Illinois General Assembly - Bill Status for HB5284

Synopsis As Introduced
Amends the Payday Loan Reform Act. Provides that the Department of Financial and Professional Regulation shall develop a short video depicting the manner in which compound interest works and setting forth statutorily required disclosures. Requires the video to be available in Spanish and English and to be presented to payday loan customers at the time of a transaction.

Actions

Date	Chamber	Action
2/6/2014	House	Filed with the Clerk by Rep. C.D. Davidsmeyer
2/7/2014	House	First Reading
2/7/2014	House	Referred to Rules Committee
12/3/2014	House	Session Sine Die

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