HB4767Introduced in the House
AGING-FINANCIAL FRAUD
Introduced by Katie Stuart, District 112
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Amends the Adult Protective Services Act. Expands the list of mandated reporters to include investment advisers, investment adviser representatives, dealers and salespersons, and employees of financial institutions who have direct contact with eligible adults who are clients of the financial institution and have access to the financial information of the institution's clients. Permits a financial institution to place a transactional hold on an eligible adult's account if the institution's employees have a reasonable suspicion that a transaction or disbursement from the eligible adult's account may involve, facilitate, result in, or contribute to financial exploitation of the eligible adult. Provides that transactional holds must be followed by an internal review that satisfies the internal policies of the financial institution that issued the hold. Further provides that a financial institution that uses a transactional hold must create internal policies regarding identifying and reporting financial exploitation of eligible adults and transactional holds. Contains provisions on the duration of initial transactional holds and extended transactional holds; requirements on notification to law enforcement, especially in cases involving financial fraud that is outside the Act's scope; civil immunity for any financial institution and its employees who place a transactional hold on an eligible adult's account in good faith; mandated reporter training for specified employees of a financial institution; and other matters. Makes conforming changes to the Illinois Securities Law of 1953, the Illinois Banking Act, the Savings Bank Act, Illinois Credit Union Act, and the Criminal Code of 2012. Effective January 1, 2027.
Where it stands
House Floor Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee
April 17, 2026
How did lawmakers vote?
HouseStage: House Financial Institutions & Licensing Committee · March 24, 2026
8
Yes
4
No
0
Absent or Not Voting
12 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Eva Dina Delgado | 3 | Yes |
| Jawaharial Williams | 10 | Yes |
| Margaret Croke | 12 | Yes |
| Jennifer Gong-Gershowitz | 17 | Yes |
| Michael Crawford | 31 | Yes |
| Daniel Didech | 59 | Yes |
| Rita Mayfield | 60 | Yes |
| Dan Ugaste | 65 | No |
| Ryan Spain | 73 | No |
| Mike Coffey | 95 | No |
Bill history
Filed with the Clerk by Rep. Katie Stuart
First Reading
Referred to Rules Committee
Assigned to Financial Institutions and Licensing Committee
Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez
Added Co-Sponsor Rep. Nicolle Grasse
Added Co-Sponsor Rep. Mary Beth Canty
Added Co-Sponsor Rep. Laura Faver Dias
Do Pass / Short Debate Financial Institutions and Licensing Committee; 008-004-000
Placed on Calendar 2nd Reading - Short Debate
Added Co-Sponsor Rep. Martha Deuter
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Added Co-Sponsor Rep. Janet Yang Rohr
House Floor Amendment No. 1 Filed with Clerk by Rep. Katie Stuart
House Floor Amendment No. 1 Referred to Rules Committee
Added Co-Sponsor Rep. Camille Y. Lilly
House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
House Floor Amendment No. 2 Filed with Clerk by Rep. Katie Stuart
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 2 Rules Refers to Financial Institutions and Licensing Committee
Rule 19(a) / Re-referred to Rules Committee
House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
House Floor Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee
Verify the information
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.