Illinois General Assembly - Bill Status for HB5205
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 Bill Status of HB5205  100th General Assembly


House Sponsors
Rep. Mr. Nicholas K Smith and Marcus C. Evans, Jr.

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 405/19.3from Ch. 17, par. 4838

Synopsis As Introduced
Amends the Currency Exchange Act. Provides the maximum rates to be charged by community and ambulatory currency exchanges for cashing any check or issuing any money order. Provides that no community or ambulatory currency exchange shall charge a fee for cashing any check or issuing any money order in excess of the maximum rates. Deletes language requiring the Secretary of Financial and Professional Regulation to formulate and issue schedules of reasonable maximum rates for check cashing and money orders.

DateChamber Action
  2/15/2018HouseFiled with the Clerk by Rep. Nicholas K Smith
  2/16/2018HouseFirst Reading
  2/16/2018HouseReferred to Rules Committee
  2/28/2018HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
  1/8/2019HouseSession Sine Die

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