Loading chat...
IL HB3076
Bill
Status
Failed
1/8/2019
Primary Sponsor
Elizabeth Hernandez
Click for details
AI Summary
-
Amends the Electronic Fund Transfer Act to require financial institutions to remit $0.01 per electronic fund transfer performed in Illinois to the Division of Banking.
-
Collected funds are deposited into the Illinois DREAM Fund established under Section 67 of the Higher Education Student Assistance Act.
-
Applies to all electronic fund transfers performed in Illinois, with no specified exemptions.
-
Takes effect immediately upon becoming law.
Legislative Description
ELECTRONIC TRANSFER-DREAM FUND
Last Action
Session Sine Die
1/8/2019
Committee Referrals
Rules3/31/2017
Financial Institutions2/22/2017
Rules2/9/2017
Full Bill Text
No bill text available