CONSUMER LOAN-LAWSUIT LENDING House SponsorsRep. André M. Thapedi-Jil Tracy-Maria Antonia Berrios-Ron Sandack 12/3/2014HouseSession Sine Die 205 ILCS 670/21.5 new815 ILCS 505/2Efrom Ch. 121 1/2, par. 262E815 ILCS 505/2Kfrom Ch. 121 1/2, par. 262K Amends the Consumer Installment Loan Act. Defines "lawsuit lending", "lawsuit lender", and "dispute". Provides that the Act shall apply to all lawsuit lending and all lawsuit lenders. Provides that, in any dispute in which a lawsuit lender provides lawsuit lending to a party, any and all documents that the lawsuit lender obtained from the party in connection with making any decision to begin lawsuit lending shall be produced to the opposing party without awaiting a discovery request and any agreement between the lawsuit lender and the party must be disclosed to the court and produced to the opposing party. Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that a lawsuit lender shall be considered a person who is regularly engaged in the business of making loans to consumers for the purposes of provisions concerning repeated violations of certain Acts and advertisements containing certain terms. Effective immediately.Fiscal Note, House Committee Amendment No. 1 (Financial & Professional Regulation) HB 2300 (H-AM 1) has a projected fiscal impact to the Illinois Department of Financial and Professional Regulation of $998,936.54. 2/19/2013HouseFiled with the Clerk by Rep. André M. Thapedi 2/19/2013HouseFirst Reading 2/19/2013HouseReferred to Rules Committee 2/20/2013HouseAdded Chief Co-Sponsor Rep. Jil Tracy 2/25/2013HouseAssigned to Judiciary 3/1/2013HouseAdded Chief Co-Sponsor Rep. Maria Antonia Berrios 3/5/2013HouseAdded Chief Co-Sponsor Rep. Ron Sandack 3/13/2013HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. André M. Thapedi 3/13/2013HouseHouse Committee Amendment No. 1 Referred to Rules Committee 3/14/2013HouseHouse Committee Amendment No. 1 Fiscal Note Filed as Amended 3/18/2013HouseHouse Committee Amendment No. 1 Rules Refers to Judiciary 3/22/2013HouseRule 19(a) / Re-referred to Rules Committee 3/22/2013HouseHouse Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die