MONEY TRANSMITTER DREAM DONATE

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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