PAYDAY LOAN VIDEO DISCLOSURE House SponsorsRep. C.D. Davidsmeyer 12/3/2014HouseSession Sine Die 815 ILCS 122/2-20 Amends the Payday Loan Reform Act. Provides that the Department of Financial and Professional Regulation shall develop a short video depicting the manner in which compound interest works and setting forth statutorily required disclosures. Requires the video to be available in Spanish and English and to be presented to payday loan customers at the time of a transaction. 2/6/2014HouseFiled with the Clerk by Rep. C.D. Davidsmeyer 2/7/2014HouseFirst Reading 2/7/2014HouseReferred to Rules Committee 12/3/2014HouseSession Sine Die