Illinois General Assembly - Bill Status for HB5167
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 Bill Status of HB5167  103rd General Assembly


Short Description:  INSTALLMENT LOANS-REPORTING

House Sponsors
Rep. Justin Slaughter

Last Action
DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
205 ILCS 670/17.5


Synopsis As Introduced
Amends the Consumer Installment Loan Act. Provides that an entity licensed under the Act shall enter information regarding each loan that exceeds $500 (rather than all loans) into the consumer reporting service database and shall follow the Department of Financial and Professional Regulation's related rules. Effective immediately.

Actions 
DateChamber Action
  2/8/2024HouseFiled with the Clerk by Rep. Justin Slaughter
  2/9/2024HouseFirst Reading
  2/9/2024HouseReferred to Rules Committee
  3/12/2024HouseAssigned to Financial Institutions and Licensing Committee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

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