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91_HB3917ham001 LRB9112012OBmgam02 1 AMENDMENT TO HOUSE BILL 3917 2 AMENDMENT NO. . Amend House Bill 3917 as follows: 3 by replacing everything after the enacting clause with the 4 following: 5 "Section 5. The Consumer Fraud and Deceptive Business 6 Practices Act is amended by adding Section 2KK as follows: 7 (815 ILCS 505/2KK new) 8 Sec. 2KK. Refund for returned merchandise. Whenever a 9 consumer who paid for merchandise returns the merchandise 10 with a receipt to the seller and the seller has a merchandise 11 return policy in place, the seller shall provide a refund as 12 follows: 13 A refund for returned merchandise with a receipt 14 purchased with cash must be in cash. 15 A refund for returned merchandise with a receipt 16 purchased by credit card or debit card must be by credit to 17 those card accounts. 18 A refund for returned merchandise with a receipt 19 purchased by personal check must be by a check from the 20 seller. When the consumer paid by personal check, the 21 consumer is not entitled to a refund until the consumer's -2- LRB9112012OBmgam02 1 check is honored by the financial institution on which it is 2 drawn. 3 A refund for returned merchandise with a receipt 4 purchased by a check that is guaranteed by a bank or other 5 credit issuer must be in cash. 6 Nothing in this Section shall abridge the right of a 7 consumer to receive a refund for returned merchandise with a 8 receipt in a form different from the method of original 9 payment. 10 A seller that violates this Section commits an unlawful 11 practice under this Act. 12 Section 99. Effective date. This Act takes effect upon 13 becoming law.".