--- type: "Bill" title: "REGULATION-TECH" description: "Amends the Consumer Installment Loan Act. Makes a technical change in a Section concerning a license required to engage in the business of making loans of money in a principal amount not exceeding $40,000." jurisdiction: "us/states/il" legislature: "Illinois General Assembly" session: "100th" identifier: "SB 314" citation: "Illinois SB 314 (100th)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: [] version_count: 3 action_count: 55 vote_count: 2 first_action: "2017-01-24" last_action: "2017-08-25" source: "openstates" source_identifier: "ocd-bill/fc4e6478-0f4d-4054-b747-406fe4187d48" source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=314&GAID=14&DocTypeID=SB&LegId=100254&SessionID=91&GA=100" source_hash: "4a13df982123eb0907e20253891ea564891df87e91dd796c0b0bb95634cdb118" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-il"] --- # Illinois SB 314 (100th) — REGULATION-TECH Amends the Consumer Installment Loan Act. Makes a technical change in a Section concerning a license required to engage in the business of making loans of money in a principal amount not exceeding $40,000. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000SB0314&GA=100&SessionId=91&DocTypeId=SB&LegID=100254&DocNum=314&GAID=14&Session=&print=true) 2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000SB0314eng&GA=100&SessionId=91&DocTypeId=SB&LegID=100254&DocNum=314&GAID=14&Session=&print=true) 3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000SB0314enr&GA=100&SessionId=91&DocTypeId=SB&LegID=100254&DocNum=314&GAID=14&Session=&print=true) ## Votes - Third Reading — **114–0** (pass) · lower - Third Reading — **55–0** (pass) · upper ## Sponsors - Avery Bourne — cosponsor (person) - Carol Sente — cosponsor (person) - Daniel V. Beiser — cosponsor (person) - Jaime M. Andrade, Jr. — cosponsor (person) - Jay Hoffman — cosponsor (person) - John C. D'Amico — cosponsor (person) - LaToya Greenwood — cosponsor (person) - Laura M. Murphy — primary (person) - Michael P. McAuliffe — cosponsor (person) - Natalie A. Manley — cosponsor (person) - Scott Drury — cosponsor (person) - Silvana Tabares — cosponsor (person) - Stephanie A. Kifowit — cosponsor (person) - Will Guzzardi — cosponsor (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2017-01-24** Filed with Secretary by Sen. John J. Cullerton `filing` - **2017-01-24** First Reading `reading-1` - **2017-01-24** Referred to Assignments `referral-committee` - **2017-03-09** Assigned to Executive `referral-committee` - **2017-03-16** Do Pass Executive; 014-000-000 `committee-passage` - **2017-03-16** Placed on Calendar Order of 2nd Reading March 28, 2017 - **2017-03-28** Second Reading `reading-2` - **2017-03-28** Placed on Calendar Order of 3rd Reading March 29, 2017 - **2017-03-30** Senate Floor Amendment No. 1 Filed with Secretary by Sen. Laura M. Murphy `amendment-introduction` - **2017-03-30** Senate Floor Amendment No. 1 Referred to Assignments `referral-committee` - **2017-03-30** Chief Sponsor Changed to Sen. Laura M. Murphy - **2017-04-04** Senate Floor Amendment No. 1 Assignments Refers to Insurance - **2017-04-26** Senate Floor Amendment No. 1 Recommend Do Adopt Insurance; 010-000-000 - **2017-04-28** Rule 2-10 Third Reading Deadline Established As May 31, 2017 `reading-3` - **2017-05-02** Recalled to Second Reading `reading-2` - **2017-05-02** Senate Floor Amendment No. 1 Adopted; Murphy `amendment-passage` - **2017-05-02** Placed on Calendar Order of 3rd Reading - **2017-05-02** Third Reading - Passed; 055-000-000 `reading-3, passage` - **2017-05-03** Arrived in House `introduction` - **2017-05-03** Chief House Sponsor Rep. Katie Stuart - **2017-05-05** Added Alternate Co-Sponsor Rep. Silvana Tabares - **2017-05-05** Added Alternate Co-Sponsor Rep. Stephanie A. Kifowit - **2017-05-05** Added Alternate Co-Sponsor Rep. Martin J. Moylan - **2017-05-05** Added Alternate Chief Co-Sponsor Rep. Martin J. Moylan - **2017-05-05** Alternate Co-Sponsor Removed Rep. Martin J. Moylan - **2017-05-09** First Reading `reading-1` - **2017-05-09** Referred to Rules Committee `referral-committee` - **2017-05-15** Assigned to Consumer Protection Committee `referral-committee` - **2017-05-17** Added Alternate Co-Sponsor Rep. Carol Sente - **2017-05-18** Added Alternate Co-Sponsor Rep. John C. D'Amico - **2017-05-18** Added Alternate Co-Sponsor Rep. Will Guzzardi - **2017-05-18** Added Alternate Co-Sponsor Rep. Jay Hoffman - **2017-05-18** Added Alternate Co-Sponsor Rep. LaToya Greenwood - **2017-05-18** Added Alternate Co-Sponsor Rep. Natalie A. Manley - **2017-05-18** Added Alternate Co-Sponsor Rep. Jaime M. Andrade, Jr. - **2017-05-19** Committee Deadline Extended-Rule 9(b) May 26, 2017 - **2017-05-24** Added Alternate Co-Sponsor Rep. Daniel V. Beiser - **2017-05-24** Added Alternate Chief Co-Sponsor Rep. Juliana Stratton - **2017-05-25** Do Pass / Short Debate Consumer Protection Committee; 005-000-000 `committee-passage` - **2017-05-25** Placed on Calendar 2nd Reading - Short Debate - **2017-05-25** Second Reading - Short Debate `reading-2` - **2017-05-25** Placed on Calendar Order of 3rd Reading - Short Debate - **2017-05-26** Final Action Deadline Extended-9(b) May 31, 2017 - **2017-05-29** Added as Chief Co-Sponsor Sen. Melinda Bush - **2017-05-29** Added as Chief Co-Sponsor Sen. Patricia Van Pelt - **2017-05-29** Added as Chief Co-Sponsor Sen. Bill Cunningham - **2017-05-30** Third Reading - Short Debate - Passed 114-000-000 `reading-3, passage` - **2017-05-30** Added Alternate Co-Sponsor Rep. Scott Drury - **2017-05-30** Added Alternate Co-Sponsor Rep. Michael P. McAuliffe - **2017-05-30** Added Alternate Co-Sponsor Rep. Avery Bourne - **2017-05-30** Passed Both Houses - **2017-06-28** Sent to the Governor `executive-receipt` - **2017-08-25** Governor Approved `executive-signature` - **2017-08-25** Effective Date January 1, 2018 - **2017-08-25** Public Act . . . . . . . . . 100-0395 `became-law` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fc4e6478-0f4d-4054-b747-406fe4187d48`. Confidence: reported (aggregated from official Illinois legislature records).