Bill Amendment: IL SB2804 | 2015-2016 | 99th General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: WAGE ASSIGNMENT-REVOCATION
Status: 2016-08-26 - Public Act . . . . . . . . . 99-0903 [SB2804 Detail]
Download: Illinois-2015-SB2804-Senate_Amendment_001.html
Bill Title: WAGE ASSIGNMENT-REVOCATION
Status: 2016-08-26 - Public Act . . . . . . . . . 99-0903 [SB2804 Detail]
Download: Illinois-2015-SB2804-Senate_Amendment_001.html
| |||||||
| |||||||
| |||||||
| 1 | AMENDMENT TO SENATE BILL 2804
| ||||||
| 2 | AMENDMENT NO. ______. Amend Senate Bill 2804 on page 2, by | ||||||
| 3 | replacing lines 1 through 7 with the following:
| ||||||
| 4 | "A demand under this Section applies only to wages due at | ||||||
| 5 | the time of
service of the demand and upon subsequent wages | ||||||
| 6 | until the total amount due
under the assignment is paid or the | ||||||
| 7 | employee revokes the wage assignment or until the expiration of | ||||||
| 8 | the employer's
payroll period ending immediately prior to 84 | ||||||
| 9 | days after service of
such demand, whichever first occurs."; | ||||||
| 10 | and
| ||||||
| 11 | on page 3, by replacing lines 9 through 13 with the following:
| ||||||
| 12 | "Payments must be made until the total amount due under the | ||||||
| 13 | assignment is paid or the employee revokes the wage | ||||||
| 14 | assignment."; and
| ||||||
| |||||||
| |||||||
| 1 | on page 4, line 2, after the period, by inserting "A wage | ||||||
| 2 | assignment is a document you signed at the time you received | ||||||
| 3 | your loan. It authorizes your creditor to receive a portion of | ||||||
| 4 | your wages directly from your employer, in order to pay back | ||||||
| 5 | your debt."; and
| ||||||
| 6 | on page 4, line 3, after "information", by inserting "about the | ||||||
| 7 | debt and what you can do to stop your wages from being | ||||||
| 8 | assigned"; and
| ||||||
| 9 | on page 4, line 22, by changing "form" to "Revocation Notice | ||||||
| 10 | Form"; and
| ||||||
| 11 | on page 4, line 24, after the period, by inserting "Your | ||||||
| 12 | creditor will still be able to pursue other means of collecting | ||||||
| 13 | any debt you may owe, including filing a lawsuit."; and
| ||||||
| 14 | on page 5, by replacing line 4 with the following:
| ||||||
| 15 | "(iii) the following statement: "NOTICE OF REVOCATION: | ||||||
| 16 | I am revoking the wage"; and
| ||||||
| 17 | on page 5, line 26, after "NOTICE", by inserting "FORM"; and
| ||||||
| 18 | on page 6, line 22, by changing "revocation notice" to | ||||||
| 19 | "Revocation Notice Form"; and
| ||||||
| |||||||
| |||||||
| 1 | on page 7, line 1, by changing "revocation notice" to "written | ||||||
| 2 | notice of revocation"; and
| ||||||
| 3 | on page 7, lines 4 and 5, by changing "letter revoking the wage | ||||||
| 4 | assignment" to "written notice of revocation"; and
| ||||||
| 5 | on page 7, line 7, by changing "revocation notice" to "written | ||||||
| 6 | notice of revocation"; and
| ||||||
| 7 | on page 8, line 7, by changing "revocation notice" to | ||||||
| 8 | "Revocation Notice Form"; and
| ||||||
| 9 | on page 8, line 9, by changing "written notice" to "a written | ||||||
| 10 | notice of revocation"; and
| ||||||
| 11 | on page 8, line 15, by changing "revocation notice" to | ||||||
| 12 | "Revocation Notice Form"; and
| ||||||
| 13 | on page 8, line 15, after "forth", by inserting "in"; and
| ||||||
| 14 | on page 8, line 16, after "notice", by inserting "of | ||||||
| 15 | revocation"; and
| ||||||
| 16 | on page 8, line 23, by changing "revocation notice" to | ||||||
| 17 | "Revocation Notice Form"; and
| ||||||
| |||||||
| |||||||
| 1 | on page 8, line 24, after "notice", by inserting "of | ||||||
| 2 | revocation".
| ||||||
