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IL SB3083
Bill
AI Summary
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Changes the Consumer Installment Loan Act license renewal date from December 15th to December 1st.
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Changes the Payday Loan Reform Act license renewal date from December 31st to December 1st.
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Licenses automatically expire if not renewed by the new December 1st deadline, though the Director or Secretary may reinstate expired licenses upon payment of fees and proof of good cause.
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Takes effect immediately upon becoming law.
Legislative Description
CONSUMER/PAYDAY LOAN-LICENSE
Last Action
Session Sine Die
1/9/2019
Committee Referrals
Assignments4/27/2018
Financial Institutions2/21/2018
Assignments2/15/2018
Full Bill Text
No bill text available