Bill Text: IL HB3920 | 2019-2020 | 101st General Assembly | Introduced
Bill Title: Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that it is an unlawful practice to send to a consumer an unsolicited check that, when cashed, obligates the recipient to repay the amount of the check plus interest and fees. Provides that the provision does not apply to a transaction in which a consumer has submitted an application for, or requested an extension of, credit from the person before receiving the check or instrument, or when the consumer has an existing relationship with the person.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee [HB3920 Detail]
Download: Illinois-2019-HB3920-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,
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3 | represented in the General Assembly:
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4 | Section 5. The Consumer Fraud and Deceptive Business | |||||||||||||||||||
5 | Practices Act is amended by adding Section 2WWW as follows:
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6 | (815 ILCS 505/2WWW new) | |||||||||||||||||||
7 | Sec. 2WWW. Unsolicited checks. | |||||||||||||||||||
8 | (a) No person shall deliver to a consumer an unsolicited | |||||||||||||||||||
9 | check payable to the consumer that, upon cashing, obligates the | |||||||||||||||||||
10 | consumer to repay the amount of the check plus interest and | |||||||||||||||||||
11 | fees. | |||||||||||||||||||
12 | (b) This Section does not apply to a transaction in which a | |||||||||||||||||||
13 | consumer has submitted an application for, or requested an | |||||||||||||||||||
14 | extension of, credit from the person before receiving the check | |||||||||||||||||||
15 | or instrument, or when the consumer has an existing | |||||||||||||||||||
16 | relationship with the person. | |||||||||||||||||||
17 | (c) A person who violates this Section commits an unlawful | |||||||||||||||||||
18 | practice within the meaning of this Act.
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