92nd General Assembly
Status of SB0862
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   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               


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