IL HB0743 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Sales Finance Agency Act to provide that a sales finance agency shall not finance, enter into a retail installment contract, or make a loan for the purchase of a companion animal as defined by the Humane Care for Animals Act. Provides that if a sales finance agency violates the provisions of the Section, the financing, retail installment contract, or loan shall be null and void and the sales finance agency shall have no right to collect, receive, or retain any principal, interest, or charges related to the loan, retail installment contract, or financing.

Tracking Information

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Title

SALES FINANCE AGENCY ACT

Sponsors


History

DateChamberAction
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-08HouseTo Financial Protection Subcommittee
2021-03-02HouseAssigned to Consumer Protection Committee
2021-02-10HouseReferred to Rules Committee
2021-02-10HouseFirst Reading
2021-02-08HouseFiled with the Clerk by Rep. Jonathan Carroll

Code Citations

ChapterArticleSectionCitation TypeStatute Text
20566010.6New CodeSee Bill Text

Illinois State Sources


Bill Comments

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