Public Act 0413 97TH GENERAL ASSEMBLY

HB3257 Enrolled LRB097 10949 AEK 51532 b

Public Act 097-0413

AN ACT concerning business.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Payday Loan Reform Act is amended by adding Section 2-51 as follows:

(815 ILCS 122/2-51 new)

Sec. 2-51. Violation of Federal law constitutes a violation of this Act with respect to practices concerning members of the military and their dependents. Notwithstanding any other provision of law, a violation of any provision of Section 670 of the John Warner National Defense Authorization Act for Fiscal Year 2007, Public Law 109-364, or any regulation adopted pursuant thereto shall be deemed to be a violation of this Act.

Effective Date: 1/1/2012