<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3415         </title>
<shortdesc>RENTAL-PURCHASE AGREEMENT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Brandon W. Phelps</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 655/1.5 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Rental-Purchase Agreement Act. Provides that a rental-purchase agreement shall not be construed to be or governed by laws relating to a retail installment transaction, as defined under the Retail Installment Sales Act, or construed to be or governed by laws relating to a lease or agreement that constitutes a security interest, as defined in specified provisions of the Uniform Commercial Code.</SynopsisText></synopsis>
<actions>
<statusdate>2/27/2013</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Brandon W. Phelps</action>
<statusdate>2/27/2013</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/27/2013</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

