David E. Miller
- Democratic
Primary
Creates the Illinois Affordable Loan Act. Provides for the licensing and regulation of lenders who make short-term loans and title-secured loans by the Department of Financial Institutions. Requires licensees to disclose when renewing a license the number of title-secured loans made, the number of vehicle repossessions, the number of short-term loans made, the minimum, maximum, and average dollar amount of short-term loans, and the interest charged on the short-term loans. Requires licensees to disclose a toll-free telephone number for the Department of Financial Institutions. Provides that the appraisal of motor vehicles that secure title-secured loans must be the value set by the Kelly Blue Book. Prohibits additional charges for a cashing instrument issued by the licensee. Imposes limits on administrative or origination fees for loans. Requires licensees to refund unearned charges. Provides that licensees must comply with local zoning and other applicable local ordinances in order to qualify for a license.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Held on Calendar Order of Second Reading - Short Debate
Recalled to Second Reading - Short Debate
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Added Co-Sponsor Rep. William Delgado
Added Co-Sponsor Rep. Cynthia Soto
Added Co-Sponsor Rep. Ricca Slone
House Committee Amendment No. 1 Adopted in Judiciary I - Civil Law Committee; by Voice Vote
Placed on Calendar 2nd Reading - Short Debate
Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 018-000-000
House Committee Amendment No. 1 Filed with Clerk by Judiciary I - Civil Law Committee
Added Co-Sponsor Rep. Elaine Nekritz
Re-assigned to Judiciary I - Civil Law Committee
Assigned to Financial Institutions Committee
Co-Sponsor Rep. Kevin Joyce
Co-Sponsor Rep. Robin Kelly
Co-Sponsor Rep. Larry McKeon
Co-Sponsor Rep. George Scully, Jr.
Filed with the Clerk by Rep. David E. Miller
Co-Sponsor Rep. Karen A. Yarbrough
Co-Sponsor Rep. Wyvetter H. Younge
First Reading
Referred to Rules Committee
Co-Sponsor Rep. Eddie Washington
Chief Co-Sponsor Rep. Harry Osterman
Chief Co-Sponsor Rep. Robert Rita
Chief Co-Sponsor Rep. Linda Chapa LaVia
Chief Co-Sponsor Rep. Jay C. Hoffman
Co-Sponsor Rep. Patricia Bailey
Co-Sponsor Rep. Annazette Collins
Co-Sponsor Rep. Marlow H. Colvin
Co-Sponsor Rep. Barbara Flynn Currie
Co-Sponsor Rep. William Davis
Co-Sponsor Rep. Sara Feigenholtz
Co-Sponsor Rep. Mary E. Flowers
Co-Sponsor Rep. John A. Fritchey
Co-Sponsor Rep. Calvin L. Giles
Co-Sponsor Rep. Julie Hamos
Co-Sponsor Rep. Constance A. Howard
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Document | Format |
|---|---|
| House Amendment 001 |
Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.