Bill Status of HB 5289   94th General Assembly


Short Description:  INTEREST ACT-CREDIT RATES

House Sponsors
Rep. Rosemary Mulligan

Committee Hearing
State Government Administration Committee Hearing Feb 15 2006 2:00PM Capitol Building Room 115 Springfield, IL

Last Action  View All Actions

DateChamber Action
  2/9/2006HouseTabled By Sponsor Rep. Rosemary Mulligan

Statutes Amended In Order of Appearance
815 ILCS 205/4.5 new

Synopsis As Introduced
Amends the Interest Act. Requires that any lender doing business in the State or issuing revolving credit to a debtor residing in the State shall provide a list of its current credit interest rates to the Comptroller and the Treasurer of Illinois on the first of each month. Requires the Comptroller and Treasurer to publish and maintain, on their respective State websites, a listing of the current credit interest rates for each lender. Effective immediately.

Actions 
DateChamber Action
  1/25/2006HouseFiled with the Clerk by Rep. Rosemary Mulligan
  1/25/2006HouseFirst Reading
  1/25/2006HouseReferred to Rules Committee
  2/7/2006HouseAssigned to State Government Administration Committee
  2/9/2006HouseTabled By Sponsor Rep. Rosemary Mulligan

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