---
type: "Bill"
title: "PAYDAY INSTALLMENT LOAN FEES"
description: "Amends the Payday Loan Reform Act. Authorizes a lender to charge a borrower for the verification that the proposed loan agreement is permissible: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). Authorizes a certified consumer reporting service to charge the following verification fees upon a loan being made or entered into a certified database: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "100th"
identifier: "HB 4873"
citation: "Illinois HB 4873 (100th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 44
vote_count: 2
first_action: "2018-02-14"
last_action: "2019-01-04"
source: "openstates"
source_identifier: "ocd-bill/28eb46b4-345e-4cea-8d17-e1af0f6eef3a"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=4873&GAID=14&DocTypeID=HB&LegId=110249&SessionID=91&GA=100"
source_hash: "0c4e7014d9cf762ad706cd578c5ba13bcfff19e38c7b6bdecbd19912f665a790"
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 HB 4873 (100th) — PAYDAY INSTALLMENT LOAN FEES

Amends the Payday Loan Reform Act. Authorizes a lender to charge a borrower for the verification that the proposed loan agreement is permissible: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). Authorizes a certified consumer reporting service to charge the following verification fees upon a loan being made or entered into a certified database: a fee not to exceed $1 for a payday loan or a fee not to exceed $1 for each month that a balance is scheduled to be outstanding on an installment payday loan (rather than a fee not to exceed $1). 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=10000HB4873&GA=100&SessionId=91&DocTypeId=HB&LegID=110249&DocNum=4873&GAID=14&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000HB4873eng&GA=100&SessionId=91&DocTypeId=HB&LegID=110249&DocNum=4873&GAID=14&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10000HB4873enr&GA=100&SessionId=91&DocTypeId=HB&LegID=110249&DocNum=4873&GAID=14&Session=&print=true)

## Votes

- Third Reading — **45–3** (pass) · upper
- Third Reading — **72–43** (pass) · lower

## Sponsors

- Lou Lang — primary (person)

## Timeline

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

- **2018-02-14** Filed with the Clerk by Rep. Lou Lang `filing`
- **2018-02-14** First Reading `reading-1`
- **2018-02-14** Referred to Rules Committee `referral-committee`
- **2018-02-21** Assigned to Financial Institutions Committee `referral-committee`
- **2018-04-04** House Committee Amendment No. 1 Filed with Clerk by Rep. Lou Lang `amendment-introduction`
- **2018-04-04** House Committee Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2018-04-09** House Committee Amendment No. 1 Rules Refers to Financial Institutions Committee
- **2018-04-09** House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote `amendment-passage`
- **2018-04-09** Do Pass as Amended / Short Debate Financial Institutions Committee; 009-000-000 `committee-passage`
- **2018-04-10** Placed on Calendar 2nd Reading - Short Debate
- **2018-04-19** House Floor Amendment No. 2 Filed with Clerk by Rep. Lou Lang `amendment-introduction`
- **2018-04-19** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
- **2018-04-23** House Floor Amendment No. 2 Rules Refers to Financial Institutions Committee
- **2018-04-24** House Floor Amendment No. 2 Recommends Be Adopted Financial Institutions Committee; 008-000-000 `committee-passage-favorable`
- **2018-04-25** Second Reading - Short Debate `reading-2`
- **2018-04-25** House Floor Amendment No. 2 Adopted `amendment-passage`
- **2018-04-25** Placed on Calendar Order of 3rd Reading - Short Debate
- **2018-04-26** Placed on Calendar - Consideration Postponed
- **2018-04-26** Third Reading - Consideration Postponed `reading-3`
- **2018-04-27** Rule 19(a) / Re-referred to Rules Committee `referral-committee`
- **2018-05-14** Approved for Consideration Rules Committee; 004-000-000
- **2018-05-14** Placed on Calendar - Consideration Postponed
- **2018-05-14** Third Reading - Consideration Postponed `reading-3`
- **2018-05-14** Final Action Deadline Extended-9(b) May 25, 2018
- **2018-05-18** Added Co-Sponsor Rep. C.D. Davidsmeyer
- **2018-05-25** Final Action Deadline Extended-9(b) May 31, 2018
- **2018-05-30** Placed on Calendar Order of 3rd Reading - Short Debate
- **2018-05-30** Third Reading - Short Debate - Passed 072-043-000 `reading-3, passage`
- **2018-05-30** Arrive in Senate `introduction`
- **2018-05-30** Placed on Calendar Order of First Reading `reading-1`
- **2018-05-30** Chief Senate Sponsor Sen. Terry Link
- **2018-05-30** First Reading `reading-1`
- **2018-05-30** Referred to Assignments `referral-committee`
- **2018-11-07** Assigned to Judiciary `referral-committee`
- **2018-11-14** Do Pass Judiciary; 010-000-000 `committee-passage`
- **2018-11-14** Placed on Calendar Order of 2nd Reading
- **2018-11-14** Second Reading `reading-2`
- **2018-11-14** Placed on Calendar Order of 3rd Reading November 15, 2018
- **2018-11-28** Third Reading - Passed; 045-003-000 `reading-3, passage`
- **2018-11-28** Passed Both Houses
- **2018-12-27** Sent to the Governor `executive-receipt`
- **2019-01-04** Governor Approved `executive-signature`
- **2019-01-04** Effective Date June 1, 2019
- **2019-01-04** Public Act . . . . . . . . . 100-1168 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/28eb46b4-345e-4cea-8d17-e1af0f6eef3a`. Confidence: reported (aggregated from official Illinois legislature records).