BANKING-CONFESSION OF JUDGMENT
Summary
Amends the Illinois Banking Act. Provides that no financial institution shall make a loan or extension of credit to a small business that contains a confession of judgment clause.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 17, 2023
Last action Mar 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
3
Mar 10, 2023
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 28, 2023
Committee
Assigned to Financial Institutions and Licensing Committee
lower
Feb 17, 2023
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Nabeela Syed
DDemocratic
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