90th General Assembly
Status of SB0685
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Summary
WALSH,T-DELEO.

(SANTIAGO-SAVIANO)

   205 ILCS 670/7.5 new                                                        

        Amends the Consumer Installment  Loan  Act.  Provides  that  upon      
   written  notice  to the Director of Financial Institutions, a licensee      
   may make loans by  electronic  or  other  means  at  off-site  lending      
   locations.                                                                  
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          205 ILCS 670/7.5 new                                                 
          Adds reference to:                                                   
          205 ILCS 670/12.5 new                                                
        Replaces the substance of the bill.  Authorizes  licensees  under      
   the  Consumer  Installment  Loan  Act  to  establish  limited  purpose      
   branches for the sole purpose of making loans as permitted by the Act.      
   Effective immediately.                                                      
        SENATE AMENDMENT NO. 2.                                                
        Prohibits limited purpose  branches  from  being  located  within      
   1,000  feet  of  places  where  gaming is conducted under the Illinois      
   Horse Racing Act of 1975 or under the Riverboat Gambling Act.               
          FISCAL NOTE, S-AMS 1 & 2 (Dpt. Financial Institutions)               
          There would be no fiscal impact on the Department.                   
          STATE MANDATES FISCAL NOTE (DCCA)                                    
          SB 685 fails to create a State mandate.                              
          HOME RULE NOTE                                                       
          SB 685 does not preempt home rule authority.                         
   97-02-06  S  FIRST READING                                                  
   97-02-06  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   97-02-19  S       ASSIGNED TO COMMITTEE               FIN INST              
   97-02-26  S  ADDED AS A CHIEF CO-SPONSOR              DELEO                 
   97-02-28  S                                 POSTPONED                       
   97-03-06  S                             AMENDMENT NO. 01-FINANC. INST. S    
   97-03-06  S                                   ADOPTED                       
   97-03-06  S       DO PASS AS AMENDED                  008-000-000   SFIC    
   97-03-06  S  PLACED ON CALENDAR ORDER OF 2ND READING  97-03-11              
   97-03-12  S  FILED WITH SECRETARY                                           
   97-03-12  S                             AMENDMENT NO. 02-WALSH              
   97-03-12  S                     AMENDMENT REFERRED TO SRUL                  
   97-03-12  S                             AMENDMENT NO. 02-WALSH              
   97-03-12  S                           RULES REFERS TO SFIC                  
   97-03-18  S                             AMENDMENT NO. 02-WALSH              
   97-03-18  S                                BE ADOPTED SFIC/008-000-000      
   97-03-18  S  SECOND READING                                                 
   97-03-18  S                             AMENDMENT NO. 02-WALSH              
   97-03-18  S                                   ADOPTED                       
   97-03-18  S  PLACED ON CALENDAR ORDER OF 3RD READING  97-03-19              
   97-03-19  S  THIRD READING - PASSED                   051-002-002           
   97-03-19  H  ARRIVE IN HOUSE                                                
   97-03-19  H  PLACED CALENDAR ORDER OF FIRST READING                         
   97-03-21  H  HOUSE SPONSOR                            SANTIAGO              
   97-03-21  H  FIRST READING                                                  
   97-03-21  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   97-04-08  H       ASSIGNED TO COMMITTEE               FIN INSTIT            
   97-04-14  H  ADDED AS A JOINT SPONSOR                 SAVIANO               
   97-04-30  H  DO PASS/SHORT DEBATE                     017-006-002   HFIN    
   97-04-30  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   97-04-30  H                     FISCAL NOTE REQUESTED DEUCHLER              
   97-04-30  H  STATE MANDATES FISCAL NOTE REQUESTED     DEUCHLER              
   97-04-30  H  HOME RULE NOTE REQUESTED                 DEUCHLER              
   97-04-30  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   97-05-06  H                         FISCAL NOTE FILED AS AMEND. SA 1 & 2    
   97-05-06  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   97-05-12  H  STATE MANDATES FISCAL NOTE FILED                               
   97-05-12  H  HOME RULE NOTE FILED                                           
   97-05-12  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   97-05-13  H  SECOND READING-SHORT DEBATE                                    
   97-05-13  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   97-05-14  H  THIRD READING/SHORT DEBATE/LOST          017-087-013           
   99-01-12  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary