Illinois General Assembly - Bill Status for SB0644
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 Bill Status of SB0644  102nd General Assembly


Short Description:  COLLECTION AGENCY ACT-FUND

Senate Sponsors
Sen. Laura Ellman

Last Action
DateChamber Action
  4/23/2021SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
225 ILCS 425/4.5
225 ILCS 425/8afrom Ch. 111, par. 2011a


Synopsis As Introduced
Amends the Collection Agency Act by changing references to the General Professions Dedicated Fund to refer to the Financial Institution Fund. Provides that any fees collected and deposited into the General Professions Dedicated Fund for Fiscal Year 2021 may be transferred by the Department of Financial and Professional Regulation to the Financial Institution Fund. Effective immediately.

Senate Committee Amendment No. 2
Replaces everything after the enacting clause with the provisions of the introduced bill with the following changes. Provides that after the effective date of the amendatory Act, the Department of Financial and Professional Regulation may transfer any fees collected under the Collection Agency Act from the General Professions Dedicated Fund to the Financial Institution Fund. Removes a provision that provides that any fees collected and deposited into the General Professions Dedicated Fund for Fiscal Year 2021 may be transferred by the Department of Financial and Professional Regulation to the Financial Institution Fund. Effective immediately.

Actions 
DateChamber Action
  2/24/2021SenateFiled with Secretary by Sen. Laura Ellman
  2/24/2021SenateFirst Reading
  2/24/2021SenateReferred to Assignments
  3/9/2021SenateAssigned to Financial Institutions
  3/16/2021SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Ellman
  3/16/2021SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/23/2021SenateSenate Committee Amendment No. 1 Assignments Refers to Financial Institutions
  4/9/2021SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Laura Ellman
  4/9/2021SenateSenate Committee Amendment No. 2 Referred to Assignments
  4/13/2021SenateSenate Committee Amendment No. 2 Assignments Refers to Financial Institutions
  4/14/2021SenateSenate Committee Amendment No. 1 Postponed - Financial Institutions
  4/14/2021SenateSenate Committee Amendment No. 2 Adopted
  4/15/2021SenateDo Pass as Amended Financial Institutions; 008-000-000
  4/15/2021SenatePlaced on Calendar Order of 2nd Reading April 20, 2021
  4/16/2021SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
  4/20/2021SenateSecond Reading
  4/20/2021SenatePlaced on Calendar Order of 3rd Reading April 21, 2021
  4/23/2021SenateRule 3-9(a) / Re-referred to Assignments

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