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<xml>
<title>Illinois General Assembly - Bill Status for HB 743          </title>
<shortdesc>SALES FINANCE AGENCY ACT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jonathan Carroll</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 660/10.6 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Sales Finance Agency Act to provide that a sales finance agency shall not finance, enter into a retail installment contract, or make a loan for the purchase of a companion animal as defined by the Humane Care for Animals Act. Provides that if a sales finance agency violates the provisions of the Section, the financing, retail installment contract, or loan shall be null and void and the sales finance agency shall have no right to collect, receive, or retain any principal, interest, or charges related to the loan, retail installment contract, or financing.</SynopsisText></synopsis>
<actions>
<statusdate>2/8/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jonathan Carroll</action>
<statusdate>2/10/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/10/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/2/2021</statusdate><chamber>House</chamber><action>Assigned to Consumer Protection Committee</action>
<statusdate>3/8/2021</statusdate><chamber>House</chamber><action>To Financial Protection Subcommittee</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

