Fabio
109 lines
6.3 KiB
Markdown
109 lines
6.3 KiB
Markdown
---
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type: "Bill"
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title: "INSTALLMENT/PAYDAY LOANS"
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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."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "101st"
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identifier: "SB 1758"
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citation: "Illinois SB 1758 (101st)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 45
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vote_count: 3
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first_action: "2019-02-15"
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last_action: "2019-08-23"
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source: "openstates"
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source_identifier: "ocd-bill/830c8c02-1524-4b2b-a42e-6a4ac98499d7"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1758&GAID=15&DocTypeID=SB&LegId=119079&SessionID=108&GA=101"
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source_hash: "c6f90b16479fca9045ebcd4d477fd52e107662a1125c9c135d1d5affe74f6981"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois SB 1758 (101st) — INSTALLMENT/PAYDAY LOANS
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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.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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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)
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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)
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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)
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## Votes
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- Third Reading — **49–0** (pass) · upper
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- Concurrence, Amendment 1 — **59–0** (pass) · upper
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- Third Reading — **114–0** (pass) · lower
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## Sponsors
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- Antonio Muñoz — primary (person)
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- Emanuel Chris Welch — primary (person)
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- Stephanie A. Kifowit — cosponsor (person)
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- Sue Scherer — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2019-02-15** Filed with Secretary by Sen. Antonio Muñoz `filing`
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- **2019-02-15** First Reading `reading-1`
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- **2019-02-15** Referred to Assignments `referral-committee`
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- **2019-03-12** Assigned to Executive `referral-committee`
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- **2019-03-15** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Antonio Muñoz `amendment-introduction`
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- **2019-03-15** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
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- **2019-03-19** Senate Committee Amendment No. 1 Assignments Refers to Executive
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- **2019-03-21** Senate Committee Amendment No. 1 Adopted `amendment-passage`
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- **2019-03-21** Do Pass as Amended Executive; 016-000-000 `committee-passage`
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- **2019-03-21** Placed on Calendar Order of 2nd Reading March 26, 2019
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- **2019-03-27** Second Reading `reading-2`
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- **2019-03-27** Placed on Calendar Order of 3rd Reading March 28, 2019
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- **2019-03-28** Third Reading - Passed; 049-000-000 `reading-3, passage`
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- **2019-03-28** Arrived in House `introduction`
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- **2019-03-28** Chief House Sponsor Rep. Emanuel Chris Welch
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- **2019-03-28** First Reading `reading-1`
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- **2019-03-28** Referred to Rules Committee `referral-committee`
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- **2019-04-09** Assigned to Financial Institutions Committee `referral-committee`
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- **2019-04-12** Added Alternate Chief Co-Sponsor Rep. Sue Scherer
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- **2019-04-12** Added Alternate Chief Co-Sponsor Rep. Stephanie A. Kifowit
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- **2019-04-30** Do Pass / Short Debate Financial Institutions Committee; 013-000-000 `committee-passage`
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- **2019-05-02** Placed on Calendar 2nd Reading - Short Debate
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- **2019-05-16** House Floor Amendment No. 1 Filed with Clerk by Rep. Emanuel Chris Welch `amendment-introduction`
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- **2019-05-16** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
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- **2019-05-20** House Floor Amendment No. 1 Rules Refers to Financial Institutions Committee
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- **2019-05-21** House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions Committee; 010-000-000 `committee-passage-favorable`
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- **2019-05-22** Second Reading - Short Debate `reading-2`
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- **2019-05-22** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2019-05-24** Final Action Deadline Extended-9(b) May 31, 2019
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- **2019-05-28** House Floor Amendment No. 1 Adopted `amendment-passage`
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- **2019-05-28** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2019-05-28** Third Reading - Short Debate - Passed 114-000-001 `reading-3, passage`
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- **2019-05-29** Secretary's Desk - Concurrence House Amendment(s) 1
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- **2019-05-29** Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 30, 2019
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- **2019-05-29** House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Antonio Muñoz `filing`
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- **2019-05-29** House Floor Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
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- **2019-05-29** House Floor Amendment No. 1 Motion to Concur Assignments Referred to Executive `referral-committee`
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- **2019-05-30** House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 014-000-001
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- **2019-05-31** House Floor Amendment No. 1 Senate Concurs 059-000-000
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- **2019-05-31** Senate Concurs
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- **2019-05-31** Passed Both Houses
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- **2019-06-28** Sent to the Governor `executive-receipt`
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- **2019-08-23** Governor Approved `executive-signature`
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- **2019-08-23** Effective Date August 23, 2019
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- **2019-08-23** Public Act . . . . . . . . . 101-0563 `became-law`
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## Source
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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).
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