# Illinois SB3903: FINANCIAL REG-FEES-INVESTIGATE

Illinois SB3903, FINANCIAL REG-FEES-INVESTIGATE, is a 104th General Assembly (2025–2026) Senate bill sponsored by Mark L. Walker (Democratic); status in committee, last action 2026-04-17 (Rule 3-9(a) / Re-referred to Assignments) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-SB3903-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois SB3903
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: FINANCIAL REG-FEES-INVESTIGATE
- Status: in committee
- Chamber: Senate
- Introduced: 2026-02-06
- Last action: 2026-04-17, Rule 3-9(a) / Re-referred to Assignments
- Sponsor: Mark L. Walker (Democratic)
- Cosponsors: 0
- Subjects: assignments, financial institutions
- Touches household money: no
- Roll calls: 2 (15 yes, 0 no in all)
- Economic provisions PRIA read: 0

## 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

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Mark L. Walker (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-25 | Senate | Senate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; | pass | 8 | 0 |   |
| 2026-03-04 | Senate | Do Pass Financial Institutions; | pass | 7 | 0 |   |

## Actions (14)

- 2026-04-17: Rule 3-9(a) / Re-referred to Assignments (Senate)
- 2026-03-25: Placed on Calendar Order of 3rd Reading March 26, 2026 (Senate)
- 2026-03-25: Senate Floor Amendment No. 1 Adopted; Walker (Senate)
- 2026-03-25: Second Reading (Senate)
- 2026-03-25: Senate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 008-000-000 (Senate)
- 2026-03-24: Senate Floor Amendment No. 1 Assignments Refers to Financial Institutions (Senate)
- 2026-03-19: Senate Floor Amendment No. 1 Referred to Assignments (Senate)
- 2026-03-19: Senate Floor Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker (Senate)
- 2026-03-04: Placed on Calendar Order of 2nd Reading March 5, 2026 (Senate)
- 2026-03-04: Do Pass Financial Institutions; 007-000-000 (Senate)
- 2026-02-24: Assigned to Financial Institutions (Senate)
- 2026-02-06: Referred to Assignments (Senate)
- 2026-02-06: First Reading (Senate)
- 2026-02-06: Filed with Secretary by Sen. Mark L. Walker (Senate)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3903.pdf)
- Senate Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3903sam001.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
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3903.pdf)
- [Senate Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3903sam001.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-SB3903-2025-2026 (as of 2026-11-01).