Votes: IL SB1758 | 2019-2020 | 101st General Assembly
Bill Title: Amends the Consumer Installment Loan Act and the Payday Loan Reform Act. Provides that "substantially equal installment" includes a last regularly scheduled payment that is no more than 5% as large as the previous scheduled payment according to a disclosed payment schedule agreed to by the parties. Effective immediately.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Passed) 2019-08-23 - Public Act . . . . . . . . . 101-0563 [SB1758 Detail]
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Passed) 2019-08-23 - Public Act . . . . . . . . . 101-0563 [SB1758 Detail]
Text: Latest bill text (Chaptered) [HTML]
Voting Records
Chamber | Vote | Date | Yea | Nay | NV | Abs | Total | Result | Source | View |
---|---|---|---|---|---|---|---|---|---|---|
Senate | Concurrence in Senate | 2019-05-31 | 59 | 0 | 0 | 0 | 59 | Passed | Link | View |
House | Third Reading in House | 2019-05-28 | 114 | 0 | 1 | 1 | 116 | Passed | Link | View |
Senate | Third Reading in Senate | 2019-03-28 | 49 | 0 | 10 | 0 | 59 | Passed | Link | View |