All Roll Calls
Yes: 96 • No: 34
IllinoisHB4814104th General Assembly (2025–2026)House
DEBT MANAGEMENT LICENSE & FEES
Sponsored By: Daniel Didech (Democratic)
Passed
Summary
Amends the Debt Management Service Act. Provides that every applicant for a license to engage in the debt management service business in the State shall submit to the Secretary, at the time of the application for a license, a bond to be approved by the Secretary in which the applicant shall be the obligor, in the sum of $50,000 (rather than $25,000) or the specified amount. In provisions concerning fees or penalties that may be charged by a debt management service provider, permits the charging of additional fees at the completion of the initial counseling services, which shall not exceed: (A) 15% of the amount disbursed monthly to creditors or $75, whichever is less, if there are fewer than 6 creditors enrolled in the debt management plan; or (B) 15% of the amount disbursed monthly to creditors or $100, whichever is less, if there are 6 or more creditors enrolled in the debt management plan.
financial institutions and licensingassignments
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Daniel Didech
Democratic • House
Cosponsors
Don Harmon
Democratic • Senate
Jawaharial Williams
Democratic • House
Justin Cochran
Democratic • House
Roll Call Votes
House vote • 4/14/2026
Third Reading - Short Debate - Passed
Yes: 74 • No: 34
House vote • 4/7/2026
House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee;
Yes: 10 • No: 0
House vote • 3/24/2026
Do Pass / Short Debate Financial Institutions and Licensing Committee;
Yes: 12 • No: 0
Actions Timeline
Rule 3-9(a) / Re-referred to Assignments
6/1/2026SenateRule 2-10 Third Reading Deadline Established As May 31, 2026
5/22/2026SenateSenate Floor Amendment No. 1 Assignments Refers to Executive
5/21/2026SenatePlaced on Calendar Order of 3rd Reading May 25, 2026
5/21/2026SenateSecond Reading
5/21/2026SenateSenate Floor Amendment No. 1 Referred to Assignments
5/20/2026SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker
5/20/2026SenateAlternate Chief Sponsor Changed to Sen. Don Harmon
5/20/2026SenatePlaced on Calendar Order of 2nd Reading May 21, 2026
5/20/2026SenateApproved for Consideration Assignments
5/20/2026SenateReferred to Assignments
4/15/2026SenateFirst Reading
4/15/2026SenateChief Senate Sponsor Sen. Mark L. Walker
4/15/2026SenatePlaced on Calendar Order of First Reading
4/15/2026SenateArrive in Senate
4/15/2026SenateThird Reading - Short Debate - Passed 074-034-000
4/14/2026HousePlaced on Calendar Order of 3rd Reading - Short Debate
4/14/2026HouseHouse Floor Amendment No. 1 Adopted
4/14/2026HouseHeld on Calendar Order of Second Reading - Short Debate
4/10/2026HouseSecond Reading - Short Debate
4/10/2026HouseAdded Chief Co-Sponsor Rep. Jawaharial Williams
4/8/2026HouseHouse Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 010-000-000
4/7/2026HouseAdded Chief Co-Sponsor Rep. Justin Cochran
4/6/2026HouseHouse Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
3/26/2026HouseHouse Floor Amendment No. 1 Referred to Rules Committee
3/25/2026House
Bill Text
Engrossed
House Amendment 1
Introduced
Senate Amendment 1
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