Amends the Illinois Banking Act. Makes a technical change in a Section concerning the short title.
House Floor Amendment No. 2: Replaces everything after the enacting clause. Creates the Digital Assets and Consumer Protection Act. Provides that the Department of Financial and Professional Regulation shall regulate digital asset business activity in the State. Sets forth provisions concerning: applicability; the powers and duties of the Department; funds; customer protections; custody and protection of customer assets; covered exchanges; compliance; registration; supervision; records; additional procedural provisions; confidentiality; violations; enforcement; rulemaking authority; and severability. Creates the Special Purpose Trust Company Article in the Corporate Fiduciary Act. Sets forth provisions concerning certificates of authority; rulemaking and organization; certificates of authority for foreign corporate fiduciaries; eligibility; fees; and certificates of reciprocity. Makes other changes to various Acts. Effective immediately.
Senate Floor Amendment No. 1: Replaces everything after the enacting clause. Amends the Interchange Fee Prohibition Act by changing the effective date of the Act to July 1, 2026 (currently, July 1, 2025). Effective immediately.

Statutes affected:
Introduced: 205 ILCS 5/1
Engrossed: 5 ILCS 140/7, 30 ILCS 105/5, 205 ILCS 5/2, 205 ILCS 5/30, 205 ILCS 620/1, 205 ILCS 620/2, 205 ILCS 620/4, 205 ILCS 620/5, 815 ILCS 505/2
Enrolled: 815 ILCS 151/999
Public Act: 815 ILCS 151/999