After 3 years, state poised to enforce law aiming to end lending discrimination – Capitol News IL

Much like the federal law, the state law does not impose specific mandates or establish any type of lending quotas on financial institutions. It does, however, require them to report on a periodic basis such things as the number and amount of mortgage loans and small business loans they make, the extent of their marketing activities, and their participation in community development and redevelopment programs.