IL SB1975

Authorizes the Secretary of State to provide restitution assistance funds to securities fraud victims who were awarded restitution by a court but have not received full payment one year after the final order date

Allows the Secretary of State to adopt rules establishing eligibility requirements, application deadlines, and caps on restitution assistance awards available to victims

Redirects various late filing fees and additional fees under the Illinois Securities Law of 1953 from the Securities Investors Education Fund and General Revenue Fund to the Secretary of State Special Services Fund

Applies to fees collected for securities registration, face amount certificate contracts, investment fund shares, dealer/salesperson registrations, investment adviser registrations, and Securities Audit and Enforcement Fund fees

Amends multiple sections of the Illinois Securities Law of 1953 (Sections 5, 6, 7, 11, 11c, and 18.1) to consolidate fee deposits into the Secretary of State Special Services Fund