Illinois General Assembly - Bill Status for HB2639
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 Bill Status of HB2639  93rd General Assembly


Short Description:  PAYMT APPLY TO HIGH RATE DEBT

House Sponsors
Rep. Robert S. Molaro

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 675/5from Ch. 17, par. 7005


Synopsis As Introduced
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.

Actions 
DateChamber Action
  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

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