<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1712         </title>
<shortdesc>COLLECTION AGENCIES-FUND</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Laura Ellman</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>225 ILCS 425/4.5</reference><aliasreference></aliasreference><reference>225 ILCS 425/8a</reference><aliasreference>from Ch. 111, par. 2011a</aliasreference><SynopsisText>Amends the Collection Agency Act by changing references to the General Professions Dedicated Fund to refer to the Financial Institution Fund. Provides that after the effective date of the amendatory Act, the Department of Financial and Professional Regulation may transfer any fees collected under the Collection Agency Act from the General Professions Dedicated Fund to the Financial Institution Fund. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2023</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Laura Ellman</action>
<statusdate>2/9/2023</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2023</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

