94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB2392


 
Introduced 2/16/2005, by Rep. Patricia Reid Lindner
 
SYNOPSIS AS INTRODUCED:
 		













815 ILCS 505/2VV new










    Amends the Consumer Fraud and Deceptive Business Practices Act.  Requires a business to provide a consumer with written notification evidencing any late payments, missed payments, or other defaults reflected on the consumer's account, at least 30 days prior to reporting information about the consumer's account to a third party collection agency.
















LRB094 07467 RXD 37630 b

















 


 


A BILL FOR









 











HB2392

LRB094 07467 RXD 37630 b






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    AN ACT concerning business.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 5. The Consumer Fraud and Deceptive Business 
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Practices Act is amended  by adding Section 2VV as follows:
 
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    (815 ILCS 505/2VV  new)
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    Sec. 2VV. Collection notice. A business shall provide a 
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consumer with written notification evidencing any late 
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payments, missed payments, or other defaults reflected on the 
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consumer's account, at least 30 days prior to reporting 
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information about the consumer's account to a third party 
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collection agency.