Bill Texts: IL SB3577 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Consumer Installment Loan Act. Provides that an entity licensed under the Act shall enter information regarding each loan that exceeds $500 (rather than all loans) into the consumer reporting service database and shall follow the Department of Financial and Professional Regulation's related rules. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-02-09 - Referred to Assignments [SB3577 Detail]

Bill Drafts

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Introduced2024-02-09HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3577

Supplemental Documents

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No supplemental documents for Illinois SB3577 currently on file.

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