MOLARO. 205 ILCS 675/6 from Ch. 17, par. 7006 Amends the Illinois Financial Services Development Act. Provides an opportunity for a borrower to challenge a determination a payment was late. Prohibits an imposition of late fees or a report of delinquency to a credit reporting agency until a challenged determination is resolved. Effective immediately. FEB-07-2002 S FIRST READING FEB-07-2002 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-20-2002 S ASSIGNED TO COMMITTEE FIN INST FEB-28-2002 S POSTPONED MAR-07-2002 S POSTPONED MAR-07-2002 S COMMITTEE FIN INST MAR-08-2002 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES JAN-07-2003 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary