Bill Amendment: IL HB0680 | 2019-2020 | 101st General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: BUSINESS-TECH
Status: 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee [HB0680 Detail]
Download: Illinois-2019-HB0680-House_Amendment_001.html
Bill Title: BUSINESS-TECH
Status: 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee [HB0680 Detail]
Download: Illinois-2019-HB0680-House_Amendment_001.html
| |||||||
| |||||||
| |||||||
| 1 | AMENDMENT TO HOUSE BILL 680
| ||||||
| 2 | AMENDMENT NO. ______. Amend House Bill 680 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
| ||||||
| 4 | "Section 5. The Sales Finance Agency Act is amended by | ||||||
| 5 | adding Section 10.6 as follows:
| ||||||
| 6 | (205 ILCS 660/10.6 new) | ||||||
| 7 | Sec. 10.6. Companion animals. A licensee shall not finance, | ||||||
| 8 | enter into a retail installment contract, or make a loan for | ||||||
| 9 | the purchase of a companion animal as defined by Section 2.01a | ||||||
| 10 | of the Humane Care for Animals Act. Notwithstanding any other | ||||||
| 11 | provision of this Act, if a lender violates this Section, the | ||||||
| 12 | financing, retail installment contract, or loan shall be null | ||||||
| 13 | and void and the licensee shall have no right to collect, | ||||||
| 14 | receive, or retain any principal, interest, or charges related | ||||||
| 15 | to the loan, retail installment contract, or financing.".
| ||||||
