Sen. Emil Jones, III

Filed: 3/9/2018

 

 


 

 


 
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1
AMENDMENT TO SENATE BILL 2657

2    AMENDMENT NO. ______. Amend Senate Bill 2657 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Consumer Fraud and Deceptive Business
5Practices Act is amended by adding Section 2VVV as follows:
 
6    (815 ILCS 505/2VVV new)
7    Sec. 2VVV. Credit card and debit card transaction fees
8prohibited.
9    (a) As used in this Section, "transaction fee" means any
10per transaction fee, item fee, item rate fee, per item rate
11fee, communication fee, address verification fee, or
12authorization fee imposed on the person or consumer by the
13service provider for accepting or processing a credit or debit
14card.
15    (b) No service provider accepting and processing credit or
16debit card payments on behalf of a person may impose a

 

 

10000SB2657sam001- 2 -LRB100 16976 JLS 36744 a

1transaction fee upon the person or the consumer. It is an
2unlawful practice within the meaning of this Act for a service
3provider to impose a transaction fee upon the person or
4consumer in connection with the processing of credit or debit
5card payments.".