All Roll Calls
Yes: 123 • No: 62
Sponsored By: Sponsor information unavailable
Became Law
Amends the Currency Exchange Act. Removes provisions requiring the Secretary of Financial and Professional Regulation to investigate a currency exchange business at least once in each year and to review and report on the cost of operation of the Currency Exchange Section. Establishes fee-setting provisions for the administration of the Act. Amends the Sales Finance Agency Act, the Consumer Installment Loan Act, and the Safety Deposit License Act. Makes changes to the authority of the Secretary and the Director of the Division of Financial Institutions to examine and investigate a business to determine if it is in compliance with those Acts. Establishes fee-setting provisions for the administration of those Acts. Amends the Debt Management Service Act, the Debt Settlement Consumer Protection Act, and the Payday Loan Reform Act. Establishes fee-setting provisions for the administration of those Acts. Makes other changes. Effective immediately.
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7 provisions identified: 2 benefits, 3 costs, 2 mixed.
You must pay a $300 application fee and a $450 yearly license fee (or $225 if first filed after June 30). You must keep at least $30,000 in positive net worth. You must maintain a $25,000 surety bond, and the Director can require more with 30 days’ notice. The Director examines each licensee at least once a year and sets exam fees to reflect actual costs, including travel.
The Secretary sets maximum fees for check cashing and money orders. Exchanges must post all service fees where customers can see them. Exchanges may charge less than the cap if they file their own lower fee schedule. Petitions to raise caps can be filed only after nine months, and must be joined by at least one‑quarter of community exchange licensees or ambulatory operators serving at least 100 locations.
The Secretary can inspect any currency exchange anytime and must inspect at least once a year. Each exchange must file an annual sworn report by March 1 for the prior year. You must pay exam fees of $250 per examiner per day (or part), or $150 per day for ambulatory exchanges. The Secretary can also set and change other fees by rule to cover program costs.
Debt management, debt settlement, and payday lending businesses must pay the Department’s costs to run their programs, including licensing, investigations, and exams. The Secretary sets fee categories and amounts by rule and can change them. A general rule also lets the Secretary assign administrative costs to regulated businesses and amend fees over time.
Sales finance licensees are examined at least once a year, and you must pay exam costs under a fee schedule that reflects real costs. The Secretary can set and change other administrative fees by rule. If at least 20 licensed people, or an association representing 20, ask, the Department meets with the industry once each year to discuss fees, rules, and issues.
The Director inspects safety deposit licensees at least once each license period and keeps public inspection records. If a license is revoked for noncompliance, the business cannot get a new license for six months. The Secretary can set and change fees by rule to cover administrative costs.
If at least 20 licensed people, or an association for 20, ask, the Department meets with the consumer installment industry once a year. The meeting covers developments, fees, rules, and other issues.
There is no primary sponsor on record.
Margaret Croke
Affiliation unavailable
Mark L. Walker
Affiliation unavailable
All Roll Calls
Yes: 123 • No: 62
Senate vote • 5/14/2026
Third Reading - Passed;
Yes: 38 • No: 19
House vote • 4/9/2026
Third Reading - Short Debate - Passed
Yes: 70 • No: 36
House vote • 3/24/2026
House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee;
Yes: 8 • No: 4
House vote • 3/18/2026
Do Pass / Short Debate Financial Institutions and Licensing Committee;
Yes: 7 • No: 3
Public Act . . . . . . . . . 104-0520
Effective Date June 26, 2026
Governor Approved
Sent to the Governor
Passed Both Houses
Third Reading - Passed; 038-019-000
Placed on Calendar Order of 3rd Reading May 5, 2026
Second Reading
Placed on Calendar Order of 2nd Reading April 28, 2026
Approved for Consideration Assignments
Referred to Assignments
First Reading
Chief Senate Sponsor Sen. Mark L. Walker
Placed on Calendar Order of First Reading April 14, 2026
Arrive in Senate
Third Reading - Short Debate - Passed 070-036-000
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
House Floor Amendment No. 1 Adopted
House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 008-004-000
House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
House Floor Amendment No. 1 Referred to Rules Committee
House Floor Amendment No. 1 Filed with Clerk by Rep. Margaret Croke
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Financial Institutions and Licensing Committee; 007-003-000
Engrossed
Enrolled
House Amendment 1
Introduced
SB3213, ELECTRONIC PRESCRIPTIONS
Amends the Pharmacy Practice Act. Provides that prescriptions for drugs in Schedule II of the Illinois Controlled Substances Act may be transferred only once and may not be further transferred, consistent with federal regulations. Amends the Illinois Controlled Substances Act. Provides that the prescriber shall not be required to issue prescriptions electronically if the prescriptions need to be filled outside of typical retail pharmacy operating hours or may be difficult to obtain because of drug shortages or pharmacy inventory limitations. Effective immediately.
