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<xml>
<title>Illinois General Assembly - Bill Status for HB 4002   </title>
<shortdesc>CONSUMER SHORT-TERM LOANS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Thomas Holbrook-Monique D. Davis-Patricia Bailey-William J. Grunloh-Lisa M. Dugan</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 670/22</reference><aliasreference>from Ch. 17, par. 5428</aliasreference><SynopsisText>     Amends the Consumer Installment Loan Act. Provides that, during the 30-day period beginning with the date the loan is commenced, a short-term lender may not impose fees of more than 25% of the principal amount of a short-term or title-secured loan.</SynopsisText></synopsis>
<actions>
<statusdate>1/12/2004</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Thomas Holbrook</action>
<statusdate>1/14/2004</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/14/2004</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/10/2004</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Monique D. Davis</action>
<statusdate>2/10/2004</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Patricia Bailey</action>
<statusdate>2/24/2004</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. William J. Grunloh</action>
<statusdate>2/24/2004</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Lisa M. Dugan</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

