Bill Amendment: IL HB0281 | 2019-2020 | 101st General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: CIV PRO-DEBTOR PROTECTION
Status: 2019-03-29 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB0281 Detail]
Download: Illinois-2019-HB0281-House_Amendment_001.html
Bill Title: CIV PRO-DEBTOR PROTECTION
Status: 2019-03-29 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB0281 Detail]
Download: Illinois-2019-HB0281-House_Amendment_001.html
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| 1 | AMENDMENT TO HOUSE BILL 281
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| 2 | AMENDMENT NO. ______. Amend House Bill 281 on page 1, | ||||||
| 3 | immediately above line 4, by inserting the following:
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| 4 | "Section 1. References to Act. This Act may be referred to | ||||||
| 5 | as the Consumer Fairness Act of 2019.
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| 6 | Section 3. Purpose. The purpose of this Act is to create a | ||||||
| 7 | fair and transparent relationship between debt collectors and | ||||||
| 8 | citizens of this State. This Act ensures debtors can maintain a | ||||||
| 9 | moderate standard of living while paying down judgment debts by | ||||||
| 10 | limiting harmful bank freezes and by adjusting the postjudgment | ||||||
| 11 | interest rate, revival period, and exemptions. This Act sets | ||||||
| 12 | forth a Debtor's Bill of Rights, which alerts consumers of | ||||||
| 13 | existing legal protections and resources.".
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