HB 5438 Illinois House · 100th Regular Session

PAYDAY LOAN-INTEREST RATES

Summary
Amends the Payday Loan Reform Act. Limits interest on payday loans to an annual percentage rate of 36%. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2018
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2018 Last action Jan 8, 2019
Floor votes

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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
3
Apr 13, 2018
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 7, 2018
Committee
Assigned to Consumer Protection Committee
lower
Feb 16, 2018
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.