Illinois General Assembly - Bill Status for HB2560
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 Bill Status of HB2560  101st General Assembly


House Sponsors
Rep. Nicholas K. Smith

Last Action
DateChamber Action

Statutes Amended In Order of Appearance
205 ILCS 405/19.3from Ch. 17, par. 4838

Synopsis As Introduced
Amends the Currency Exchange Act. Provides the maximum rates to be charged by community and ambulatory currency exchanges for cashing any check or issuing any money order. Provides that no community or ambulatory currency exchange shall charge a fee for cashing any check or issuing any money order in excess of the maximum rates. Deletes language requiring the Secretary of Financial and Professional Regulation to formulate and issue schedules of reasonable maximum rates for check cashing and money orders.

DateChamber Action
  2/13/2019HouseFiled with the Clerk by Rep. Nicholas K. Smith
  2/13/2019HouseFirst Reading
  2/13/2019HouseReferred to Rules Committee
  2/26/2019HouseAssigned to Financial Institutions Committee
  3/5/2019HouseMotion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Nicholas K. Smith
  3/29/2019HouseRule 19(a) / Re-referred to Rules Committee
  4/3/2019HouseMotion Prevailed

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