FINANCIAL REG-FEES-INVESTIGATE
In plain English Removes annual investigation requirements for currency exchanges and establishes new fee-setting provisions for financial regulation agencies.
Official synopsis: 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…
Became lawPublic Act . . . . . . . . . 104-0520 · 2026-06-26
CONGRATS-LAZARO LOPEZ, ED.D.
Congratulates Lazaro Lopez, Ed.D. on the conclusion of his distinguished career with High School District 214, marked by his dedicated service to public education and the State of Illinois. Thanks him for helping shape the futures of thousands of students while strengthening pathways to the…
Became lawResolution Adopted · 2026-06-01
TIF-Various
Amends the Illinois Municipal Code. Provides that no redevelopment plan shall be adopted unless the plan establishes a process for allocating funds for the project that includes the members of the join review board. Provides that municipalities may use some of the tax revenue attributable…
Not out of committeeRule 3-9(a) / Re-referred to Assignments · 2026-05-22
PROP TX-FARMLAND VALUATION
Amends the Property Tax Code. Makes changes concerning certifications by the Department of Revenue for the purpose of establishing guidelines and valuations for farmland. Provides that cropland, permanent pasture, and other farmland shall be defined according to guidelines issued by the Department of Revenue (currently,…
Not out of committeeReferred to Assignments · 2026-05-13
PEN CD-PENSION FUND REGULATION
In plain English Allows the Public Pension Division to optionally provide advisory services to pension funds and make legislative recommendations, among other changes.
Official synopsis: Amends the Regulation of Public Pension Funds Article of the Illinois Pension Code. Provides that the Public Pension Division of the Department of Insurance may (instead of shall) render advisory services to the pension funds on all matters pertaining to their operations. Provides that recommendations…
Passed one chamberReferred to Assignments · 2026-04-30
TITLE INSURANCE-VARIOUS
Amends the Title Insurance Act. Makes changes to defined terms. Prohibits any person from acting as a title insurance agent unless that person: (i) has been issued a license by the Secretary of Financial and Professional Regulation; and (ii) is registered with the Department of…
Not out of committeeRule 3-9(a) / Re-referred to Assignments · 2026-04-24
FINANCIAL REG-FEES-INVESTIGATE
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…
Out of committeeRule 3-9(a) / Re-referred to Assignments · 2026-04-17
INS-FINANCIAL REGULATION FEES
Amends the Illinois Insurance Code. Makes changes to the annual financial regulation fee charged and collected from every domestic company and foreign or alien company, except fraternal benefit societies. Provides that those financial regulation fees shall not exceed $500,000 (instead of $250,000) in the aggregate…
Not out of committeeReferred to Assignments · 2026-02-04
REVENUE-TECH
Amends the Property Tax Code. Makes a technical change in a Section concerning the short title.
Not out of committeeReferred to Assignments · 2026-02-03
INTERCHANGE FEE-REPEAL
Repeals the Interchange Fee Prohibition Act. Effective immediately.
Not out of committeeReferred to Assignments · 2026-02-02
DIGITAL ASSETS & CONS PROT ACT
Reinserts the provisions of the bill, as amended by Senate Amendment No. 1, with changes that include the following. Provides that "digital asset business activity" does not include (1) peer-to-peer exchanges or transfers of digital assets, (2) decentralized exchanges facilitating peer-to-peer exchanges or transfers solely…
Became lawPublic Act . . . . . . . . . 104-0428 · 2025-08-18
COLLECTION AGENCY ACT
Amends the Regulatory Sunset Act. Removes the Collection Agency Act from the list of Acts being repealed under the Act. Amends the Collection Agency Act. Makes changes concerning defined terms; exempt persons and entities under the Act; unlicensed practice; disciplinary actions; communication; informal conferences; penalties;…
Became lawPublic Act . . . . . . . . . 104-0149 · 2025-08-01
BANKING&PROBATE-FINANCE/NOTICE
Amends the Illinois Banking Act. In provisions concerning customer financial records and confidentiality, provides that the language does not prohibit the furnishing of financial information to the executor, executrix, administrator, or other lawful representative of the estate of a customer. Amends the Savings Bank Act…
Became lawPublic Act . . . . . . . . . 104-0123 · 2025-08-01
REAL PROP CONSERVATION RIGHTS
Amends the Real Property Conservation Rights Act. Provides that a conservation right includes preserving cultural heritage sites. Provides that any owner of real property in the State may convey a conservation right in such real property to a federally recognized Indian tribe or a State-recognized…
Became lawPublic Act . . . . . . . . . 104-0049 · 2025-08-01
REGULATION-TECH
Amends the Interchange Fee Prohibition Act by changing the effective date of the Act to July 1, 2026 (currently, July 1, 2025). Effective immediately.
Became lawPublic Act . . . . . . . . . 104-0004 · 2025-06-16
“In plain English” lines are written by ThePolitibase with AI (Claude), from the official synopsis only; the synopsis is the authoritative text. Descriptions are the legislature’s own synopsis. Bill data from LegiScan, CC BY 4.0.