Lou Lang
- Democratic
Primary
Amends the Payday Loan Reform Act. Authorizes a lender to charge a borrower for the verification that the proposed loan agreement is permissible: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). Authorizes a certified consumer reporting service to charge the following verification fees upon a loan being made or entered into a certified database: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). Effective immediately.
Public Act . . . . . . . . . 100-1168
Effective Date June 1, 2019
Governor Approved
Sent to the Governor
Passed Both Houses
Third Reading - Passed; 045-003-000
Placed on Calendar Order of 2nd Reading
Do Pass Judiciary; 010-000-000
Placed on Calendar Order of 3rd Reading November 15, 2018
Second Reading
Assigned to Judiciary
Chief Senate Sponsor Sen. Terry Link
First Reading
Referred to Assignments
Placed on Calendar Order of First Reading
Arrive in Senate
Third Reading - Short Debate - Passed 072-043-000
Placed on Calendar Order of 3rd Reading - Short Debate
Final Action Deadline Extended-9(b) May 31, 2018
Added Co-Sponsor Rep. C.D. Davidsmeyer
Approved for Consideration Rules Committee; 004-000-000
Placed on Calendar - Consideration Postponed
Third Reading - Consideration Postponed
Final Action Deadline Extended-9(b) May 25, 2018
Rule 19(a) / Re-referred to Rules Committee
Third Reading - Consideration Postponed
Placed on Calendar - Consideration Postponed
Placed on Calendar Order of 3rd Reading - Short Debate
House Floor Amendment No. 2 Adopted
Second Reading - Short Debate
House Floor Amendment No. 2 Recommends Be Adopted Financial Institutions Committee; 008-000-000
House Floor Amendment No. 2 Rules Refers to Financial Institutions Committee
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 2 Filed with Clerk by Rep. Lou Lang
Placed on Calendar 2nd Reading - Short Debate
Do Pass as Amended / Short Debate Financial Institutions Committee; 009-000-000
House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
House Committee Amendment No. 1 Referred to Rules Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. Lou Lang
Assigned to Financial Institutions Committee
Referred to Rules Committee
Filed with the Clerk by Rep. Lou Lang
First Reading
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| House Amendment 002 | |
| House Amendment 001 |
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