Bills regarding money transmitters, agribusiness, first responders pass Senate unanimously
April was a good month for Sen. Chapin Rose (R-Mahomet).
With no objections or questions on his three bills at the April 18 Senate floor debate, the Senate passed legislation regarding money transmitters, agribusiness and first responders.
"Rather than the greater of $100,000 or an amount equal to the daily average of outstanding payment instruments for the preceding 12 months or operational history,” SB3084 "will now provide that a money transmitter applicant or a money transmitter licensee shall post a bond in the amount of $50,000 or an amount equal to 1% of all Illinois-based activity, whichever is greater," according to the bill synopsis.
Next SB3082, “amends the Department of Agriculture Law of the Civil Administrative Code of Illinois and provides that ‘agribusiness’ means a business or businesses under the same name or ownership that are collectively associated with the production,” according to the bill synopsis.
Lastly introducing SB3024, Rose had first responders in mind.
The bill allows “that a first responder, while operating his or her own personal motor vehicle, can use an electronic communication device for the sole purpose of receiving information about an emergency situation while en route to performing his or her official duties,” according to the bill synopsis.
All of Rose’s bill passed the Senate unanimously.