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HB4533 • 2026
MONEY TRANSMITTER DREAM DONATE
This bill passed the Legislature and reached final enactment based on the latest official action.
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
MONEY TRANSMITTER DREAM DONATE
Governor Approved
Effective Date January 1, 2027
Public Act . . . . . . . . . 104-0495
Sent to the Governor
Third Reading - Passed; 039-019-000
Passed Both Houses
Second Reading
Placed on Calendar Order of 3rd Reading May 18, 2026
Do Pass Executive ; 008-003-000
Placed on Calendar Order of 2nd Reading May 7, 2026
Assigned to Executive
Alternate Chief Sponsor Changed to Sen. Karina Villa
Arrive in Senate
Placed on Calendar Order of First Reading
Chief Senate Sponsor Sen. David Koehler
First Reading
Referred to Assignments
Placed on Calendar Order of 3rd Reading - Short Debate
Chair Rules Standard Debate
Placed on Calendar Order of 3rd Reading - Standard Debate
Third Reading - Standard Debate - Passed 073-038-000
Added Co-Sponsor Rep. Maura Hirschauer
Added Co-Sponsor Rep. Marcus C. Evans, Jr.
Added Co-Sponsor Rep. Lilian Jiménez
Added Co-Sponsor Rep. Dagmara Avelar
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Financial Institutions and Licensing Committee ; 007-004-000
Assigned to Financial Institutions and Licensing Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Elizabeth "Lisa" Hernandez
MONEY TRANSMITTER DREAM DONATE
Illinois General Assembly - Full Text of HB4533 Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. 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Full Text of HB4533 Home Legislation Full Text HB4533 - 104th General Assembly Bill Status Full Text Votes Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Engrossed Enrolled Public Act Printer Friendly Version Introduced Engrossed Enrolled Public Act Open PDF HB4533 Enrolled LRB104 16567 BAB 29965 b 1 AN ACT concerning regulation. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Uniform Money Transmission Modernization 5 Act is amended by adding Section 12-5 as follows: 6 (205 ILCS 658/12-5 new) 7 Sec. 12-5. Donations; Illinois DREAM Fund. 8 (a) Licensees may offer every customer who transmits money 9 internationally the option to make a voluntary donation to the 10 Illinois DREAM Fund. Licensees may present customers with the 11 option to make a donation to the Illinois DREAM Fund before the 12 customer completes the transaction. The amount of the donation 13 shall be no less than $1 per transaction. The Department may 14 adopt rules to administer, implement, and interpret the 15 provisions of this Section, including, but not limited to, the 16 amount of the donation options to be presented to customers, 17 the manner and timing of receiving donations and remitting the 18 donations to the Illinois DREAM Fund, and the methods by which 19 the licensee may offer the option to donate to customers. 20 Licensees shall not use, deduct, or retain any amounts from 21 donations to the Illinois DREAM Fund, except any actual cost 22 imposed by third-party payment processors to receive or remit 23 the funds. HB4533 Enrolled - 2 - LRB104 16567 BAB 29965 b 1 (b) The Department shall provide to licensees under this 2 Act electronic copies of all marketing materials created by 3 the Illinois DREAM Fund Commission for licensees pursuant to 4 subsection (e) of Section 67 of the Higher Education Student 5 Assistance Act. 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