Illinois General Assembly - Bill Status for HB5438
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 Bill Status of HB5438  100th General Assembly


Short Description:  PAYDAY LOAN-INTEREST RATES

House Sponsors
Rep. C.D. Davidsmeyer

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
815 ILCS 122/1-10
815 ILCS 122/2-5


Synopsis As Introduced
Amends the Payday Loan Reform Act. Limits interest on payday loans to an annual percentage rate of 36%. Effective immediately.

Actions 
DateChamber Action
  2/16/2018HouseFiled with the Clerk by Rep. C.D. Davidsmeyer
  2/16/2018HouseFirst Reading
  2/16/2018HouseReferred to Rules Committee
  3/7/2018HouseAssigned to Consumer Protection Committee
  4/13/2018HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2019HouseSession Sine Die

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