Bill Sponsors: IL HB3461 | 2023-2024 | 103rd General Assembly
Bill Title: 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.
Spectrum: Partisan Bill (Democrat 9-0)
Status: (Introduced) 2023-10-31 - Added Co-Sponsor Rep. Will Guzzardi [HB3461 Detail]
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Democrat 9-0)
Status: (Introduced) 2023-10-31 - Added Co-Sponsor Rep. Will Guzzardi [HB3461 Detail]
Text: Latest bill text (Engrossed) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Representative Debbie Meyers-Martin [D] | Primary | Sponsored Bills | HD-038 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative Rita Mayfield [D] | Cosponsor | Sponsored Bills | HD-060 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative Elizabeth Hernandez [D] | Cosponsor | Sponsored Bills | HD-002 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative Theresa Mah [D] | Cosponsor | Sponsored Bills | HD-024 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative Joyce Mason [D] | Cosponsor | Sponsored Bills | HD-061 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative William Davis [D] | Cosponsor | Sponsored Bills | HD-030 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative Emanuel Welch [D] | Cosponsor | Sponsored Bills | HD-007 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative Camille Lilly [D] | Cosponsor | Sponsored Bills | HD-078 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative Will Guzzardi [D] | Cosponsor | Sponsored Bills | HD-039 | FollowTheMoney | Ballotpedia | VoteSmart |