Bill Text: IL HB1012 | 2021-2022 | 102nd General Assembly | Introduced
Bill Title: Amends the Credit Card Liability Act. Makes a technical change in a Section concerning unsolicited credit cards.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-04-23 - Rule 19(a) / Re-referred to Rules Committee [HB1012 Detail]
Download: Illinois-2021-HB1012-Introduced.html
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1 | AN ACT concerning business.
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2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
3 | represented in the General Assembly:
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4 | Section 5. The Credit Card Liability Act is amended by | |||||||||||||||||||
5 | changing Section 2 as follows:
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6 | (815 ILCS 145/2) (from Ch. 17, par. 6102)
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7 | Sec. 2.
(a) Notwithstanding that
that a person in whose | |||||||||||||||||||
8 | name a credit card has
been issued has requested or applied for | |||||||||||||||||||
9 | such card or has indicated his
acceptance of an unsolicited | |||||||||||||||||||
10 | credit card, as provided in Section 1
hereof, such person | |||||||||||||||||||
11 | shall not be liable to the issuer unless the card
issuer has | |||||||||||||||||||
12 | given notice to such person of his potential liability, on
the | |||||||||||||||||||
13 | card or within two years preceding such use, and has provided | |||||||||||||||||||
14 | such
person with an addressed notification requiring no | |||||||||||||||||||
15 | postage to be paid by
such person which may be mailed in the | |||||||||||||||||||
16 | event of the loss, theft, or
possible unauthorized use of the | |||||||||||||||||||
17 | credit card, and such person shall not
be liable for any amount | |||||||||||||||||||
18 | in excess of the applicable amount hereinafter
set forth, | |||||||||||||||||||
19 | resulting from unauthorized use of that card prior to
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20 | notification to the card issuer of the loss, theft, or | |||||||||||||||||||
21 | possible
unauthorized use of that card: | |||||||||||||||||||
22 | Card without a signature panel .....................$25.00
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23 | Card with a signature panel ........................$50.00
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1 | After the holder of the credit card gives notice to the | ||||||
2 | issuer that a
credit card is lost or stolen he is not liable | ||||||
3 | for any amount resulting
from unauthorized use of the card.
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4 | (b) When an action is brought by an issuer against the | ||||||
5 | person named
on a card, issuance of which has been requested, | ||||||
6 | applied for, solicited
or accepted and defendant puts in issue | ||||||
7 | any transaction arising from the
use of such card, the burden | ||||||
8 | of proving benefit, authorization, use or
permission by | ||||||
9 | defendant as to such transaction shall be upon plaintiff.
In | ||||||
10 | the event defendant prevails with respect to any transaction | ||||||
11 | so put
in issue, the court may enter as a credit against any | ||||||
12 | judgment for
plaintiff, or as a judgment for defendant, a | ||||||
13 | reasonable attorney's fee
for services in connection with the | ||||||
14 | transaction in respect of which the
defendant prevails.
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15 | (Source: P.A. 77-1637.)
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