# Illinois HB5384: FINANCIAL REG-FEES-INVESTIGATE Illinois HB5384, FINANCIAL REG-FEES-INVESTIGATE, is a 104th General Assembly (2025–2026) House bill sponsored by no sponsor on record; status signed, last action 2026-06-26 (Public Act . . . . . . . . . 104-0520); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/IL-HB5384-2025-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Illinois HB5384 - State: Illinois - Session: 104th General Assembly (2025–2026) - Title: FINANCIAL REG-FEES-INVESTIGATE - Status: signed - Chamber: House - Introduced: 2026-02-06 - Last action: 2026-06-26, Public Act . . . . . . . . . 104-0520 - Sponsors: no sponsor on record - Cosponsors: 2 - Subjects: financial institutions and licensing, assignments - Touches household money: yes - Roll calls: 4 (123 yes, 62 no in all) - Economic provisions PRIA read: 3 ## Summary 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. ## Bill overview: provisions PRIA read - Higher late-year loan license fees: cost, low. Consumer installment loan license applicants who file after June 30 must pay the full $450 annual license fee for that calendar year. The former option to pay half the annual fee is removed. The $300 application fee remains. - Financial firms pay oversight costs: cost, low. Currency exchange, sales finance, debt service, lending, payday loan, and safety deposit businesses must cover the costs of administering their laws. These costs include licensing, investigations, and examinations. The Secretary sets how fees are assessed and may set or change fee amounts by rule.… - Fewer required financial business inspections: mixed, low. The law removes required yearly examinations for currency exchanges, sales finance firms, and installment lenders. It also removes the requirement to inspect safety deposit businesses during each license period. The Department or Director can still inspect or examine these businesses at any time. I… ## Sponsors and cosponsors - Cosponsor: Margaret Croke (Democratic), House - Cosponsor: Mark L. Walker (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-05-14 | Senate | Third Reading - Passed; | pass | 38 | 19 | | | 2026-04-09 | House | Third Reading - Short Debate - Passed | pass | 70 | 36 | | | 2026-03-24 | House | House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; | pass | 8 | 4 | | | 2026-03-18 | House | Do Pass / Short Debate Financial Institutions and Licensing Committee; | pass | 7 | 3 | | ## Actions (29) - 2026-06-26: Public Act . . . . . . . . . 104-0520 (House) - 2026-06-26: Effective Date June 26, 2026 (House) - 2026-06-26: Governor Approved (House) - 2026-06-12: Sent to the Governor (House) - 2026-05-14: Passed Both Houses (House) - 2026-05-14: Third Reading - Passed; 038-019-000 (Senate) - 2026-04-30: Placed on Calendar Order of 3rd Reading May 5, 2026 (Senate) - 2026-04-30: Second Reading (Senate) - 2026-04-22: Placed on Calendar Order of 2nd Reading April 28, 2026 (Senate) - 2026-04-22: Approved for Consideration Assignments (Senate) - 2026-04-16: Referred to Assignments (Senate) - 2026-04-16: First Reading (Senate) - 2026-04-16: Chief Senate Sponsor Sen. Mark L. Walker (Senate) - 2026-04-10: Placed on Calendar Order of First Reading April 14, 2026 (Senate) - 2026-04-10: Arrive in Senate (Senate) - 2026-04-09: Third Reading - Short Debate - Passed 070-036-000 (House) - 2026-04-07: Placed on Calendar Order of 3rd Reading - Short Debate (House) - 2026-04-07: Second Reading - Short Debate (House) - 2026-04-07: House Floor Amendment No. 1 Adopted (House) - 2026-03-24: House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 008-004-000 (House) - 2026-03-24: House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee (House) - 2026-03-23: House Floor Amendment No. 1 Referred to Rules Committee (House) - 2026-03-23: House Floor Amendment No. 1 Filed with Clerk by Rep. Margaret Croke (House) - 2026-03-19: Placed on Calendar 2nd Reading - Short Debate (House) - 2026-03-18: Do Pass / Short Debate Financial Institutions and Licensing Committee; 007-003-000 (House) - 2026-02-24: Assigned to Financial Institutions and Licensing Committee (House) - 2026-02-10: Referred to Rules Committee (House) - 2026-02-10: First Reading (House) - 2026-02-06: Filed with the Clerk by Rep. Margaret Croke (House) ## Bill text - Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5384eng.pdf) - Enrolled: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5384enr.pdf) - House Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5384ham001.pdf) - Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5384.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/10400HB5384eng.pdf) - [Enrolled (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5384enr.pdf) - [House Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5384ham001.pdf) - [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5384.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-HB5384-2025-2026 (as of 2026-11-01).