The Catholic Conference of Illinois today joined over 100 social justice organizations and businesses in calling upon Gov. J.B. Pritzker to sign into law the Predatory Loan Prevention Act as embodied in Senate Bill 1792. The legislation caps interest rates on payday and car title loans at 36%.
Jennifer Daniels of USCCB talks about aid for Catholic schools in the recent stimulus package. Then, Justin Lombardo of the Archdiocese of Chicago discusses the documented success of Archdiocesan schools with in-person learning during the pandemic as outlined in a study published in an academic journal. Finally, Abe Scarr of Illinois PIRG discusses passage of the Predatory Loan Prevention Act during the recent lame-duck session.
Illinois lawmakers returned to Springfield for a lame-duck session driven by a Black Caucus agenda focusing on social and economic justice efforts intended to root out systemic racism following a summer of nationwide unrest after the unjust deaths of Black individuals at the hands of police. The specter of Illinois House Speaker Michael Madigan’s losing quest to win another term as speaker only added to the drama of the intense, five-and-a-half-day session, culminating in Rep. Emanuel “Chris” Welch, D-Westchester, winning the top House post as the first Black individual to assume the powerful role.