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IL HB4614
Bill
Status
Passed
7/15/2016
Primary Sponsor
Adam Brown
Click for details
AI Summary
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Establishes a Supervisor of Consumer Credit, Supervisor of Currency Exchanges, and Supervisor of Title Insurance within the Department of Financial Institutions, each appointed by and responsible to the Director.
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Eliminates the positions of Supervisor of Consumer Finance Businesses and Supervisor of Sales Finance Agencies.
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Adds title insurance entities to the administrative responsibilities of the relevant supervisors within the Department.
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Removes the requirement for currency exchange licensees to file an annual report with the Secretary as part of their licensing renewal process.
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Takes effect upon becoming law.
Legislative Description
FINANCIAL INST CURRENCY EXCH
Last Action
Public Act . . . . . . . . . 99-0549
7/15/2016
Committee Referrals
Financial Institutions4/27/2016
Assignments4/14/2016
Financial Institutions2/16/2016
Rules2/1/2016
Full Bill Text
No bill text available