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IDFPR will regularly update this FAQ to address questions it receives relating to the supplemental deficiency process. The Department will accept questions until Wednesday, March 3, 2021 at 1200 PM Central Standard Time and will post the last round of answers on Thursday, March 4, 2021.
The CRTA requires IDFPR to submit a report to the General Assembly and Governor by September 30 of each year with data reflecting the state of the industry as of the end of the previous fiscal year As such, all data presented in this report was current as of June 30, 2020.
All applications for adult use cannabis dispensary licenses have been preliminarily reviewed. As part of that review, the Department of Financial and Professional Regulation (Department) sent out notices to applicants if one or more electronic files in their application were corrupted, damaged, or mislabeled.
In accordance with Public Act 101-0259, also cited as the Blockchain Business Development Act, the Illinois Department of Financial and Professional Regulation has prepared the following report on the application of blockchain technology to the Illinois banking sector.
The Illinois Department of Financial and Professional Regulation, Division of Banking announced today that the interest rate paid by the largest commercial bank with its main banking premises in Illinois on minimum deposit savings accounts as of December 31, 2020 was 0.005% with an Annual Percentage Yield (APY) of 0.01%.
Today, the Illinois Department of Professional and Financial Regulation (IDFPR) announced they have worked with the banks to provide services for unbanked Illinoisans seeking to cash their stimulus checks without incurring check cashing fees.