IL SB2664

Establishes electronic notary public commissions allowing notaries to perform electronic notarial acts via audio-video communication with enhanced identity verification requirements including credential analysis and dynamic knowledge-based authentication.

Creates an Electronic Notarization Fund to be supported by increased notary application fees ($15 for standard notary, additional $25 for electronic notary commissions) to fund implementation and maintenance of electronic notarization systems.

Requires electronic notaries to maintain separate $25,000 surety bonds for remote/electronic notarizations and mandates recording and retention of audio-video communications for 7 years, with detailed journal requirements set by Secretary of State rules.

Authorizes standard notaries to perform remote notarial acts using audio-video communication with physical stamp/seal, requiring document transmission and notarization completion within 24-48 hours and 3-year recording retention.

Expands notary application requirements to include mandatory course of study and examination for all new and renewing notaries, establishes notary public remittance agent licensing standards, and creates statewide notary database for public verification of notary status and credentials.