Illinois House Bill 3461

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Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on February 17 2023 - 25% progression
Action: 2023-10-31 - Added Co-Sponsor Rep. Will Guzzardi
Pending: House Rules Committee
Text: Latest bill text (Engrossed) [HTML]

Amends the Credit Services Organizations Act. Changes the name of the Act to the Credit Repair Organizations Act. Provides that the Director of Financial and Professional Regulation shall oversee the activities of credit repair organizations and compliance with the Act. Provides that a credit repair organization shall submit a report every 6 months to the Director containing specified information. Provides that the Director may adopt rules necessary to administer the Act. Makes changes in provisions concerning contracts between a buyer and a credit repair organization; registration of credit repair organizations; violations of the Act; and remedies. Repeals provisions concerning surety bonds. Defines terms. Repeals provisions concerning surety bonds. Amends the Consumer Fraud and Deceptive Business Practices Act to make conforming changes. Effective January 1, 2024.

CREDIT REPAIR ORGANIZATIONS

Rep. Debbie Meyers-Martin [D]	Rep. Rita Mayfield [D]	Rep. Elizabeth Hernandez [D]	Rep. Theresa Mah [D]
Rep. Joyce Mason [D]	Rep. William Davis [D]	Rep. Emanuel Welch [D]	Rep. Camille Lilly [D]
Rep. Will Guzzardi [D]

Date	Chamber	Action
2023-10-31	House	Added Co-Sponsor Rep. Will Guzzardi
2023-03-27	House	House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
2023-03-27	House	Rule 19(a) / Re-referred to Rules Committee
2023-03-22	House	Added Co-Sponsor Rep. Camille Y. Lilly
2023-03-22	House	House Floor Amendment No. 1 Rules Refers to Consumer Protection Committee
2023-03-21	House	House Floor Amendment No. 1 Referred to Rules Committee
2023-03-21	House	House Floor Amendment No. 1 Filed with Clerk by Rep. Debbie Meyers-Martin
2023-03-15	House	Placed on Calendar Order of 3rd Reading - Short Debate
2023-03-15	House	Second Reading - Short Debate
2023-03-14	House	Added Co-Sponsor Rep. Emanuel "Chris" Welch
2023-03-08	House	Placed on Calendar 2nd Reading - Short Debate
2023-03-08	House	Added Co-Sponsor Rep. William "Will" Davis
2023-03-07	House	Do Pass / Short Debate Consumer Protection Committee; 006-003-000
2023-02-28	House	Added Co-Sponsor Rep. Joyce Mason
2023-02-28	House	Added Co-Sponsor Rep. Theresa Mah
2023-02-28	House	Assigned to Consumer Protection Committee
2023-02-23	House	Added Co-Sponsor Rep. Elizabeth "Lisa" Hernandez
2023-02-23	House	Added Chief Co-Sponsor Rep. Rita Mayfield
2023-02-17	House	Referred to Rules Committee
2023-02-17	House	First Reading
2023-02-17	House	Filed with the Clerk by Rep. Debbie Meyers-Martin

Chapter	Article	Section	Citation Type	Statute Text
815	505	2Z	Amended Code	Citation Text
815	605	1	Amended Code	Citation Text
815	605	10	Repealed Code	Citation Text
815	605	11	Amended Code	Citation Text
815	605	14	Amended Code	Citation Text
815	605	15	Amended Code	Citation Text
815	605	17	New Code	See Bill Text
815	605	3	Amended Code	Citation Text
815	605	5	Amended Code	Citation Text
815	605	5.5	New Code	See Bill Text
815	605	6	Amended Code	Citation Text
815	605	7	Amended Code	Citation Text
815	605	8	Amended Code	Citation Text
815	605	9	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3461&GAID=17&DocTypeID=HB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/HB/10300HB3461.htm
Text	https://www.ilga.gov/legislation/103/HB/10300HB3461eng.htm
Amendment	https://www.ilga.gov/legislation/103/HB/10300HB3461ham001.htm