PREDATORY LOAN PREVENTION ACT House SponsorsRep. Jonathan Carroll 1/10/2023HouseSession Sine Die 10100SB1792enr., Sec. 15-1-510100SB1792enr., Sec. 15-5-5205 ILCS 670/15from Ch. 17, par. 5415205 ILCS 670/17.5 If and only if Senate Bill 1792 of the 101st General Assembly becomes law, amends the Predatory Loan Prevention Act. In provisions concerning purpose and construction of the Predatory Loan Prevention Act, removes a reference to the Military Lending Act. In provisions concerning an annual percentage rate cap, provides that the annual percentage rate shall be calculated as such rate is calculated using the system for calculating the annual percentage rate under the federal Truth in Lending Act and Part 226 of Title 12 of the Code of Federal Regulations (rather than a military annual percentage rate). Amends the Consumer Installment Loan Act. Provides that licensees shall enter information regarding each loan that is repayable in less than 12 months into the certified database, and for every title-secured loan made, the licensee shall input information as provided in the Illinois Administrative Code. Defines "title-secured loan". Removes provisions concerning small consumer loans and the certified database. Removes a provision stating that all personally identifiable information regarding any consumer obtained by way of the certified database is strictly confidential and shall be exempt from disclosure under the Freedom of Information Act. Effective immediately or on the date Senate Bill 1792 of the 101st General Assembly takes effect, whichever is later. 2/19/2021HouseFiled with the Clerk by Rep. Jonathan Carroll 2/19/2021HouseFirst Reading 2/19/2021HouseReferred to Rules Committee 3/16/2021HouseAssigned to Executive Committee 3/27/2021HouseRule 19(a) / Re-referred to Rules Committee 1/10/2023HouseSession Sine Die