CONSUMER LEGAL-REFINANCING Senate SponsorsSen. Bill Cunningham 1/7/2025SenateSession Sine Die 815 ILCS 121/25815 ILCS 121/30815 ILCS 121/165Amends the Consumer Legal Funding Act. Provides that, notwithstanding any other law, a consumer legal funding may be refinanced as authorized by rule. Provides that the Department of Financial and Professional Regulation shall publish first notice of a rule concerning the refinancing of consumer legal fundings in the Illinois Register in accordance with the Illinois Administrative Procedure Act within 120 days after the effective date of the amendatory Act. Authorizes the Department to adopt rules to permit the refinancing of consumer legal fundings. Makes conforming changes to contract disclosures. 1/31/2024SenateFiled with Secretary by Sen. Bill Cunningham 1/31/2024SenateFirst Reading 1/31/2024SenateReferred to Assignments 2/6/2024SenateAssigned to Judiciary 3/15/2024SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die