Date	Chamber	Action
1/13/2021	Senate	Session Sine Die

Statutes Amended In Order of Appearance

205 ILCS 405/4

from Ch. 17, par. 4808

205 ILCS 405/13.1

from Ch. 17, par. 4822

205 ILCS 405/14

from Ch. 17, par. 4823

205 ILCS 405/16

from Ch. 17, par. 4832

205 ILCS 660/5

from Ch. 17, par. 5205

205 ILCS 660/6

from Ch. 17, par. 5206

205 ILCS 665/4

from Ch. 17, par. 5304

205 ILCS 665/6

from Ch. 17, par. 5306

205 ILCS 670/2

from Ch. 17, par. 5402

205 ILCS 670/4

from Ch. 17, par. 5404

205 ILCS 670/8

from Ch. 17, par. 5408

205 ILCS 670/11

from Ch. 17, par. 5411

205 ILCS 670/12.5

815 ILCS 122/2-55

815 ILCS 122/3-5

Synopsis As Introduced
Amends the Currency Exchange Act, the Sales Finance Agency Act, the Debt Management Service Act, the Consumer Installment Loan Act, and the Payday Loan Reform Act. Changes application fees, license fees, initial license fees, and fees to operate under those Acts. Changes the fine for late annual consumer installment loan reports to $500 (instead of $25) for each day beyond March 1 such report is filed. Establishes an initial license fee to operate as a payday lender in the amount of $1,250. Changes the fine for late annual payday lender reports to $500 (instead of $25) for each day beyond March 1 such report is filed. In the Sales Finance Agency Act, the Consumer Installment Loan Act, and the Payday Loan Reform Act, makes changes to the expiration date of licenses under those Acts and adds a fee to reinstate an expired license. Effective immediately.

Actions 

Date	Chamber	Action
2/11/2020	Senate	Filed with Secretary by Sen. Jacqueline Y. Collins
2/11/2020	Senate	First Reading
2/11/2020	Senate	Referred to Assignments
1/13/2021	Senate	Session Sine Die

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