IL SB2121 | 2023-2024 | 103rd General Assembly

Status

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]

Summary

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.

Tracking Information

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Title

BUSINESS-CREDIT ACCOUNT REPORT

Sponsors


History

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

Code Citations

ChapterArticleSectionCitation TypeStatute Text
8155052BBBBNew CodeSee Bill Text

Illinois State Sources


Bill Comments

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