Illinois House Bill 5840 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 23-1)
Status: Introduced on November 14 2022 - 25% progression, died in committee
Action: 2023-01-05 - Added Co-Sponsor Rep. Joyce Mason
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Pawnbroker Regulation Act. Clarifies that it shall be unlawful for any pawnbroker to charge or collect a greater benefit or percentage upon money advanced, and for the use and forbearance thereof, than permitted under the Predatory Loan Prevention Act. Amends the Predatory Loan Prevention Act. Provides that the definition of "loan" includes transactions subject to the Pawnbroker Regulation Act. Provides that it is a violation of the Act for any person or entity to solicit, broker, or otherwise engage in any other activity intended to facilitate or result in, or that in fact facilitates or results in, the origination of a loan that violates the Act. Provides that it is a violation of the Act for any person or entity to advertise or cause to be advertised a loan that violates the Act. Provides that a violation of the Act by a person or entity licensed under the Pawnbroker Regulation Act shall subject the person or entity to discipline in accordance with that Act. Makes other changes. Effective June 1, 2023.

PREDATORY LOANS-PAWNBROKERS

Rep. Sonya Harper [D]	Sen. Andrew Chesney [R]	Rep. Kambium Buckner [D]	Rep. Dagmara Avelar [D]
Rep. Kelly Cassidy [D]	Rep. Marcus Evans [D]	Rep. Robyn Gabel [D]	Rep. Will Guzzardi [D]
Rep. Barbara Hernandez [D]	Rep. Lindsey LaPointe [D]	Rep. Anna Moeller [D]	Rep. Ann Williams [D]
Rep. Sam Yingling [D]	Rep. Theresa Mah [D]	Rep. Margaret Croke [D]	Rep. Robert Rita [D]
Rep. Stephanie Kifowit [D]	Rep. Jennifer Gong-Gershowitz [D]	Rep. Aaron Ortiz [D]	Rep. Kelly Burke [D]
Rep. Jehan Gordon-Booth [D]	Rep. Anne Stava-Murray [D]	Rep. Debbie Meyers-Martin [D]	Rep. Joyce Mason [D]

Date	Chamber	Action
2023-01-05	House	Added Co-Sponsor Rep. Joyce Mason
2022-12-09	House	Added Co-Sponsor Rep. Debbie Meyers-Martin
2022-12-02	House	Added Co-Sponsor Rep. Anne Stava-Murray
2022-11-30	House	Added Co-Sponsor Rep. Jehan Gordon-Booth
2022-11-30	House	Added Co-Sponsor Rep. Kelly M. Burke
2022-11-30	House	Added Co-Sponsor Rep. Aaron M. Ortiz
2022-11-30	House	Added Co-Sponsor Rep. Jennifer Gong-Gershowitz
2022-11-30	House	Added Co-Sponsor Rep. Stephanie A. Kifowit
2022-11-30	House	Added Chief Co-Sponsor Rep. Andrew S. Chesney
2022-11-28	House	Added Co-Sponsor Rep. Robert Rita
2022-11-28	House	Added Co-Sponsor Rep. Margaret Croke
2022-11-28	House	Added Co-Sponsor Rep. Theresa Mah
2022-11-16	House	Referred to Rules Committee
2022-11-16	House	First Reading
2022-11-15	House	Added Co-Sponsor Rep. Sam Yingling
2022-11-15	House	Added Co-Sponsor Rep. Ann M. Williams
2022-11-15	House	Added Co-Sponsor Rep. Anna Moeller
2022-11-15	House	Added Co-Sponsor Rep. Lindsey LaPointe
2022-11-15	House	Added Co-Sponsor Rep. Barbara Hernandez
2022-11-15	House	Added Co-Sponsor Rep. Will Guzzardi
2022-11-15	House	Added Co-Sponsor Rep. Robyn Gabel
2022-11-15	House	Added Co-Sponsor Rep. Marcus C. Evans, Jr.
2022-11-15	House	Added Co-Sponsor Rep. Kelly M. Cassidy
2022-11-15	House	Added Co-Sponsor Rep. Dagmara Avelar
2022-11-15	House	Added Co-Sponsor Rep. Kambium Buckner
2022-11-14	House	Filed with the Clerk by Rep. Sonya M. Harper

Chapter	Article	Section	Citation Type	Statute Text
205	510	2	Amended Code	Citation Text
815	123	15-1-10	Amended Code	Citation Text
815	123	15-1-5	Amended Code	Citation Text
815	123	15-10-5	Amended Code	Citation Text
815	123	15-5-10	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5840&GAID=16&DocTypeID=HB&SessionID=110&GA=102
Text	https://www.ilga.gov/legislation/102/HB/10200HB5840.htm