FINANCIAL INST CURRENCY EXCH
Summary
Amends the Financial Institutions Code. Creates a Supervisor of Consumer Credit and a Supervisor of Title Insurance. Removes the Supervisor of Consumer Finance Business and the Supervisor of Sales Finance Agencies. Amends the Currency Exchange Act. Removes language requiring a licensee to file an annual report, annual bonds, and insurance policies at the same time the licensee pays his or her annual license fees. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2016
Committee Review
May 2016
House Passage
May 2016
Senate Passage
May 2016
Signed into Law
Jul 2016
Introduced Apr 14, 2016
Signed Jul 15, 2016
Floor votes · Senate May 24, 2016 · House Apr 13, 2016
How they voted
43–0
Passed · 3 other
Total votes 46
May 24, 2016
D
Democratic28
96% Yea
R
Republican18
88% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
33
Key actions
7
Committee
9
Amendments
4
Jul 15, 2016
Signed into law
Governor Approved
lower
May 24, 2016
Lower · Passed
Passed Both Houses
lower
May 5, 2016
Upper · Passed
Do Pass Financial Institutions; 006-000-000
upper
Apr 27, 2016
Committee
Assigned to Financial Institutions
upper
Apr 14, 2016
Committee
Referred to Assignments
upper
Apr 14, 2016
Introduced
Arrive in Senate
upper
Apr 13, 2016
House · Passed
House Vote: pass (96-0-2)
house
Apr 12, 2016
Lower · Passed
House Floor Amendment No. 2 Adopted
lower
Mar 28, 2016
Lower · Passed
House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000
lower
Mar 3, 2016
Committee
House Floor Amendment No. 2 Referred to Rules Committee
lower
Mar 3, 2016
Introduced
House Floor Amendment No. 2 Filed with Clerk by Rep. Adam Brown
lower
Mar 1, 2016
Amended
House Committee Amendment No. 1 Tabled Pursuant to Rule 40
lower
Mar 1, 2016
Lower · Passed
Do Pass / Short Debate Financial Institutions Committee; 019-000-000
lower
Feb 24, 2016
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Feb 24, 2016
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Adam Brown
lower
Feb 16, 2016
Committee
Assigned to Financial Institutions Committee
lower
Feb 1, 2016
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 4614
Scope: IL
Hi! I can help you understand HB 4614. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline