SB3903 amends Illinois financial regulation acts to establish fee-setting provisions and modify examination requirements.
SB3903 amends several financial regulation acts in Illinois, including the Currency Exchange Act, Sales Finance Agency Act, Consumer Installment Loan Act, Safety Deposit License Act, Debt Management Service Act, Debt Settlement Consumer Protection Act, and Payday Loan Reform Act. It removes the requirement for the Secretary of Financial and Professional Regulation to investigate currency exchange businesses annually and to review and report on the cost of operation of the Currency Exchange Section.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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