Date	Chamber	Action
7/28/2023	House	Public Act . . . . . . . . . 103-0339

Statutes Amended In Order of Appearance

205 ILCS 660/10.6

815 ILCS 123/15-5-16 new

815 ILCS 405/29.5 new

Synopsis As Introduced
Amends the Sales Finance Agency Act. Provides that a licensee shall not assist a person or make loans to assist a person purchasing a canine or feline secured by: (1) a retail installment contract; (2) a retail charge agreement; or (3) the outstanding balance under a retail installment contract or a retail charge agreement. Amends the Predatory Loan Prevention Act and the Retail Installment Sales Act to make corresponding changes.

House Floor Amendment No. 1
Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes: Provides that no sales finance agency shall purchase or make a loan secured by: (1) a retail installment contract for the sale of a canine or feline; (2) a retail charge agreement for the sale of a canine or feline; or (3) the outstanding balance under a retail installment contract or a retail charge agreements for the sale of a canine or feline. Provides that any sales finance agency that purchases a contract or agreement or makes a loan in violation of the prohibition has no right to collect, receive, or retain any principal, interest, or charges related to the contract, agreement, or loan, and any such loan is null and void.

Senate Committee Amendment No. 1
Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill with the following changes: Provides that the provisions apply to loans and retail installment transactions entered into on or after the effective date of the amendatory Act and shall not be construed to apply to loans and retail installment transactions entered into before the effective date of the amendatory Act.

Actions 

Date	Chamber	Action
2/16/2023	House	Filed with the Clerk by Rep. Jonathan Carroll
2/17/2023	House	First Reading
2/17/2023	House	Referred to Rules Committee
2/23/2023	House	Assigned to Consumer Protection Committee
3/1/2023	House	Added Co-Sponsor Rep. Rita Mayfield
3/2/2023	House	Added Chief Co-Sponsor Rep. Joyce Mason
3/2/2023	House	Chief Co-Sponsor Changed to Rep. Joyce Mason
3/7/2023	House	Do Pass / Short Debate Consumer Protection Committee; 009-000-000
3/8/2023	House	Placed on Calendar 2nd Reading - Short Debate
3/21/2023	House	House Floor Amendment No. 1 Filed with Clerk by Rep. Jonathan Carroll
3/21/2023	House	House Floor Amendment No. 1 Referred to Rules Committee
3/22/2023	House	House Floor Amendment No. 1 Rules Refers to Consumer Protection Committee
3/22/2023	House	Second Reading - Short Debate
3/22/2023	House	Held on Calendar Order of Second Reading - Short Debate
3/23/2023	House	House Floor Amendment No. 1 Recommends Be Adopted Consumer Protection Committee; 009-000-000
3/24/2023	House	House Floor Amendment No. 1 Adopted
3/24/2023	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/24/2023	House	Third Reading - Short Debate - Passed 093-010-000
3/27/2023	Senate	Arrive in Senate
3/27/2023	Senate	Placed on Calendar Order of First Reading
3/27/2023	Senate	Chief Senate Sponsor Sen. Linda Holmes
3/27/2023	Senate	First Reading
3/27/2023	Senate	Referred to Assignments
4/18/2023	Senate	Assigned to Financial Institutions
4/21/2023	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Linda Holmes
4/21/2023	Senate	Senate Committee Amendment No. 1 Referred to Assignments
4/25/2023	Senate	Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
4/25/2023	Senate	Senate Committee Amendment No. 1 Adopted; Financial Institutions
4/26/2023	Senate	Do Pass as Amended Financial Institutions; 007-000-000
4/26/2023	Senate	Placed on Calendar Order of 2nd Reading April 27, 2023
5/2/2023	Senate	Second Reading
5/2/2023	Senate	Placed on Calendar Order of 3rd Reading May 3, 2023
5/4/2023	Senate	Third Reading - Passed; 056-000-000
5/8/2023	House	Arrived in House
5/8/2023	House	Placed on Calendar Order of Concurrence Senate Amendment(s) 1
5/9/2023	House	Senate Committee Amendment No. 1 Motion Filed Concur Rep. Jonathan Carroll
5/9/2023	House	Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
5/15/2023	House	Senate Committee Amendment No. 1 Motion to Concur Referred to Consumer Protection Committee
5/16/2023	House	Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Consumer Protection Committee; 008-000-000
5/17/2023	House	Senate Committee Amendment No. 1 House Concurs 100-011-000
5/17/2023	House	House Concurs
5/17/2023	House	Passed Both Houses
6/15/2023	House	Sent to the Governor
7/28/2023	House	Governor Approved
7/28/2023	House	Effective Date January 1, 2024
7/28/2023	House	Public Act . . . . . . . . . 103-0339

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