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HB 3478

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: February 18, 2025.

CONSUMER INSTALLMENT LOAN.

Bill ID IL-104-HB-3478
Session 104
Status in_committee
Committee Rules Committee
House of Representatives in_committee 2025-02-18
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.

Sponsor
Robert "Bob"" Rita"
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-18 Introduced Bill introduced
2025-02-18 Status in_committee
2025-02-18 Latest Action 2/18/2025 - House:
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