Illinois General Assembly - Bill Status for HB5284
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB5284  98th General Assembly


House Sponsors
Rep. C.D. Davidsmeyer

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
815 ILCS 122/2-20

Synopsis As Introduced
Amends the Payday Loan Reform Act. Provides that the Department of Financial and Professional Regulation shall develop a short video depicting the manner in which compound interest works and setting forth statutorily required disclosures. Requires the video to be available in Spanish and English and to be presented to payday loan customers at the time of a transaction.

DateChamber Action
  2/6/2014HouseFiled with the Clerk by Rep. C.D. Davidsmeyer
  2/7/2014HouseFirst Reading
  2/7/2014HouseReferred to Rules Committee
  12/3/2014HouseSession Sine Die

Back To Top