Illinois General Assembly - Bill Status for HB5455

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Bill Status of HB5455 97th General Assembly

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Short Description: PAYDAY LOAN PAYMENT 1000 LIMIT

House Sponsors
Rep. Luis Arroyo

Last Action

Date	Chamber	Action
1/8/2013	House	Session Sine Die

Statutes Amended In Order of Appearance

815 ILCS 122/2-5

Synopsis As Introduced
Amends the Payday Loan Reform Act. Provides that a lender may not make a loan to a consumer if the total of all payday loan payments coming due within any month, rather than the first calendar month, during the term of the loan exceeds the lesser of $1,000 or specified percentages of the consumer's gross monthly income.

Actions

Date	Chamber	Action
2/9/2012	House	Filed with the Clerk by Rep. Luis Arroyo
2/15/2012	House	First Reading
2/15/2012	House	Referred to Rules Committee
2/27/2012	House	Assigned to Consumer Protection Committee
3/9/2012	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	House	Session Sine Die

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