Date	Chamber	Action
1/13/2015	Senate	Session Sine Die

Statutes Amended In Order of Appearance

205 ILCS 670/1

from Ch. 17, par. 5401

205 ILCS 670/12

from Ch. 17, par. 5412

205 ILCS 670/19.2

815 ILCS 122/2-5

815 ILCS 122/3-5

Synopsis As Introduced
Amends the Consumer Installment Loan Act. Provides that no licensee shall conduct the business of making loans under the Act within any office, suite, room, or other place of business in which any other business is solicited or engaged unless the other business is licensed by any licensing authority in this State or, in the opinion of the Director of Financial Institutions, the other business would not be contrary to the best interests of consumers. Amends the Payday Loan Reform Act. Provides that no licensee shall conduct the business of making loans under the Act within any office, suite, room, or place of business in which any other business is solicited or engaged in unless the other business is licensed by any licensing authority in this State or, in the opinion of the Secretary of Financial and Professional Regulation, the other business would not be contrary to the best interests of consumers and is authorized by the Secretary of in writing. Changes the maximum time period for payday loans to 182 days (was 180 days). Effective immediately.

Actions 

Date	Chamber	Action
2/15/2013	Senate	Filed with Secretary by Sen. Antonio Muņoz
2/15/2013	Senate	First Reading
2/15/2013	Senate	Referred to Assignments
3/5/2013	Senate	Assigned to Financial Institutions
3/13/2013	Senate	Postponed - Financial Institutions
3/22/2013	Senate	Rule 2-10 Committee Deadline Established As April 19, 2013
4/19/2013	Senate	Rule 3-9(a) / Re-referred to Assignments
1/13/2015	Senate	Session Sine Die

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