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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB3393 Introduced , by Rep. Kambium Buckner SYNOPSIS AS INTRODUCED:
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Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that it is an unlawful practice to send to a consumer an unsolicited check that, when cashed, obligates the recipient to repay the amount of the check plus interest and fees. Provides that the provision does not apply to a transaction in which a consumer has submitted an application for, or requested an extension of, credit from the person before receiving the check or instrument, or when the consumer has an existing relationship with the person.
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| | A BILL FOR |
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| | HB3393 | | LRB101 10436 JLS 55542 b |
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| 1 | | AN ACT concerning business.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Consumer Fraud and Deceptive Business |
| 5 | | Practices Act is amended by adding Section 2WWW as follows:
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| 6 | | (815 ILCS 505/2WWW new) |
| 7 | | Sec. 2WWW. Unsolicited checks. |
| 8 | | (a) No person shall deliver to a consumer an unsolicited |
| 9 | | check payable to the consumer that, upon cashing, obligates the |
| 10 | | consumer to repay the amount of the check plus interest and |
| 11 | | fees. |
| 12 | | (b) This Section does not apply to a transaction in which a |
| 13 | | consumer has submitted an application for, or requested an |
| 14 | | extension of, credit from the person before receiving the check |
| 15 | | or instrument, or when the consumer has an existing |
| 16 | | relationship with the person. |
| 17 | | (c) A person who violates this Section commits and unlawful |
| 18 | | practice within the meaning of this Act.
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