O'MALLEY-REA. (MADIGAN,MJ-FRITCHEY) 205 ILCS 670/8 from Ch. 17, par. 5408 205 ILCS 675/6 from Ch. 17, par. 7006 Amends the Consumer Installment Loan Act and the Illinois Financial Services Development Act. Makes technical changes and adds a caption. FISCAL NOTE, H-AM 1 (Department of Financial Institutions) The fiscal impact on the Department would be $484,161 for 7 additional employees and their travel and office equipment. FISCAL NOTE, H-AM 1 (Office of Banks and Real Estate) The fiscal impact on the Office of Banks and Real Estate would be $250,000 for a one-time transfer among funds and $400,000 for annual operating costs associated with 7 additional staff. HOUSING AFFORDABILITY NOTE There will be no fiscal effect on the cost of constructing, purchasing, owning, or selling a single family residence. FISCAL NOTE, H-AM 2 (Department of Financial Institutions) The cost to the Department for rulemaking for hearings would not exceed $10,000. HOUSE AMENDMENT NO. 2. Deletes reference to: 205 ILCS 670/8 205 ILCS 675/6 Adds reference to: 205 ILCS 660/13 from Ch. 17, par. 5231 205 ILCS 670/22 from Ch. 17, par. 5428 Replaces everything after the enacting clause. Provides that the Department of Financial Institutions has the power under the Sales Finance Agency Act and the Consumer Installment Loan Act to promulgate rules that are necessary and appropriate for the protection of consumers. Effective immediately. 99-02-17 S FIRST READING 99-02-17 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-18 S ASSIGNED TO COMMITTEE FIN INST 99-02-24 S ADDED AS A CHIEF CO-SPONSOR REA 99-02-26 S DO PASS 009-000-000 SFIC 99-02-26 S PLACED ON CALENDAR ORDER OF 2ND READING 99-03-02 99-03-02 S SECOND READING 99-03-02 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-03 99-03-23 S THIRD READING - PASSED 059-000-000 99-03-23 H ARRIVE IN HOUSE 99-03-23 H PLACED CALENDAR ORDER OF FIRST READING 99-03-26 H HOUSE SPONSOR OSMOND 99-03-26 H FIRST READING 99-03-26 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-04-20 H ASSIGNED TO COMMITTEE EXECUTIVE 99-04-28 H DO PASS/SHORT DEBATE 015-000-000 HEXC 99-04-28 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-05-12 H SECOND READING-SHORT DEBATE 99-05-12 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-05-14 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 00-04-12 H APPROVED FOR CONSIDERATION 005-000-000 HRUL 00-04-12 H THIRD READING 00-04-12 H DEADLINE EXTENDED 00-04-12 H TO APRIL 14, 2000 00-04-12 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 00-04-13 H ALTERNATE PRIMARY SPONSOR CHANGED TO MADIGAN,MJ 00-04-14 H AMENDMENT NO. 01-MADIGAN,MJ 00-04-14 H AMENDMENT REFERRED TO HRUL 00-04-14 H FISCAL NOTE FILED AS AMENDED BY HOUSE AMEND #1 00-04-14 H FISCAL NOTE FILED AS AMENDED BY HOUSE AMEND #1 00-04-14 H HOUSING AFORDABLTY IMPCT NOTE REQUESTED BLACK 00-04-14 H JUDICIAL NOTE REQUESTED BLACK 00-04-14 H HOUSING AFORDABILITY IMPCT NOTE FILED 00-04-14 H FINAL PASSAGE 00-04-14 H DEADLINE EXTENDED 00-04-14 H UNTIL - 04/16/00 00-04-14 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 00-04-15 H AMENDMENT NO. 02-MADIGAN,MJ 00-04-15 H AMENDMENT REFERRED TO HRUL 00-04-15 H RULES REFERS TO HCON 00-04-15 H RECOMMENDS BE ADOPTED HCON/008-000-000 00-04-15 H FISCAL NOTE FILED AS AMENDED BY HOUSE AMEND #2 00-04-15 H JUDICIAL NOTE REQUEST-WITHDRAWN BLACK 00-04-15 H ADDED AS A JOINT SPONSOR FRITCHEY 00-04-15 H AMENDMENT NO. 02-MADIGAN,MJ 00-04-15 H ADOPTED 00-04-15 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 00-04-15 H TABLED PURSUANT TO RULE 40(a) HA #01 00-04-15 H THIRD READING/SHORT DEBATE/PASSED 117-000-000 00-04-15 S SECRETARYS DESK - CONCURRENCE 02 00-04-15 S FILED WITH SECRETARY 00-04-15 S MOTION TO CONCUR - HOUSE AMENDMENT NO 02/O'MALLEY 00-04-15 S MOTION REFERRED TO SRUL 00-04-15 S MOTION TO CONCUR - HOUSE AMENDMENT NO 02/O'MALLEY 00-04-15 S BE APPROVED FOR CONSIDERATION SRUL 00-04-15 S MOTION TO CONCUR - HOUSE AMENDMENT NO 02/O'MALLEY 00-04-15 S SEN CONCURS IN HSE AMENDMENTS (NO.) 02/057-000-001 00-04-15 S PASSED BOTH HOUSES 00-04-19 S SENT TO THE GOVERNOR 00-05-06 S GOVERNOR APPROVED 00-05-06 S EFFECTIVE DATE 00-05-06 00-05-06 S PUBLIC ACT.............................. 91-0698 END OF INQUIRY Full Text Bill Summary