<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3478         </title>
<shortdesc>CONSUMER INSTALLMENT LOAN</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Robert "Bob" Rita</sponsors>
</sponsor>
<lastaction>
<statusdate>2/18/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 670/17.5</reference><aliasreference></aliasreference><SynopsisText>     Amends the Consumer Installment Loan Act. Provides that a certified database provider may charge a fee not to exceed the lesser of $5 or 0.1% of the loan principal (rather than $1) for each loan entered into the certified database.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2025</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Robert "Bob" Rita</action>
<statusdate>2/18/2025</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
</actions>
</xml>

