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HB 4533·IL·house

MONEY TRANSMITTER DREAM DONATE

EnactedFiled Jan 22, 2026
Sponsor: Elizabeth "Lisa" Hernandez (D)
Latest Action

Public Act . . . . . . . . . 104-0495

Jun 26, 2026

Summary

The bill lets licensed money‑transmitters give customers the option to donate at least $1 to the Illinois DREAM Fund when they send money internationally. Companies must forward the donations (minus any third‑party processing fees) to the fund and receive electronic marketing materials from the state. It aims to create a new source of support for the DREAM Fund without imposing new taxes.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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