CONSUMER & PAYDAY LOANS House SponsorsRep. Maria Antonia Berrios-Lou Lang Senate Sponsors(Sen. Iris Y. Martinez-Jacqueline Y. Collins) 8/9/2013HousePublic Act . . . . . . . . . 98-0209 815 ILCS 122/4-10205 ILCS 670/9from Ch. 17, par. 5409 Amends the Payday Loan Reform Act and the Consumer Installment Loan Act. Provides that the Department of Financial and Professional Regulation shall set rules for the imposition and amount of fines.House Floor Amendment No. 1 Replaces everything after the enacting clause. Amends the Payday Loan Reform Act and the Consumer Installment Loan Act. Provides that the Department of Financial and Professional Regulation shall establish by rule and publish a schedule of fines that are reasonably tailored to ensure compliance with the provisions of the Acts and which include remedial measures intended to improve licensee compliance. 2/6/2013HouseFiled with the Clerk by Rep. Lou Lang 2/6/2013HouseFirst Reading 2/6/2013HouseReferred to Rules Committee 2/13/2013HouseAssigned to Financial Institutions Committee 3/8/2013HouseDo Pass / Short Debate Financial Institutions Committee; 014-000-000 3/8/2013HousePlaced on Calendar 2nd Reading - Short Debate 4/11/2013HouseChief Sponsor Changed to Rep. Maria Antonia Berrios 4/11/2013HouseAdded Chief Co-Sponsor Rep. Lou Lang 4/12/2013HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Maria Antonia Berrios 4/12/2013HouseHouse Floor Amendment No. 1 Referred to Rules Committee 4/15/2013HouseHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000 4/15/2013HouseSecond Reading - Short Debate 4/15/2013HouseHouse Floor Amendment No. 1 Adopted 4/15/2013HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/16/2013HouseThird Reading - Short Debate - Passed 114-000-000 4/16/2013SenateArrive in Senate 4/16/2013SenatePlaced on Calendar Order of First Reading April 17, 2013 4/23/2013SenateChief Senate Sponsor Sen. Iris Y. Martinez 4/23/2013SenateFirst Reading 4/23/2013SenateReferred to Assignments 4/24/2013SenateAssigned to Financial Institutions 5/1/2013SenateDo Pass Financial Institutions; 008-000-000 5/1/2013SenatePlaced on Calendar Order of 2nd Reading May 2, 2013 5/7/2013SenateSecond Reading 5/7/2013SenatePlaced on Calendar Order of 3rd Reading May 8, 2013 5/14/2013SenateAdded as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins 5/14/2013SenateThird Reading - Passed; 053-000-000 5/14/2013HousePassed Both Houses 6/12/2013HouseSent to the Governor 8/9/2013HouseGovernor Approved 8/9/2013HouseEffective Date January 1, 2014 8/9/2013HousePublic Act . . . . . . . . . 98-0209