Illinois General Assembly - Bill Status for HR0295
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 Bill Status of HR0295  96th General Assembly


Short Description:  URGE PREDATORY LENDING REFORM

House Sponsors
Rep. Kenneth Dunkin

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Synopsis As Introduced
Urges sponsors of HR1214, the Payday Loan Reform Act, to (i) withdraw their support of the legislation's current provisions; (ii) support reforms that will be effective in stopping the payday lending cycle of debt; and (iii) only support proposals that do not undermine state efforts to reform the payday lending practice. Also urges members of Congress to enact a cap on annual interest rates of 36%.

Actions 
DateChamber Action
  4/22/2009HouseFiled with the Clerk by Rep. Kenneth Dunkin
  4/23/2009HouseReferred to Rules Committee
  5/15/2009HouseAssigned to Financial Institutions Committee
  12/1/2009HouseRule 19(b) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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