|
| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
SB3259 Introduced 2/6/2024, by Sen. Patrick J. Joyce SYNOPSIS AS INTRODUCED:
| | | Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that, except as otherwise provided under State law, the only fee that may be imposed on a transaction is a credit card surcharge fee. Provides that imposing a fee for the use of cash or debit card is a violation. Provides that a violation of the provision is an unlawful practice within the meaning of the Act. |
| |
| | A BILL FOR |
|
|
| | SB3259 | | LRB103 37714 SPS 67841 b |
|
|
| 1 | | AN ACT concerning business.
|
| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
|
| 4 | | Section 5. The Consumer Fraud and Deceptive Business |
| 5 | | Practices Act is amended by adding Section 2EEEE as follows:
|
| 6 | | (815 ILCS 505/2EEEE new) |
| 7 | | Sec. 2EEEE. Fee surcharge limits. |
| 8 | | (a) As used in this Section, a "credit card surcharge fee" |
| 9 | | means an additional amount imposed at the time of sale or lease |
| 10 | | transaction by the merchant, seller, or lessor that increases |
| 11 | | the charge to the consumer for the privilege of using a credit |
| 12 | | or charge card. |
| 13 | | (b) Except as otherwise provided under State law, the only |
| 14 | | fee that may be imposed on a transaction is a credit card |
| 15 | | surcharge fee. |
| 16 | | (c) Imposing a fee for the use of cash or debit card is a |
| 17 | | violation of this Section. |
| 18 | | (d) A violation of this Section is an unlawful practice |
| 19 | | within the meaning of the Act. |