CONSUMER FIN PROTECTION LAW House SponsorsRep. Mark L. Walker 1/7/2025HouseSession Sine Die New Act5 ILCS 140/7.520 ILCS 1205/1from Ch. 17, par. 10120 ILCS 1205/2from Ch. 17, par. 10220 ILCS 1205/2.5 new20 ILCS 1205/4from Ch. 17, par. 10420 ILCS 1205/620 ILCS 1205/6afrom Ch. 17, par. 10720 ILCS 1205/7from Ch. 17, par. 10820 ILCS 1205/8from Ch. 17, par. 10920 ILCS 1205/15from Ch. 17, par. 11620 ILCS 1205/16from Ch. 17, par. 11720 ILCS 1205/17from Ch. 17, par. 11820 ILCS 1205/18from Ch. 17, par. 11920 ILCS 1205/18.2 new20 ILCS 1205/18.3 new20 ILCS 1205/18.4 new20 ILCS 1205/18.5 new20 ILCS 1205/9 rep.20 ILCS 1205/10 rep.20 ILCS 1205/11 rep.20 ILCS 1205/12 rep.20 ILCS 1205/13 rep.20 ILCS 1205/13.5 rep.20 ILCS 1205/14 rep.30 ILCS 105/5.990 new205 ILCS 740/13.2was 225 ILCS 425/13.2205 ILCS 405/4from Ch. 17, par. 4808205 ILCS 405/14from Ch. 17, par. 4823205 ILCS 405/16from Ch. 17, par. 4832205 ILCS 660/6from Ch. 17, par. 5206205 ILCS 665/4from Ch. 17, par. 5304205 ILCS 665/6from Ch. 17, par. 5306205 ILCS 670/2from Ch. 17, par. 5402205 ILCS 670/4from Ch. 17, par. 5404205 ILCS 670/12.5225 ILCS 429/30 Creates the Consumer Financial Protection Law. Creates the Financial Protection Fund. Sets forth provisions concerning findings and purpose, exemptions, administration of the provisions, funds, supervision, registration requirements, consumer protection, cybersecurity, anti-fraud and anti-money laundering, enforcement, procedures, and rulemaking. Defines terms. Makes conforming changes in the Freedom of Information Act and the State Finance Act. Changes the name of the Financial Institutions Code to the Financial Institutions Act. Sets forth additional powers and duties of the Division of Financial Institutions. Sets forth provisions concerning court orders, penalty of perjury, character and fitness of licensees, and consent orders and settlement agreements. Removes specified provisions. Defines terms. Makes other changes. Makes a conforming change in the Collection Agency Act. Amends the Currency Exchange Act, the Sales Finance Agency Act, the Debt Management Service Act, the Consumer Installment Loan Act, and the Debt Settlement Consumer Protection Act. Changes application, license, and examination fees. Effective January 1, 2024. 2/17/2023HouseFiled with the Clerk by Rep. Mark L. Walker 2/17/2023HouseFirst Reading 2/17/2023HouseReferred to Rules Committee 2/28/2023HouseAssigned to Financial Institutions and Licensing Committee 3/10/2023HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die