Bill Title: Amends the Payday Loan Reform Act. Provides that the Department of Financial and Professional Regulation shall develop a short video depicting the manner in which compound interest works and setting forth statutorily required disclosures. Requires the video to be available in Spanish and English and to be presented to payday loan customers at the time of a transaction.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2014-12-03 - Session Sine Die [HB5284 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2014-02-06	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB5284

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB5284 currently on file.