Bill Text: IL HB0853 | 2015-2016 | 99th General Assembly | Introduced

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Bill Title: Amends the Electronic Fund Transfer Act. Makes a technical change in a Section concerning powers and duties under the Act.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2016-04-28 - House Floor Amendment No. 3 Rule 19(a) / Re-referred to Rules Committee [HB0853 Detail]

Download: Illinois-2015-HB0853-Introduced.html

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99TH GENERAL ASSEMBLY State of Illinois 2015 and 2016 HB0853 Introduced , by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED:
205 ILCS 616/20
Amends the Electronic Fund Transfer Act. Makes a technical change in a Section concerning powers and duties under the Act.
LRB099 04677 MGM 24706 b
A BILL FOR
HB0853 LRB099 04677 MGM 24706 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Electronic Fund Transfer Act is amended by
changing Section 20 as follows:
(205 ILCS 616/20)
Sec. 20. Powers and duties of Commissioner. The The
Commissioner shall have the following powers and duties:
(1) to promulgate reasonable rules in accordance with the
Illinois Administrative Procedure Act for the administration
of this Act;
(2) to issue orders for the enforcement of this Act and any
rule promulgated under this Act;
(3) to appoint hearing officers to exercise any delegated
powers;
(4) to subpoena witnesses, compel their attendance,
administer oaths, examine any person under oath, and require
the production of any relevant books, papers, accounts, and
documents in the course of and pursuant to any investigation
conducted or action taken by the Commissioner; and
(5) to conduct hearings.
(Source: P.A. 92-811, eff. 8-21-02.)