Comments: IL HB5301 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Installment Sales Contract Act. Excludes from the scope of the term "installment sales contract" a financing arrangement for the transfer of residential real estate that for religious or cultural reasons does not allow for the imposition or collection of interest. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2019-01-08 - Session Sine Die [HB5301 Detail]

Text: Latest bill text (Introduced) [HTML]

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