cap interest rates charged by consumer finance companies at 99 percent on loans under $4,000 and 36 percent on loans above that amount.
payday loans will be limited to $15.50 for every $100 borrowed over a two-week period. …will not be allowed to issue pay day loans if monthly payments will exceed 25 percent of a person’s gross monthly income.
Click on the following for more details: Law caps payday, car-title loan interest rates - Galesburg, IL - The Register-Mail
Great story—watch there will be some curbs to FOIA’s.
Nearly 600 cases have piled up at the Illinois attorney general’s office from governments and people who want rulings on whether public bodies must release records under the state Freedom of Information Act.
Attorney general backlogged on FOIA rulings - Springfield, IL - The State Journal-Register
they have eliminated all expired leases in which the state was occupying office space on a month-to-month basis….Since early 2009, CMS [Department of Central Management Services] said, it has consolidated, rebid and renegotiated 197 leases across Illinois… will save the state $20 million…CMS said it was paying $66 million a year on holdover leases. In total, the agency said it’s entered 132 new leases costing about $58.7 million
Kirk has largely disappeared from public view since apologizing for misstating his military credentials. He did give a speech Monday but wound up fleeing from reporters afterward when they wanted to ask questions about the issue.
Meanwhile, Giannoulias is sharing the spotlight at fundraisers with Vice President Joe Biden, Education Secretary Arne Duncan and others with ties to Obama. White House
Click on the following for more details: Pantagraph.com | News from Associated Press
