PAYMT APPLY TO HIGH RATE DEBT House SponsorsRep. Robert S. Molaro 1/11/2005HouseSession Sine Die 205 ILCS 675/5from Ch. 17, par. 7005 Amends the Illinois Financial Services Development Act. Provides that if a borrower's outstanding indebtedness under a revolving credit plan is subject to multiple rates of interest, payments must be applied to indebtedness subject to the highest rate of interest. 2/21/2003HouseFiled with the Clerk by Rep. Robert S. Molaro 2/21/2003HouseFirst Reading 2/21/2003HouseReferred to Rules Committee 2/26/2003HouseAssigned to Consumer Protection Committee 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die