<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5341         </title>
<shortdesc>PAYDAY LOAN 39% APR LIMIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Mary Edly-Allen-Anna Moeller-Lawrence Walsh, Jr., Carol Ammons, Joyce Mason, Monica Bristow, Stephanie A. Kifowit, Robyn Gabel, Marcus C. Evans, Jr., Nicholas K. Smith, Kathleen Willis, Terra Costa Howard, Diane Pappas, La Shawn K. Ford, Michael Halpin, Karina Villa, Chris Miller and Tom Weber</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 122/2-5</reference><aliasreference></aliasreference><SynopsisText>     Amends the Payday Loan Reform Act. Provides that the finance charge for a payday loan shall not exceed an annual percentage rate of 39%.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Mary Edly-Allen</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Anna Moeller</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Lawrence Walsh, Jr.</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Carol Ammons</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Joyce Mason</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Monica Bristow</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Stephanie A. Kifowit</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Robyn Gabel</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Marcus C. Evans, Jr.</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Nicholas K. Smith</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kathleen Willis</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Terra Costa Howard</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Diane Pappas</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. La Shawn K. Ford</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael Halpin</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Karina Villa</action>
<statusdate>2/19/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chris Miller</action>
<statusdate>2/25/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Tom Weber</action>
<statusdate>3/17/2020</statusdate><chamber>House</chamber><action>Assigned to Financial Institutions Committee</action>
<statusdate>6/23/2020</statusdate><chamber>House</chamber><action>Rule 19(b) / Re-referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

