HB 2458 Illinois House · 93rd Regular Session

CONS INST LOAN PRACTICES

Summary

Amends the Consumer Installment Loan Act. Provides for the regulation of deferred deposit lenders. Limits the number of times a deferred deposit loan may be refinanced. Requires deferred deposit lenders to make disclosures concerning the availability of debt management services. Amends the Criminal Code of 1961 to provide that deferred deposit lenders may not collect treble damages for unpaid checks. Effective October 1, 2003.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2003

Committee Review

Floor Vote

Governor

Introduced Feb 20, 2003 Last action Jan 11, 2005

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 11, 2005

House · Failed

Session Sine Die

May 2, 2003

House · Referred to committee

Rule 19(a) / Re-referred to Rules Committee

Apr 3, 2003

House · Amendment adopted

House Floor Amendment No. 1 Adopted by Voice Vote

Apr 2, 2003

House · Referred to committee

House Floor Amendment No. 2 Referred to Rules Committee

Apr 2, 2003

House · Amendment offered

House Floor Amendment No. 2 Filed with Clerk by Rep. Charles G. Morrow, III

Apr 2, 2003

House · Reported by committee

House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000

Apr 1, 2003

House · Referred to committee

House Floor Amendment No. 1 Referred to Rules Committee

Apr 1, 2003

House · Amendment offered

House Floor Amendment No. 1 Filed with Clerk by Rep. Charles G. Morrow, III

Mar 12, 2003

House · Reported by committee

Do Pass / Short Debate Financial Institutions Committee; 018-000-000

Feb 26, 2003

House · Referred to committee

Assigned to Financial Institutions Committee

Feb 20, 2003

House · Referred to committee

Referred to Rules Committee

0 primary · 1 co-sponsor