Bill Text: IL HB3257 | 2011-2012 | 97th General Assembly | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Payday Loan Reform Act. Provides that notwithstanding any other provision of law, a violation of any provision of Section 670 of the John Warner National Defense Authorization Act for Fiscal Year 2007, Public Law 109-364, or any regulation adopted pursuant thereto shall be deemed to be a violation of the Payday Loan Reform Act. Strikes language regarding limiting collection efforts of payday loan lenders against consumers who are members of the military.
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: (Passed) 2011-08-16 - Public Act . . . . . . . . . 97-0413 [HB3257 Detail]
Download: Illinois-2011-HB3257-Amended.html
Bill Title: Amends the Payday Loan Reform Act. Provides that notwithstanding any other provision of law, a violation of any provision of Section 670 of the John Warner National Defense Authorization Act for Fiscal Year 2007, Public Law 109-364, or any regulation adopted pursuant thereto shall be deemed to be a violation of the Payday Loan Reform Act. Strikes language regarding limiting collection efforts of payday loan lenders against consumers who are members of the military.
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: (Passed) 2011-08-16 - Public Act . . . . . . . . . 97-0413 [HB3257 Detail]
Download: Illinois-2011-HB3257-Amended.html
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1 | AMENDMENT TO HOUSE BILL 3257
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2 | AMENDMENT NO. ______. Amend House Bill 3257 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 5. The Payday Loan Reform Act is amended by adding | ||||||
5 | Section 2-51 as follows:
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6 | (815 ILCS 122/2-51 new) | ||||||
7 | Sec. 2-51. Violation of Federal law constitutes a violation | ||||||
8 | of this Act with respect to practices concerning members of the | ||||||
9 | military and their dependents. Notwithstanding any other | ||||||
10 | provision of law, a violation of any provision of Section 670 | ||||||
11 | of the John Warner National Defense Authorization Act for | ||||||
12 | Fiscal Year 2007, Public Law 109-364, or any regulation adopted | ||||||
13 | pursuant thereto shall be deemed to be a violation of this | ||||||
14 | Act. ".
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