David S. Olsen
- Republican
Creates the Regulatory Sandbox Act. Creates the regulatory sandbox to enable persons to obtain limited access to the Illinois marketplace in order to test innovations in financial products or services. Provides requirements for approval to enter the regulatory sandbox, the application fee, and approval or denial time. Provides requirements for operating an innovation in the regulatory sandbox and extending a test period. Contains provisions regarding rules and judicial review of the administration of this Act. Makes conforming changes in the State Finance Act. Effective January 1, 2019.
Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Postponed - Licensed Activities and Pensions
Do Pass Licensed Activities and Pensions; 004-006-000
Assigned to Licensed Activities and Pensions
Referred to Assignments
Added as Alternate Chief Co-Sponsor Sen. Michael Connelly
First Reading
Chief Senate Sponsor Sen. Dan McConchie
Placed on Calendar Order of First Reading
Arrive in Senate
House Floor Amendment No. 2 Adopted
Placed on Calendar Order of 3rd Reading - Short Debate
House Floor Amendment No. 1 Tabled Pursuant to Rule 40
Third Reading - Short Debate - Passed 093-004-000
Second Reading - Short Debate
House Floor Amendment No. 2 Recommends Be Adopted Cybersecurity, Data Analytics, & IT Committee; 008-001-001
Held on Calendar Order of Second Reading - Short Debate
House Floor Amendment No. 2 Rules Refers to Cybersecurity, Data Analytics, & IT Committee
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 2 Filed with Clerk by Rep. David S. Olsen
House Floor Amendment No. 1 Referred to Rules Committee
House Floor Amendment No. 1 Filed with Clerk by Rep. David S. Olsen
Added Chief Co-Sponsor Rep. Mike Fortner
Added Chief Co-Sponsor Rep. Jonathan Carroll
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Cybersecurity, Data Analytics, & IT Committee; 009-000-000
Added Chief Co-Sponsor Rep. Keith R. Wheeler
Added Chief Co-Sponsor Rep. Michael J. Zalewski
Assigned to Cybersecurity, Data Analytics, & IT Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. David S. Olsen
Bill Text Versions | Format |
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Engrossed | HTML |
Introduced | HTML |
Document | Format |
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House Amendment 002 | |
House Amendment 001 |
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