illinois general assembly statutes Rep. Olsen Urges Senate to Approve Regulatory Sandbox Bill

"This year I introduced HB5139 which would create a regulatory sandbox for financial products and services. It would help Illinois grow as a global business hub and emerging center of tech innovation, while also increasing consumer choice and consumer protection. The House of Representatives voted 93-4 in favor of the regulatory sandbox. This overwhelming bipartisan support shows that nearly every member of this body recognizes the benefits to the Illinois economy and Illinois consumers.

Unfortunately, HB 5139 has stumbled in the Senate. Some consumer advocacy organizations have called the regulatory sandbox a Trojan horse that will allow unscrupulous companies to take advantage of Illinois consumers. They are simply wrong."

illinois general assembly statutes Rep. Olsen Urges Senate to Approve Regulatory Sandbox Bill
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