Senate Sponsors: MADIGAN,L. Short description: CONS INSTALL LOAN CHARGE LIMIT Synopsis of Bill as introduced: Amends the Consumer Installment Loan Act. Limits all fees, interest, and other charges a licensee may impose in connection with a loan to 1,000% of the prime rate charged by the largest commercial bank in Illinois at the time the loan is made. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status