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<xml>
<title>Illinois General Assembly - Bill Status for HB 5523         </title>
<shortdesc>PAYDAY LOAN CLIENT IDENTITY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Emanuel Chris Welch-Carol Ammons, Justin Slaughter and Nicholas K. Smith</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 lenders must verify the identity of borrowers before making a loan under the Act. Requires inspection and copying of a government-issued identification document. Allows identifications to be made by licensees under the Currency Exchange Act and other licensees approved by the Department of Financial and Professional Regulation on behalf of lenders under the Payday Loan Reform Act.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Emanuel Chris Welch</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>2/28/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Justin Slaughter</action>
<statusdate>3/3/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Nicholas K. Smith</action>
<statusdate>3/5/2020</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Carol Ammons</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>

