HB 3478 Illinois House · 104th Regular Session

CONSUMER INSTALLMENT LOAN

Summary
Amends the Consumer Installment Loan Act. Provides that a certified database provider may charge a fee not to exceed the lesser of $5 or 0.1% of the loan principal (rather than $1) for each loan entered into the certified database.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2025 Last action Feb 18, 2025
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Feb 18, 2025
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bob Rita
Bob Rita
DDemocratic
IL
28