Rep. Jay Hoffman

Amends the Illinois Pension Code. Makes a technical change in a Section concerning State employees.

Amends the Property Tax Code. Makes a technical change in a Section concerning the definition of "33 1/3%".

Amends the Illinois Municipal Code. Provides that the corporate authorities of any municipality that owns and operates a sewerage system may enforce payment of delinquent charges for its sewerage service by discontinuing water or sewerage service or both to the premises (now, the provision does not apply in counties with a population of more than 250,000 where the majority of the sewerage system's users are located outside of the municipality's corporate limits). Effective immediately.

Amends the Illinois Vehicle Code. Makes a technical change in a Section concerning the Secretary of State.

Amends the Southwestern Illinois Development Authority Act. Provides that the Secretary of Transportation (instead of the Director of Central Management Services) shall serve as an ex officio member of the governing body of the Authority. Effective immediately.

Amends the Short Term Borrowing Act. Makes a technical change in a Section concerning cash flow borrowing.

Amends the Illinois Vehicle Code. Makes a technical change in a Section concerning the short title.

Amends the Illinois Horse Racing Act of 1975. Makes changes concerning which licensee shall retain the sum held for unclaimed parimutuel tickets. Provides that non-host licensees who derive their licenses from the Fairmount Park shall pay 50% of the sum held for unclaimed tickets (in addition to 50% of the retention from interstate simulcast wagers) to the purses at Fairmount Park. Effective immediately.

Amends the Public Utilities Act. Makes a technical change in a Section concerning the short title of the Telecommunications Article.

Amends the Payday Loan Reform Act. Changes the definition of "payday loan" to include any loan with a finance charge exceeding an annual percentage rate of 36% (instead of with a finance charge exceeding an annual percentage rate of 36% and with a term that does not exceed 120 days). Provides that no lender may make a payday loan with periodic payments unless the periodic payments are substantially equal term payments and, if paid as scheduled, result in full payment of the principal and interest owed on the loan at the end of the loan term. Requires the licensee, as part of the information that he or she must collect and maintain, to include the total number of lawsuits filed by the licensee or its agent against consumers to collect on payday loans from consumers during the preceding calendar year. Prohibits a licensee or a person making payday loans from evading the requirements and prohibitions of the Act by use of a device or subterfuge including, but not limited to, (i) disguising a payday loan as a different type of transaction, or (ii) characterizing a required fee as a purchase of a good or service in connection with a payday loan. Authorizes the Department to develop rules to determine if any person or entity seeks to evade the applicability of this Act by any device, subterfuge, or pretense. Effective immediately.