Roll Call: IL HB4873 | 2017-2018 | 100th General Assembly
For additional roll call votes on Illinois HB4873 please see the Vote List
Bill Title: Amends the Payday Loan Reform Act. Authorizes a lender to charge a borrower for the verification that the proposed loan agreement is permissible: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). Authorizes a certified consumer reporting service to charge the following verification fees upon a loan being made or entered into a certified database: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2019-01-04 - Public Act . . . . . . . . . 100-1168 [HB4873 Detail]
Text: Latest bill text (Chaptered) [HTML]
Bill Title: Amends the Payday Loan Reform Act. Authorizes a lender to charge a borrower for the verification that the proposed loan agreement is permissible: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). Authorizes a certified consumer reporting service to charge the following verification fees upon a loan being made or entered into a certified database: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Passed) 2019-01-04 - Public Act . . . . . . . . . 100-1168 [HB4873 Detail]
Text: Latest bill text (Chaptered) [HTML]
Vote: Third Reading in Senate
Vote | Tally | Democrat | Republican |
---|---|---|---|
Yea | 45 | 28 | 17 |
Nay | 3 | - | 3 |
Not Voting | 11 | 9 | 2 |
Absent | - | - | - |
TOTAL | 59 | 37 | 22 |