---
type: "Bill"
title: "CONSUMER INSTALL LOAN-MAX AMT"
description: "Amends the Consumer Installment Loan Act. Increases the amount that an obligor may owe to a licensee under the Act from $25,000 to $40,000."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "93rd"
identifier: "HB 2543"
citation: "Illinois HB 2543 (93rd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 32
vote_count: 2
first_action: "2003-02-20"
last_action: "2003-07-22"
source: "openstates"
source_identifier: "ocd-bill/e9883b99-2303-4da5-8d49-3398ab1a40a7"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2543&GAID=3&DocTypeID=HB&LegId=4508&SessionID=3&GA=93"
source_hash: "33b27e998296d67b8b553012970de0cea6e08b74a1a420308fdae6532b7f2378"
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 2543 (93rd) — CONSUMER INSTALL LOAN-MAX AMT

Amends the Consumer Installment Loan Act. Increases the amount that an obligor may owe to a licensee under the Act from $25,000 to $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=09300HB2543&GA=93&SessionId=3&DocTypeId=HB&LegID=4508&DocNum=2543&GAID=3&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300HB2543eng&GA=93&SessionId=3&DocTypeId=HB&LegID=4508&DocNum=2543&GAID=3&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09300HB2543enr&GA=93&SessionId=3&DocTypeId=HB&LegID=4508&DocNum=2543&GAID=3&Session=&print=true)

## Votes

- Third Reading — **50–0** (pass) · upper
- Third Reading — **112–0** (pass) · lower

## Sponsors

- Joseph M. Lyons — primary (person)

## Timeline

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

- **2003-02-20** Filed with the Clerk by Rep. Joseph M. Lyons `filing`
- **2003-02-20** Chief Co-Sponsor Rep. Ralph C. Capparelli
- **2003-02-20** First Reading `reading-1`
- **2003-02-20** Referred to Rules Committee `referral-committee`
- **2003-02-26** Assigned to Financial Institutions Committee `referral-committee`
- **2003-02-27** Added Chief Co-Sponsor Rep. Bill Mitchell
- **2003-03-05** House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee `amendment-introduction`
- **2003-03-05** House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote `amendment-passage`
- **2003-03-05** Do Pass as Amended / Short Debate Financial Institutions Committee; 014-000-000 `committee-passage`
- **2003-03-05** Placed on Calendar 2nd Reading - Short Debate
- **2003-03-05** Added Chief Co-Sponsor Rep. Sidney H. Mathias
- **2003-03-05** Added Chief Co-Sponsor Rep. Thomas Holbrook
- **2003-03-18** Second Reading - Short Debate `reading-2`
- **2003-03-18** Placed on Calendar Order of 3rd Reading - Short Debate
- **2003-03-21** Third Reading - Short Debate - Passed 112-000-003 `reading-3, passage`
- **2003-03-24** Arrive in Senate `introduction`
- **2003-03-24** Placed on Calendar Order of First Reading March 25, 2003 `reading-1`
- **2003-03-26** Chief Senate Sponsor Sen. Kimberly A. Lightford
- **2003-03-27** Added as Alternate Chief Co-Sponsor Sen. Dan Rutherford
- **2003-03-27** First Reading `reading-1`
- **2003-03-27** Referred to Rules `referral-committee`
- **2003-04-03** Assigned to Financial Institutions `referral-committee`
- **2003-04-10** Do Pass Financial Institutions; 007-000-000 `committee-passage`
- **2003-04-10** Placed on Calendar Order of 2nd Reading April 15, 2003
- **2003-05-06** Second Reading `reading-2`
- **2003-05-06** Placed on Calendar Order of 3rd Reading May 7, 2003
- **2003-05-12** Third Reading - Passed; 050-000-002 `reading-3, passage`
- **2003-05-12** Passed Both Houses
- **2003-06-10** Sent to the Governor `executive-receipt`
- **2003-07-22** Governor Approved `executive-signature`
- **2003-07-22** Effective Date January 1, 2004
- **2003-07-22** Public Act . . . . . . . . . 93-0264 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e9883b99-2303-4da5-8d49-3398ab1a40a7`. Confidence: reported (aggregated from official Illinois legislature records).