CONSUMER INSTALL LOAN-MAX AMT House SponsorsRep. Joseph M. Lyons-Ralph C. Capparelli-Bill Mitchell-Sidney H. Mathias-Thomas Holbrook Senate Sponsors(Sen. Kimberly A. Lightford-Dan Rutherford) 7/22/2003HousePublic Act . . . . . . . . . 93-0264 205 ILCS 670/17from Ch. 17, par. 5423 Amends the Consumer Installment Loan Act. Increases the amount that an obligor may owe to a licensee under the Act from $25,000 to $40,000.House Amendment No. 1 Adds reference to:205 ILCS 670/15from Ch. 17, par. 5415Further amends the Consumer Installment Loan Act. Provides that a licensee may lend a principal an amount not exceeding $40,000 (now $25,000). 2/20/2003HouseFiled with the Clerk by Rep. Joseph M. Lyons 2/20/2003HouseChief Co-Sponsor Rep. Ralph C. Capparelli 2/20/2003HouseFirst Reading 2/20/2003HouseReferred to Rules Committee 2/26/2003HouseAssigned to Financial Institutions Committee 2/27/2003HouseAdded Chief Co-Sponsor Rep. Bill Mitchell 3/5/2003HouseHouse Amendment No. 1 Filed with Clerk by Financial Institutions Committee 3/5/2003HouseHouse Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote 3/5/2003HouseDo Pass as Amended / Short Debate Financial Institutions Committee; 014-000-000 3/5/2003HousePlaced on Calendar 2nd Reading - Short Debate 3/5/2003HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias 3/5/2003HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook 3/18/2003HouseSecond Reading - Short Debate 3/18/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/21/2003HouseThird Reading - Short Debate - Passed 112-000-003 3/24/2003SenateArrive in Senate 3/24/2003SenatePlaced on Calendar Order of First Reading March 25, 2003 3/26/2003SenateChief Senate Sponsor Sen. Kimberly A. Lightford 3/27/2003SenateAdded as Alternate Chief Co-Sponsor Sen. Dan Rutherford 3/27/2003SenateFirst Reading 3/27/2003SenateReferred to Rules 4/3/2003SenateAssigned to Financial Institutions 4/10/2003SenateDo Pass Financial Institutions; 007-000-000 4/10/2003SenatePlaced on Calendar Order of 2nd Reading April 15, 2003 5/6/2003SenateSecond Reading 5/6/2003SenatePlaced on Calendar Order of 3rd Reading May 7, 2003 5/12/2003SenateThird Reading - Passed; 050-000-002 5/12/2003HousePassed Both Houses 6/10/2003HouseSent to the Governor 7/22/2003HouseGovernor Approved 7/22/2003HouseEffective Date January 1, 2004 7/22/2003HousePublic Act . . . . . . . . . 93-0264