Introducer(s):
Banks Committee

Title: AN ACT CONCERNING CHECK CASHERS, MONEY TRANSMITTERS AND OTHER NONMORTGAGE LICENSEES.

Statement of Purpose: To specify the time within which certain licensees shall notify the Banking Commissioner of any changes in the information provided in their application; to change the period for which the licenses of money transmitters and check cashers are valid from one to two years; and to tighten the requirements for investments in lieu of bonds applicable to money transmitters.

Bill History:

02/16/06 REFERRED TO JOINT COMMITTEE ON Banks Committee
02/23/06 PUBLIC HEARING 03/02
03/09/06 JOINT FAVORABLE
03/09/06 FILED WITH LEGISLATIVE COMMISSIONERS' OFFICE
03/16/06 REFERRED TO OFFICE OF LEGISLATIVE RESEARCH AND OFFICE OF FISCAL ANALYSIS 03/21/06-5:00 PM
03/22/06 REPORTED OUT OF LEGISLATIVE COMMISSIONERS' OFFICE
03/22/06 FAVORABLE REPORT, TABLED FOR THE CALENDAR, SENATE
03/22/06 SENATE CALENDAR NUMBER 93
03/22/06 FILE NUMBER 76
04/18/06 SENATE ADOPTED SENATE AMENDMENT SCHEDULE A:LCO-4027
04/18/06 SENATE PASSED AS AMENDED BY SENATE AMENDMENT SCHEDULE A
04/20/06 FAVORABLE REPORT, TABLED FOR THE CALENDAR, HOUSE
04/20/06 HOUSE CALENDAR NUMBER 401
04/24/06 HOUSE ADOPTED SENATE AMENDMENT SCHEDULE A
04/24/06 HOUSE PASSED AS AMENDED BY SENATE AMENDMENT SCHEDULE A
04/24/06 IN CONCURRENCE
05/01/06 PUBLIC ACT 06-35
05/02/06 TRANSMITTED TO THE SECRETARY OF STATE
05/08/06 SIGNED BY THE GOVERNOR