Bill > SB0352

This bill makes a technical amendment to the Tax Refund Anticipation Loan Reform Act, specifically modifying Section 1 of the law. A tax refund anticipation loan is a short-term loan that allows taxpayers to receive an advance on their expected tax refund, typically with high fees and interest rates. While the provided XML indicates an amendment is being proposed, the specific details of the change are not visible in the submitted document. The bill appears to be making a minor, procedural update to the existing law, potentially clarifying language or making a technical correction. Without more context, it is difficult to elaborate on the precise nature of the amendment.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=352&GAID=18&DocTypeID=SB&SessionID=114&GA=104