# Illinois HB4814: DEBT MANAGEMENT LICENSE & FEES Illinois HB4814, DEBT MANAGEMENT LICENSE & FEES, is a 104th General Assembly (2025–2026) House bill sponsored by no sponsor on record; status passed house, last action 2026-07-02 (Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/IL-HB4814-2025-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Illinois HB4814 - State: Illinois - Session: 104th General Assembly (2025–2026) - Title: DEBT MANAGEMENT LICENSE & FEES - Status: passed house - Chamber: House - Introduced: 2026-02-03 - Last action: 2026-07-02, Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments - Sponsors: no sponsor on record - Cosponsors: 4 - Subjects: financial institutions and licensing, assignments - Touches household money: yes - Roll calls: 3 (96 yes, 34 no in all) - Economic provisions PRIA read: 0 ## 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. ## Bill overview No economic impacts identified for this bill. ## Sponsors and cosponsors - Cosponsor: Daniel Didech (Democratic), House - Cosponsor: Don Harmon (Democratic), Senate - Cosponsor: Jawaharial Williams (Democratic), House - Cosponsor: Justin Cochran (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-14 | House | Third Reading - Short Debate - Passed | pass | 74 | 34 | | | 2026-04-07 | House | House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; | pass | 10 | 0 | | | 2026-03-24 | House | Do Pass / Short Debate Financial Institutions and Licensing Committee; | pass | 12 | 0 | | ## Actions (33) - 2026-07-02: Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments (Senate) - 2026-06-01: Rule 3-9(a) / Re-referred to Assignments (Senate) - 2026-05-22: Rule 2-10 Third Reading Deadline Established As May 31, 2026 (Senate) - 2026-05-21: Senate Floor Amendment No. 1 Assignments Refers to Executive (Senate) - 2026-05-21: Placed on Calendar Order of 3rd Reading May 25, 2026 (Senate) - 2026-05-21: Second Reading (Senate) - 2026-05-20: Senate Floor Amendment No. 1 Referred to Assignments (Senate) - 2026-05-20: Senate Floor Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker (Senate) - 2026-05-20: Alternate Chief Sponsor Changed to Sen. Don Harmon (Senate) - 2026-05-20: Placed on Calendar Order of 2nd Reading May 21, 2026 (Senate) - 2026-05-20: Approved for Consideration Assignments (Senate) - 2026-04-15: Referred to Assignments (Senate) - 2026-04-15: First Reading (Senate) - 2026-04-15: Chief Senate Sponsor Sen. Mark L. Walker (Senate) - 2026-04-15: Placed on Calendar Order of First Reading (Senate) - 2026-04-15: Arrive in Senate (Senate) - 2026-04-14: Third Reading - Short Debate - Passed 074-034-000 (House) - 2026-04-14: Placed on Calendar Order of 3rd Reading - Short Debate (House) - 2026-04-14: House Floor Amendment No. 1 Adopted (House) - 2026-04-10: Held on Calendar Order of Second Reading - Short Debate (House) - 2026-04-10: Second Reading - Short Debate (House) - 2026-04-08: Added Chief Co-Sponsor Rep. Jawaharial Williams (House) - 2026-04-07: House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 010-000-000 (House) - 2026-04-06: Added Chief Co-Sponsor Rep. Justin Cochran (House) - 2026-03-26: House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee (House) - 2026-03-25: House Floor Amendment No. 1 Referred to Rules Committee (House) - 2026-03-25: House Floor Amendment No. 1 Filed with Clerk by Rep. Daniel Didech (House) - 2026-03-25: Placed on Calendar 2nd Reading - Short Debate (House) - 2026-03-24: Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000 (House) - 2026-03-04: Assigned to Financial Institutions and Licensing Committee (House) - 2026-02-06: Referred to Rules Committee (House) - 2026-02-06: First Reading (House) - 2026-02-03: Filed with the Clerk by Rep. Daniel Didech (House) ## Bill text - Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4814eng.pdf) - House Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4814ham001.pdf) - Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4814.pdf) - Senate Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4814sam001.pdf) ## Related bills - HB5198: AFFORDABLE HOUSING-CILAS (passed house) - SB1937: PENSION CODE-VARIOUS (passed senate) - HB2563: CONDO-RESERVE STUDY (in committee) - HB4701: LIMITATIONS FACILITY FEES ACT (in committee) - SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate) - SB3484: VEH CD-PLATES-REGISTRATION (signed) ## Sources - [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4814eng.pdf) - [House Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4814ham001.pdf) - [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4814.pdf) - [Senate Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4814sam001.pdf) ## Related - [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026) - [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026) - [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026) - [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026) - [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026) - [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026) - [Illinois bills](https://policyrisk.com/states/illinois/bills) - [Illinois state hub](https://policyrisk.com/states/illinois) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/IL-HB4814-2025-2026 (as of 2026-11-01).