Illinois General Assembly - Bill Status for HB5301

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Bill Status of HB5301 100th General Assembly

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Short Description: INSTALLMENT SALE NO INTEREST

House Sponsors
Rep. Marcus C. Evans, Jr.

Last Action

Date	Chamber	Action
1/8/2019	House	Session Sine Die

Statutes Amended In Order of Appearance

765 ILCS 67/5

Synopsis As Introduced
Amends the Installment Sales Contract Act. Excludes from the scope of the term "installment sales contract" a financing arrangement for the transfer of residential real estate that for religious or cultural reasons does not allow for the imposition or collection of interest. Effective immediately.

Actions

Date	Chamber	Action
2/15/2018	House	Filed with the Clerk by Rep. Marcus C. Evans, Jr.
2/16/2018	House	First Reading
2/16/2018	House	Referred to Rules Committee
2/26/2018	House	Assigned to Judiciary - Civil Committee
3/7/2018	House	To Commercial Law Subcommittee
4/13/2018	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2019	House	Session Sine Die

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