Illinois State Treasurer’s Office News Releases

SPRINGFIELD — The Illinois Senate today passed Senate Bill 2023. The legislation, championed by Illinois State Treasurer Michael Frerichs, would prohibit the Illinois Department of Financial and Professional Regulation (IDFPR) from any action that would penalize or dissuade banks and credit unions from serving cannabis-related businesses. “We are one step closer to preventing state banking regulators from penalizing banks or credit unions for allowing legal cannabis businesses to manage their financial transactions like every other legitimate business in the state,” Frerichs said. “These legitimate business owners should not have to…

SPRINGFIELD — Illinois State Treasurer Michael Frerichs is encouraging young photographers to submit photos for the 2019 Cream of the Crop Photo Contest. The contest encourages young photographers to share their vision of agriculture in our state. “Illinois continues to be a leader in farming and strives for agricultural diversity,” Frerichs said. “This contest gives students an opportunity to capture the beauty of our state and showcase the importance of agriculture in Illinois.” The treasurer’s office is accepting electronic submissions for the Cream of the Crop Photo Contest from Illinois…