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STATE BILLIL HB 5384PASSED
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FINANCIAL REG-FEES-INVESTIGATE

State of Illinois

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.

Status
Passed
Signed or otherwise enacted
Status date
Jun 26, 2026
139 days ago
Current chamber
House of Representatives
Session
2025-2026 Regular Session
IL HB 5384 · PassedJun 26

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Bill details

Last action
Public Act . . . . . . . . . 104-0520 · Jun 26, 2026

Sponsors

MCMargaret CrokeRepresentative · Democrat · HD-012Primary sponsor
MWMark WalkerSenator · Democrat · SD-027Primary sponsor

Bill history

Newest first.

Jun 26, 2026Public Act . . . . . . . . . 104-0520House
Jun 26, 2026Effective Date June 26, 2026House
Jun 26, 2026Governor ApprovedHouse
Jun 12, 2026Sent to the GovernorHouse
May 14, 2026Passed Both HousesHouse
May 14, 2026Third Reading - Passed; 038-019-000Senate
Apr 30, 2026Placed on Calendar Order of 3rd Reading May 5, 2026Senate
Apr 30, 2026Second ReadingSenate
Show 21 earlier actions
Apr 22, 2026Placed on Calendar Order of 2nd Reading April 28, 2026Senate
Apr 22, 2026Approved for Consideration AssignmentsSenate
Apr 16, 2026Referred to AssignmentsSenate
Apr 16, 2026First ReadingSenate
Apr 16, 2026Chief Senate Sponsor Sen. Mark L. WalkerSenate
Apr 10, 2026Placed on Calendar Order of First Reading April 14, 2026Senate
Apr 10, 2026Arrive in SenateSenate
Apr 9, 2026Third Reading - Short Debate - Passed 070-036-000House
Apr 7, 2026Placed on Calendar Order of 3rd Reading - Short DebateHouse
Apr 7, 2026Second Reading - Short DebateHouse
Apr 7, 2026House Floor Amendment No. 1 AdoptedHouse
Mar 24, 2026House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 008-004-000House
Mar 24, 2026House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing CommitteeHouse
Mar 23, 2026House Floor Amendment No. 1 Referred to Rules CommitteeHouse
Mar 23, 2026House Floor Amendment No. 1 Filed with Clerk by Rep. Margaret CrokeHouse
Mar 19, 2026Placed on Calendar 2nd Reading - Short DebateHouse
Mar 18, 2026Do Pass / Short Debate Financial Institutions and Licensing Committee; 007-003-000House
Feb 24, 2026Assigned to Financial Institutions and Licensing CommitteeHouse
Feb 10, 2026Referred to Rules CommitteeHouse
Feb 10, 2026First ReadingHouse
Feb 6, 2026Filed with the Clerk by Rep. Margaret CrokeHouse

Recorded votes

House Financial Institutions & Licensing CommitteeMar 18, 2026 · House · 7 yea · 3 nayPassed
House Financial Institutions & Licensing CommitteeMar 24, 2026 · House · 8 yea · 4 nayPassed
House Third ReadingApr 9, 2026 · House · 70 yea · 36 nayPassed
Senate Third ReadingMay 14, 2026 · Senate · 38 yea · 19 nayPassed

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

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Bill data from LegiScan, licensed under CC BY 4.0.

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