Illinois SB3903 amends several financial regulation acts to establish fee-setting provisions and modify investigation requirements.
Illinois SB3903 amends the Currency Exchange Act, removing the requirement for the Secretary of Financial and Professional Regulation to investigate currency exchange businesses annually. It establishes provisions for setting fees for administering the Act, including licensing, investigations, and examinations. The bill also amends the Sales Finance Agency Act, Consumer Installment Loan Act, and Safety Deposit License Act, modifying the authority of the Secretary and the requirement for annual examinations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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