Bill Status of HB 3517   103rd General Assembly


Short Description:  BANKING-CONFESSION OF JUDGMENT

House Sponsors
Rep. Nabeela Syed

Last Action  View All Actions

DateChamber Action
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
205 ILCS 5/32.2 new

Synopsis As Introduced
Amends the Illinois Banking Act. Provides that no financial institution shall make a loan or extension of credit to a small business that contains a confession of judgment clause.

Actions 
DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Nabeela Syed
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to Financial Institutions and Licensing Committee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

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