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<xml>
<title>Illinois General Assembly - Bill Status for HB 2560         </title>
<shortdesc>CHECK &amp; MONEY ORDER MAX RATES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Nicholas K. Smith</sponsors>
</sponsor>
<lastaction>
<statusdate>4/3/2019</statusdate><chamber>House</chamber><action>Tabled</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 405/19.3</reference><aliasreference>from Ch. 17, par. 4838</aliasreference><SynopsisText>     Amends the Currency Exchange Act. Provides the maximum rates to be charged by community and ambulatory currency exchanges for cashing any check or issuing any money order. Provides that no community or ambulatory currency exchange shall charge a fee for cashing any check or issuing any money order in excess of the maximum rates. Deletes language requiring the Secretary of Financial and Professional Regulation to formulate and issue schedules of reasonable maximum rates for check cashing and money orders.</SynopsisText></synopsis>
<actions>
<statusdate>2/13/2019</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Nicholas K. Smith</action>
<statusdate>2/13/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/13/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/26/2019</statusdate><chamber>House</chamber><action>Assigned to Financial Institutions Committee</action>
<statusdate>3/5/2019</statusdate><chamber>House</chamber><action>Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Nicholas K. Smith</action>
<statusdate>3/29/2019</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>4/3/2019</statusdate><chamber>House</chamber><action>Motion Prevailed</action>
<statusdate>4/3/2019</statusdate><chamber>House</chamber><action>Tabled</action>
</actions>
</xml>

