Illinois Senate Bill 2121

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Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on February 10 2023 - 25% progression
Action: 2023-06-26 - Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that if a merchant closes a customer's credit account because the merchant's business is closing or being liquidated, or due to inactivity on the credit account by its owner, the merchant shall report to the credit reporting agencies and to the owner of the account information explaining that the account was closed due to issues related to the merchant or inactivity and not the customer's failure to pay the balance of the credit account. Provides that any person who violates the provisions commits an unlawful practice.

BUSINESS-CREDIT ACCOUNT REPORT

Sen. Elgie Sims [D]

Sen. Christopher Belt [D]

Sen. Karina Villa [D]

Sen. Willie Preston [D]

Date	Chamber	Action
2023-06-26	Senate	Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2023-04-28	Senate	Rule 3-9(a) / Re-referred to Assignments
2023-04-18	Senate	Senate Floor Amendment No. 3 Pursuant to Senate Rule 3-8 (b1), the following amendment will remain in the Committee on Assignments.
2023-03-31	Senate	Rule 2-10(a) Third Reading Deadline Established As April 28, 2023
2023-03-31	Senate	Senate Floor Amendment No. 2 Recommend Do Adopt State Government; 009-000-000
2023-03-30	Senate	Senate Floor Amendment No. 2 Assignments Refers to State Government
2023-03-30	Senate	Senate Floor Amendment No. 3 Referred to Assignments
2023-03-30	Senate	Senate Floor Amendment No. 3 Filed with Secretary by Sen. Elgie R. Sims, Jr.
2023-03-30	Senate	Senate Floor Amendment No. 2 Referred to Assignments
2023-03-30	Senate	Senate Floor Amendment No. 2 Filed with Secretary by Sen. Elgie R. Sims, Jr.
2023-03-29	Senate	Placed on Calendar Order of 3rd Reading March 30, 2023
2023-03-29	Senate	Second Reading
2023-03-28	Senate	Senate Floor Amendment No. 1 Assignments Refers to Financial Institutions
2023-03-27	Senate	Added as Co-Sponsor Sen. Willie Preston
2023-03-24	Senate	Senate Floor Amendment No. 1 Referred to Assignments
2023-03-24	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Elgie R. Sims, Jr.
2023-03-21	Senate	Added as Co-Sponsor Sen. Karina Villa
2023-03-16	Senate	Added as Chief Co-Sponsor Sen. Christopher Belt
2023-03-08	Senate	Placed on Calendar Order of 2nd Reading March 9, 2023
2023-03-08	Senate	Do Pass Financial Institutions; 005-003-000
2023-02-28	Senate	Assigned to Financial Institutions
2023-02-10	Senate	Referred to Assignments
2023-02-10	Senate	First Reading
2023-02-10	Senate	Filed with Secretary by Sen. Elgie R. Sims, Jr.

Chapter	Article	Section	Citation Type	Statute Text
815	505	2BBBB	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2121&GAID=17&DocTypeID=SB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/SB/10300SB2121.htm
Amendment	https://www.ilga.gov/legislation/103/SB/10300SB2121sam001.htm
Amendment	https://www.ilga.gov/legislation/103/SB/10300SB2121sam002.htm
Amendment	https://www.ilga.gov/legislation/103/SB/10300SB2121sam003.htm