Illinois House Bill 2300 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Amended) [HTML]

Amends the Consumer Installment Loan Act. Defines "lawsuit lending", "lawsuit lender", and "dispute". Provides that the Act shall apply to all lawsuit lending and all lawsuit lenders. Provides that, in any dispute in which a lawsuit lender provides lawsuit lending to a party, any and all documents that the lawsuit lender obtained from the party in connection with making any decision to begin lawsuit lending shall be produced to the opposing party without awaiting a discovery request and any agreement between the lawsuit lender and the party must be disclosed to the court and produced to the opposing party. Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that a lawsuit lender shall be considered a person who is regularly engaged in the business of making loans to consumers for the purposes of provisions concerning repeated violations of certain Acts and advertisements containing certain terms. Effective immediately.

CONSUMER LOAN-LAWSUIT LENDING

Rep. Andre Thapedi [D]

Sen. Jil Tracy [R]

Rep. Maria Berrios [D]

Rep. Ronald Sandack [R]

Date	Chamber	Action
2014-12-03	House	Session Sine Die
2013-03-22	House	House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
2013-03-22	House	Rule 19(a) / Re-referred to Rules Committee
2013-03-18	House	House Committee Amendment No. 1 Rules Refers to Judiciary
2013-03-14	House	House Committee Amendment No. 1 Fiscal Note Filed as Amended
2013-03-13	House	House Committee Amendment No. 1 Referred to Rules Committee
2013-03-13	House	House Committee Amendment No. 1 Filed with Clerk by Rep. André M. Thapedi
2013-03-05	House	Added Chief Co-Sponsor Rep. Ron Sandack
2013-03-01	House	Added Chief Co-Sponsor Rep. Maria Antonia Berrios
2013-02-25	House	Assigned to Judiciary
2013-02-20	House	Added Chief Co-Sponsor Rep. Jil Tracy
2013-02-19	House	Referred to Rules Committee
2013-02-19	House	First Reading
2013-02-19	House	Filed with the Clerk by Rep. André M. Thapedi

Chapter	Article	Section	Citation Type	Statute Text
205	670	21.5	New Code	See Bill Text
815	505	2E	Amended Code	Citation Text
815	505	2K	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2300&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB2300.htm
Text	https://www.ilga.gov/legislation/98/HB/09800HB2300ham001.htm