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<xml>
<title>Illinois General Assembly - Bill Status for SB 2479         </title>
<shortdesc>CONSUMER REPORTING SERVICE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Mattie Hunter</sponsors>
</sponsor>
<lastaction>
<statusdate>2/7/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>205 ILCS 670/17.5</reference><aliasreference></aliasreference><SynopsisText>Amends the Consumer Installment Loan Act. Provides that the certified database provider shall indemnify the licensee against all claims and actions arising from illegal or willful or wanton acts on the part of the certified database provider. The certified database provider may charge a fee not to exceed the lesser of $1 or 0.1% of the loan principal for each loan entered into the certified database. Prohibits the database provider from charging any additional fees or charges to the licensee. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2025</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Mattie Hunter</action>
<statusdate>2/7/2025</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/7/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</actions>
</xml>

