IL HB2768 | 2019-2020 | 101st General Assembly
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on February 14 2019 - 25% progression, died in committee
Action: 2019-03-29 - House Committee Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 14 2019 - 25% progression, died in committee
Action: 2019-03-29 - House Committee Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Consumer Fraud and Deceptive Business Practices Act. Requires a business that extends credit to consumers in the conduct of its business to provide to consumers a document that explains to the consumer the interest rate applied to the transaction, the manner of calculating the interest rate, and the payments required under the terms of the credit extended. Provides that a violation constitutes an unlawful practice within the meaning of the Act.
Title
EXTENSION OF CREDIT-DISCLOSURE
Sponsors
Rep. Maurice West [D] | Rep. Thaddeus Jones [D] | Rep. Rita Mayfield [D] | Rep. Jennifer Gong-Gershowitz [D] |
Rep. Delia Ramirez [D] | Rep. Michelle Mussman [D] |
History
Date | Chamber | Action |
---|---|---|
2019-03-29 | House | House Committee Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee |
2019-03-29 | House | House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee |
2019-03-29 | House | Rule 19(a) / Re-referred to Rules Committee |
2019-03-19 | House | House Committee Amendment No. 2 Rules Refers to Labor & Commerce Committee |
2019-03-19 | House | House Committee Amendment No. 1 Rules Refers to Labor & Commerce Committee |
2019-03-14 | House | Added Chief Co-Sponsor Rep. Rita Mayfield |
2019-03-14 | House | Added Chief Co-Sponsor Rep. Thaddeus Jones |
2019-03-14 | House | Added Co-Sponsor Rep. Michelle Mussman |
2019-03-14 | House | Added Co-Sponsor Rep. Delia C. Ramirez |
2019-03-14 | House | Added Co-Sponsor Rep. Jennifer Gong-Gershowitz |
2019-03-14 | House | House Committee Amendment No. 2 Referred to Rules Committee |
2019-03-14 | House | House Committee Amendment No. 2 Filed with Clerk by Rep. Maurice A. West, II |
2019-03-13 | House | House Committee Amendment No. 1 Referred to Rules Committee |
2019-03-13 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Maurice A. West, II |
2019-02-26 | House | Assigned to Labor & Commerce Committee |
2019-02-14 | House | Referred to Rules Committee |
2019-02-14 | House | First Reading |
2019-02-14 | House | Filed with the Clerk by Rep. Maurice A. West, II |