HB 4002 Illinois House · 93rd Regular Session

CONSUMER SHORT-TERM LOANS

Summary
Amends the Consumer Installment Loan Act. Provides that, during the 30-day period beginning with the date the loan is commenced, a short-term lender may not impose fees of more than 25% of the principal amount of a short-term or title-secured loan.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2004
Committee Review
Floor Vote
Governor
Introduced Jan 12, 2004 Last action Jan 11, 2005
Floor votes

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Full legislative history

Actions timeline

Total actions
8
Key actions
0
Committee
1
Jan 11, 2005
House · Failed
Session Sine Die
Jan 14, 2004
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Thomas Holbrook
Thomas Holbrook
DDemocratic
IL
113