Illinois General Assembly - Bill Status for HB3483
Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

 Bill Status of HB3483  103rd General Assembly


Short Description:  CONSUMER FIN PROTECTION LAW

House Sponsors
Rep. Mark L. Walker

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

Statutes Amended In Order of Appearance
New Act
5 ILCS 140/7.5
20 ILCS 1205/1from Ch. 17, par. 101
20 ILCS 1205/2from Ch. 17, par. 102
20 ILCS 1205/2.5 new
20 ILCS 1205/4from Ch. 17, par. 104
20 ILCS 1205/6
20 ILCS 1205/6afrom Ch. 17, par. 107
20 ILCS 1205/7from Ch. 17, par. 108
20 ILCS 1205/8from Ch. 17, par. 109
20 ILCS 1205/15from Ch. 17, par. 116
20 ILCS 1205/16from Ch. 17, par. 117
20 ILCS 1205/17from Ch. 17, par. 118
20 ILCS 1205/18from Ch. 17, par. 119
20 ILCS 1205/18.2 new
20 ILCS 1205/18.3 new
20 ILCS 1205/18.4 new
20 ILCS 1205/18.5 new
20 ILCS 1205/9 rep.
20 ILCS 1205/10 rep.
20 ILCS 1205/11 rep.
20 ILCS 1205/12 rep.
20 ILCS 1205/13 rep.
20 ILCS 1205/13.5 rep.
20 ILCS 1205/14 rep.
30 ILCS 105/5.990 new
205 ILCS 740/13.2was 225 ILCS 425/13.2
205 ILCS 405/4from Ch. 17, par. 4808
205 ILCS 405/14from Ch. 17, par. 4823
205 ILCS 405/16from Ch. 17, par. 4832
205 ILCS 660/6from Ch. 17, par. 5206
205 ILCS 665/4from Ch. 17, par. 5304
205 ILCS 665/6from Ch. 17, par. 5306
205 ILCS 670/2from Ch. 17, par. 5402
205 ILCS 670/4from Ch. 17, par. 5404
205 ILCS 670/12.5
225 ILCS 429/30


Synopsis As Introduced
Creates the Consumer Financial Protection Law. Creates the Financial Protection Fund. Sets forth provisions concerning findings and purpose, exemptions, administration of the provisions, funds, supervision, registration requirements, consumer protection, cybersecurity, anti-fraud and anti-money laundering, enforcement, procedures, and rulemaking. Defines terms. Makes conforming changes in the Freedom of Information Act and the State Finance Act. Changes the name of the Financial Institutions Code to the Financial Institutions Act. Sets forth additional powers and duties of the Division of Financial Institutions. Sets forth provisions concerning court orders, penalty of perjury, character and fitness of licensees, and consent orders and settlement agreements. Removes specified provisions. Defines terms. Makes other changes. Makes a conforming change in the Collection Agency Act. Amends the Currency Exchange Act, the Sales Finance Agency Act, the Debt Management Service Act, the Consumer Installment Loan Act, and the Debt Settlement Consumer Protection Act. Changes application, license, and examination fees. Effective January 1, 2024.

Actions 
DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Mark L. Walker
  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

Back To Top