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<xml>
<title>Illinois General Assembly - Bill Status for HB 5289   </title>
<shortdesc>INTEREST ACT-CREDIT RATES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Rosemary Mulligan</sponsors>
</sponsor>
<committeehearing>State Government Administration Committee Hearing Feb 15 2006  2:00PM Capitol Building Room 115 Springfield, IL </committeehearing>
<lastaction>
<statusdate>2/9/2006</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Rosemary Mulligan</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 205/4.5 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Interest Act. Requires that any lender doing business in the State or issuing revolving credit to a debtor residing in the State shall provide a list of its current credit interest rates to the Comptroller and the Treasurer of Illinois on the first of each month. Requires the Comptroller and Treasurer to publish and maintain, on their respective State websites, a listing of the current credit interest rates for each lender. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/25/2006</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Rosemary Mulligan</action>
<statusdate>1/25/2006</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/25/2006</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/7/2006</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>2/9/2006</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Rosemary Mulligan</action>
</actions>
</xml>

