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92_HB1903sam003
LRB9206832JScsam
1 AMENDMENT TO HOUSE BILL 1903
2 AMENDMENT NO. . Amend House Bill 1903, AS AMENDED,
3 with reference to the page and line numbers of Senate
4 Amendment No. 1, on page 10 by inserting immediately below
5 line 3 the following:
6 "(20) (a) The disclosure of financial records or
7 information related to that private label credit program
8 between a financial institution and a private label party
9 in connection with that private label credit program.
10 Such information is limited to outstanding balance,
11 available credit, payment and performance and account
12 history, product references, purchase information, and
13 information related to the identity of the customer.
14 (b) (l) For purposes of this paragraph (20) of
15 subsection (b) of Section 48.1, a "private label credit
16 program" means a credit program involving a financial
17 institution and a private label party that is used by a
18 customer of the financial institution and the private
19 label party primarily for payment for goods or services
20 sold, manufactured, or distributed by a private label
21 party.
22 (2) For purposes of this paragraph (20) of
23 subsection (b) of Section 48.l, a "private label party"
24 means, with respect to a private label credit program,
-2- LRB9206832JScsam
1 any of the following: a retailer, a merchant, a
2 manufacturer, a trade group, or any such person's
3 affiliate, subsidiary, member, agent, or service
4 provider."; and
5 on page 16 by inserting immediately below line 10 the
6 following:
7 "(18) (a) The disclosure of financial records or
8 information related to a private label credit program
9 between a financial institution and a private label party
10 in connection with that private label credit program.
11 Such information is limited to outstanding balance,
12 available credit, payment and performance and account
13 history, product references, purchase information, and
14 information related to the identity of the customer.
15 (b) (l) For purposes of this paragraph (18) of
16 subsection (c) of Section 3-8, a "private label credit
17 program" means a credit program involving a financial
18 institution and a private label party that is used by a
19 customer of the financial institution and the private
20 label party primarily for payment for goods or services
21 sold, manufactured, or distributed by a private label
22 party.
23 (2) For purposes of this paragraph (18) of
24 subsection (c) of Section 3-8, a "private label party"
25 means, with respect to a private label credit program,
26 any of the following: a retailer, a merchant, a
27 manufacturer, a trade group, or any such person's
28 affiliate, subsidiary, member, agent, or service
29 provider."; and
30 on page 22 by inserting immediately below line 14 the
31 following:
32 "(18) (a) The disclosure of financial records or
33 information related to a private label credit program
-3- LRB9206832JScsam
1 between a financial institution and a private label party
2 in connection with that private label credit program.
3 Such information is limited to outstanding balance,
4 available credit, payment and performance and account
5 history, product references, purchase information, and
6 information related to the identity of the customer.
7 (b) (l) For purposes of this paragraph (18) of
8 subsection (c) of Section 4013, a "private label credit
9 program" means a credit program involving a financial
10 institution and a private label party that is used by a
11 customer of the financial institution and the private
12 label party primarily for payment for goods or services
13 sold, manufactured, or distributed by a private label
14 party.
15 (2) For purposes of this paragraph (18) of
16 subsection (c) of Section 4013, a "private label party"
17 means, with respect to a private label credit program,
18 any of the following: a retailer, a merchant, a
19 manufacturer, a trade group, or any such person's
20 affiliate, subsidiary, member, agent, or service
21 provider."; and
22 on page 28 by inserting immediately below line 27 the
23 following:
24 "(17) (a) The disclosure of financial records or
25 information related to a private label credit program
26 between a financial institution and a private label party
27 in connection with that private label credit program.
28 Such information is limited to outstanding balance,
29 available credit, payment and performance and account
30 history, product references, purchase information, and
31 information related to the identity of the customer.
32 (b) (l) For purposes of this paragraph (17) of
33 subsection (b) of Section 10, a "private label credit
34 program" means a credit program involving a financial
-4- LRB9206832JScsam
1 institution and a private label party that is used by a
2 customer of the financial institution and the private
3 label party primarily for payment for goods or services
4 sold, manufactured, or distributed by a private label
5 party.
6 (2) For purposes of this paragraph (17) of
7 subsection (b) of Section 10, a "private label party"
8 means, with respect to a private label credit program,
9 any of the following: a retailer, a merchant, a
10 manufacturer, a trade group, or any such person's
11 affiliate, subsidiary, member, agent, or service
12 provider.".