SB2951, MORTGAGE FORECLOSURE TIME
Amends the Code of Civil Procedure. Provides that any indebtedness of any kind that is secured by a mortgage or deed of trust in the nature of a mortgage has a 10-year period to commence an action. Amends the Probate Act of 1975. Provides that in any proceeding to sell or mortgage real estate, if the secured creditors cannot be satisfied in full, then the court shall not direct the sale without the secured creditors' approval to accept partial satisfaction; and if the secured creditors cannot be satisfied in full, a sale of the property is not considered necessary for the proper administration of the estate. Effective immediately.
SB3465, CONSTRUCTION-SANITARY REQS
Amends the Construction Site Temporary Restroom Facility Act. Changes the Act's short title to the Construction Site Temporary Restroom Facility and Sanitary Conditions for Menstruation and Lactation Act. Repeals a provision which specifies that separate toileting facilities are not required for males and females if individual portable toilet facilities are used by an owner of a portable building or building under construction to provide access to a restroom. Provides that, if a woman or an individual who menstruates is present on a work site and there are 10 or more workers of any gender at the work site, then a separate toilet facility shall be provided at the work site and designated for use by women and individuals who menstruate. Requires employers in the construction industry to provide their workers who menstruate and are performing construction activities on a work site with minimum sanitary conditions. Describes the required minimum sanitary conditions. Requires employers in the construction industry, upon request, to provide their workers who are lactating and performing construction activities on a work site with reasonable accommodations needed to express breast milk. Describes reasonable accommodations for lactation. Provides that, on or before January 1, 2027, the Department of Public Health shall provide guidance to employers on the accommodations to be provided. Authorizes employees of construction sites to call the certified local public health agency with jurisdiction over a construction site to request an inspection if noncompliance with the Act is suspected. Prohibits retaliation by employers if a call is made by an employee on a construction site for suspected noncompliance with the Act. Provides that any owner who fails or refuses to comply with the provisions of the Act commits a petty offense and is subject to a fine to be determined by the certified local public health agency (rather than only being subject to a petty offense). Defines "employer". Effective immediately.
SB3211, TELEDENTISTRY EXAMINATIONS
Amends the Illinois Dental Practice Act. In provisions concerning teledentistry, provides that an initial examination for new patients, excluding patients seeking orthodontic treatment, may be conducted through teledentistry if the authorizing dentist establishes a bona fide dentist-patient relationship by reviewing the patient's medical and dental history and verifying both the patient's identity and physical location to ensure that dental care is being administered within the State. Provides that an initial examination for orthodontia treatment shall be performed in person only. Requires an in-person clinical examination to be performed immediately before providing or authorizing services or treatments to patients that are not reversible. Provides that, for ongoing dentist-patient relationships, dentists shall strongly encourage patients to be seen in person at least annually. Makes other changes.
SB3707, VISION BENEFIT MANAGERS
Amends the Illinois Insurance Code. Creates the Vision Benefit Managers Article. Beginning on July 1, 2026, requires a vision benefit manager to be registered with the Department of Insurance, as specified, to conduct business in the State. Requires amounts collected under provisions concerning vision benefit manager registration requirements to be deposited into the Low-Income Student Vision Examination Fund, which is created as a special fund in the State treasury. Grants the Director or the Director's designee the authority to examine a registered vision benefit manager related to all of its lines of business. Amends the Vision Care Plan Regulation Act. Changes the name of the Act to the Vision Benefit Manager Regulation Act. Establishes the legislative intent of the Act. Makes changes to defined terms. Throughout the Act, replaces references to vision care plans with vision benefit plans and vision benefit discount plans and vision care organizations with vision benefit managers. Sets forth provisions concerning required actions for noncovered services; fee schedules for eye care providers; reimbursement paid by a vision benefit manager to an eye care provider; application of the Act to a specified limited health service organization; an eye care provider's choice of vendors and affiliations; the modification of a plan; audits of an eye care provider; prohibited conduct impacting patient access and choice; credentialing; termination of agreements; prohibition on security interests; arbitration costs; nonretaliation; and private rights of action. Amends the Consumer Fraud and Deceptive Business Practices Act and the State Finance Act to make conforming changes. Effective January 1, 2027.
SB3403, PEN CD-BD OF INVESTMENT AUDIT
Amends the Investment Board Article of the Illinois Pension. Provides that, if the Illinois State Board of Investment has not received a required audit opinion by December 15, the Board shall not be considered in violation of a provision requiring an annual report to each pension fund, retirement system, or education fund under the Board's jurisdiction within 6 months after the close of each fiscal year. Effective immediately.