025SenateSession Sine Die New Act205 ILCS 657/Act rep.Creates the Uniform Money Transmission Modernization Act. Provides that the provisions supersede the Transmitters of Money Act. Sets forth provisions concerning money transmission licenses; acquisition of control; reporting and records; authorized delegates; timely transmission, refunds, and disclosures; prudential standards; and enforcement. Repeals the Transmitters of Money Act. Makes other changes. Effective immediately, except the repeal of the Transmitters of Money Act is effective January 1, 2026. 2/9/2024SenateFiled with Secretary by Sen. Laura Ellman 2/9/2024SenateFirst Reading 2/9/2024SenateReferred to Assignments 2/28/2024SenateAssigned to Executive 3/8/2024SenateAdded as Chief Co-Sponsor Sen. Ann Gillespie 3/15/2024SenateRule 2-10 Committee Deadline Established As April 5, 2024 3/21/2024SenateAdded as Co-Sponsor Sen. Napoleon Harris, III 3/22/2024SenatePostponed - Executive 4/5/2024SenateRule 2-10 Committee Deadline Established As April 19, 2024 4/12/2024SenateRule 2-10 Third Reading Deadline Established As May 3, 2024 4/19/2024SenateRule 2-10 Committee Deadline Established As May 3, 2024 5/3/2024SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die