O'MALLEY. (MEYER) 205 ILCS 405/4 from Ch. 17, par. 4808 205 ILCS 405/16 from Ch. 17, par. 4832 205 ILCS 660/6 from Ch. 17, par. 5206 205 ILCS 660/10 from Ch. 17, par. 5223 205 ILCS 670/2 from Ch. 17, par. 5402 205 ILCS 670/8 from Ch. 17, par. 5408 205 ILCS 670/11 from Ch. 17, par. 5411 Amends the Currency Exchange Act, the Sales Finance Agency Act, and the Consumer Installment Loan Act. Provides that license fees under those Acts must not only be paid, but also received by the Department of Financial Institutions by the date specified for payment. Provides that licensees under the Consumer Installment Loan Act must maintain a bond in the amount of $25,000 rather than $1,000. Authorizes the Department to fine licensees under the Sales Finance Agency Act. Provides that if ownership of a currency exchange changes, a new investigation fee or licensee fee must be paid. Authorizes the Department to conduct investigations under the Currency Exchange Act with other state and federal agencies. FISCAL NOTE (Department of Financial Institutions) SB 862 would have a minimal fiscal impact on the Department. FEB-21-2001 S FIRST READING FEB-21-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-28-2001 S ASSIGNED TO COMMITTEE FIN INST MAR-08-2001 S DO PASS 008-000-000 SFIC MAR-08-2001 S PLACED ON CALENDAR ORDER OF 2ND READING 01-03-20 MAR-20-2001 S SECOND READING MAR-20-2001 S PLACED ON CALENDAR ORDER OF 3RD READING 01-03-21 MAR-22-2001 S FILED WITH SECRETARY MAR-22-2001 S AMENDMENT NO. 01-O'MALLEY MAR-22-2001 S AMENDMENT REFERRED TO SRUL MAR-27-2001 S THIRD READING - PASSED 056-000-000 MAR-27-2001 S TABLED PURSUANT TO RULE 5-4(A) SA 01 MAR-27-2001 S THIRD READING - PASSED 056-000-000 MAR-27-2001 H ARRIVE IN HOUSE MAR-27-2001 H PLACED CALENDAR ORDER OF FIRST READING MAR-29-2001 H HOUSE SPONSOR TENHOUSE MAR-29-2001 H FIRST READING MAR-29-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES APR-18-2001 H ASSIGNED TO COMMITTEE FIN INSTIT APR-24-2001 H ALTERNATE PRIMARY SPONSOR CHANGED TO MEYER APR-25-2001 H DO PASS/SHORT DEBATE 016-000-000 HFIN APR-25-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAY-02-2001 H FISCAL NOTE REQUESTED DAVIS,MONIQUE MAY-02-2001 H CALENDAR ORDER 2ND READING-SHORT DEBATE MAY-09-2001 H FISCAL NOTE FILED MAY-09-2001 H CALENDAR ORDER 2ND READING-SHORT DEBATE MAY-16-2001 H SECOND READING-SHORT DEBATE MAY-16-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-18-2001 H 3RD RDG. DEADLINE EXTENDED-RULE 9(B)- MAY 25, 2001 MAY-18-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-21-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAY-23-2001 H THIRD READING/SHORT DEBATE/PASSED 072-038-003 MAY-23-2001 S PASSED BOTH HOUSES JUN-21-2001 S SENT TO THE GOVERNOR AUG-16-2001 S GOVERNOR APPROVED AUG-16-2001 S EFFECTIVE DATE 02-01-01 AUG-16-2001 S PUBLIC ACT.............................. 92-0398 END OF INQUIRY Full Text Bill Summary