---
type: "Bill"
title: "INSTALLMENT/PAYDAY LOANS"
description: "Amends the Consumer Installment Loan Act and the Payday Loan Reform Act. Provides that \"substantially equal installment\" includes a last regularly scheduled payment that is no more than 5% as large as the previous scheduled payment according to a disclosed payment schedule agreed to by the parties. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "101st"
identifier: "SB 1758"
citation: "Illinois SB 1758 (101st)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 45
vote_count: 3
first_action: "2019-02-15"
last_action: "2019-08-23"
source: "openstates"
source_identifier: "ocd-bill/830c8c02-1524-4b2b-a42e-6a4ac98499d7"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1758&GAID=15&DocTypeID=SB&LegId=119079&SessionID=108&GA=101"
source_hash: "c6f90b16479fca9045ebcd4d477fd52e107662a1125c9c135d1d5affe74f6981"
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 1758 (101st) — INSTALLMENT/PAYDAY LOANS

Amends the Consumer Installment Loan Act and the Payday Loan Reform Act. Provides that "substantially equal installment" includes a last regularly scheduled payment that is no more than 5% as large as the previous scheduled payment according to a disclosed payment schedule agreed to by the parties. Effective immediately.

## 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=10100SB1758&GA=101&SessionId=108&DocTypeId=SB&LegID=119079&DocNum=1758&GAID=15&SpecSess=&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100SB1758eng&GA=101&SessionId=108&DocTypeId=SB&LegID=119079&DocNum=1758&GAID=15&SpecSess=&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100SB1758enr&GA=101&SessionId=108&DocTypeId=SB&LegID=119079&DocNum=1758&GAID=15&SpecSess=&Session=&print=true)

## Votes

- Third Reading — **49–0** (pass) · upper
- Concurrence, Amendment 1 — **59–0** (pass) · upper
- Third Reading — **114–0** (pass) · lower

## Sponsors

- Antonio Muñoz — primary (person)
- Emanuel Chris Welch — primary (person)
- Stephanie A. Kifowit — cosponsor (person)
- Sue Scherer — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-02-15** Filed with Secretary by Sen. Antonio Muñoz `filing`
- **2019-02-15** First Reading `reading-1`
- **2019-02-15** Referred to Assignments `referral-committee`
- **2019-03-12** Assigned to Executive `referral-committee`
- **2019-03-15** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Antonio Muñoz `amendment-introduction`
- **2019-03-15** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
- **2019-03-19** Senate Committee Amendment No. 1 Assignments Refers to Executive
- **2019-03-21** Senate Committee Amendment No. 1 Adopted `amendment-passage`
- **2019-03-21** Do Pass as Amended Executive; 016-000-000 `committee-passage`
- **2019-03-21** Placed on Calendar Order of 2nd Reading March 26, 2019
- **2019-03-27** Second Reading `reading-2`
- **2019-03-27** Placed on Calendar Order of 3rd Reading March 28, 2019
- **2019-03-28** Third Reading - Passed; 049-000-000 `reading-3, passage`
- **2019-03-28** Arrived in House `introduction`
- **2019-03-28** Chief House Sponsor Rep. Emanuel Chris Welch
- **2019-03-28** First Reading `reading-1`
- **2019-03-28** Referred to Rules Committee `referral-committee`
- **2019-04-09** Assigned to Financial Institutions Committee `referral-committee`
- **2019-04-12** Added Alternate Chief Co-Sponsor Rep. Sue Scherer
- **2019-04-12** Added Alternate Chief Co-Sponsor Rep. Stephanie A. Kifowit
- **2019-04-30** Do Pass / Short Debate Financial Institutions Committee; 013-000-000 `committee-passage`
- **2019-05-02** Placed on Calendar 2nd Reading - Short Debate
- **2019-05-16** House Floor Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch `amendment-introduction`
- **2019-05-16** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2019-05-20** House Floor Amendment No. 1 Rules Refers to Financial Institutions Committee
- **2019-05-21** House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions Committee; 010-000-000 `committee-passage-favorable`
- **2019-05-22** Second Reading - Short Debate `reading-2`
- **2019-05-22** Held on Calendar Order of Second Reading - Short Debate `reading-2`
- **2019-05-24** Final Action Deadline Extended-9(b) May 31, 2019
- **2019-05-28** House Floor Amendment No. 1 Adopted `amendment-passage`
- **2019-05-28** Placed on Calendar Order of 3rd Reading - Short Debate
- **2019-05-28** Third Reading - Short Debate - Passed 114-000-001 `reading-3, passage`
- **2019-05-29** Secretary's Desk - Concurrence House Amendment(s) 1
- **2019-05-29** Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 30, 2019
- **2019-05-29** House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Antonio Muñoz `filing`
- **2019-05-29** House Floor Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
- **2019-05-29** House Floor Amendment No. 1 Motion to Concur Assignments Referred to Executive `referral-committee`
- **2019-05-30** House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 014-000-001
- **2019-05-31** House Floor Amendment No. 1 Senate Concurs 059-000-000
- **2019-05-31** Senate Concurs
- **2019-05-31** Passed Both Houses
- **2019-06-28** Sent to the Governor `executive-receipt`
- **2019-08-23** Governor Approved `executive-signature`
- **2019-08-23** Effective Date August 23, 2019
- **2019-08-23** Public Act . . . . . . . . . 101-0563 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/830c8c02-1524-4b2b-a42e-6a4ac98499d7`. Confidence: reported (aggregated from official Illinois legislature records).