Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

205 ILCS 670/20

from Ch. 17, par. 5426

815 ILCS 122/4-10

Synopsis As Introduced
Amends the Consumer Installment Loan Act. Provides that if any person who is not licensed under the Act makes a loan pursuant to the Act to an Illinois consumer, then the loan shall be null and void and the person who made the loan shall have no right to collect, receive, or retain any principal, interest, or charges related to the loan. Amends the Payday Loan Reform Act. Provides that if any lender who is not licensed under the Act makes a loan pursuant to the Act to an Illinois consumer, then the loan shall be null and void and the lender who made the loan shall have no right to collect, receive, or retain any principal, interest, or charges related to the loan. Effective January 1, 2013.

Actions 

Date	Chamber	Action
2/1/2012	Senate	Filed with Secretary by Sen. Antonio Muņoz
2/1/2012	Senate	First Reading
2/1/2012	Senate	Referred to Assignments
2/2/2012	Senate	Added as Chief Co-Sponsor Sen. Kimberly A. Lightford
2/22/2012	Senate	Assigned to Financial Institutions
2/23/2012	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
3/1/2012	Senate	Postponed - Financial Institutions
3/9/2012	Senate	Rule 3-9(a) / Re-referred to Assignments
3/23/2012	Senate	Added as Co-Sponsor Sen. Emil Jones, III
1/8/2013	Senate	Session Sine Die

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