Patrick Welch
- Democratic
Primary
Amends the Illinois Securities Law of 1953. Authorizes the Secretary of State to appoint special agents and investigators to conduct investigations. Grants to those agents police power with respect to the enforcement of the Illinois Securities Law of 1953 and any other law administered by the Illinois Securities Department. Provides that registration under the Securities Law may be denied or revoked if the registrant has engaged in any unethical practice in connection with any security rather than the offer or sale of securities. Provides for the seizure and forfeiture of assets obtained in violation of the Securities Law. Effective immediately.
Governor Approved
Public Act . . . . . . . . . 93-0580
Effective Date August 21, 2003
Sent to the Governor
Passed Both Houses
Third Reading - Short Debate - Passed 107-008-000
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Do Pass / Short Debate State Government Administration Committee; 009-001-000
Added Alternate Chief Co-Sponsor Rep. Eddie Washington
Held on Calendar Order of Second Reading - Short Debate
Second Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Committee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003
Motion Do Pass - Lost State Government Administration Committee; by Voice Vote
Remains in State Government Administration Committee
Assigned to State Government Administration Committee
Chief House Sponsor Rep. Robert S. Molaro
Referred to Rules Committee
First Reading
Placed on Calendar Order of First Reading
Added as Chief Co-Sponsor Sen. Barack Obama
Third Reading - Passed; 056-000-000
Arrived in House
Third Reading Deadline Extended - Rule 2-10(e) to April 9, 2003.
Placed on Calendar Order of 3rd Reading March 24, 2003
Senate Floor Amendment No. 1 Adopted; Welch
Second Reading
Fiscal Note Filed
Senate Floor Amendment No. 1 Be Adopted Executive; 012-000-000
Fiscal Note Requested by Sen. Peter J. Roskam
Senate Floor Amendment No. 1 Rules Refers to Executive
Senate Floor Amendment No. 1 Referred to Rules
Added as Co-Sponsor Sen. Barack Obama
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Patrick Welch
Do Pass Executive; 012-000-000
Placed on Calendar Order of 2nd Reading March 11, 2003
Assigned to Executive
Chief Co-Sponsor Sen. Susan Garrett
Referred to Rules
First Reading
Filed with Secretary by Sen. Patrick Welch
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| Senate Amendment 001 |
Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.