FAIR CREDIT REPORTING House SponsorsRep. Constance A. Howard-Patricia Bailey 1/11/2005HouseSession Sine Die New Act220 ILCS 5/4-201.5 new Creates the Fair Credit Reporting Act and amends the Public Utilities Act. Directs the Illinois Commerce Commission to regulate the business of credit reporting agencies. Directs the Commission to investigate complaints against credit reporting agencies and to host public hearings. Provides for a civil penalty of up to $1,000 for a credit reporting agency's willful or negligent failure to resolve a consumer's complaint in a timely manner. Imposes certain requirements on credit reporting agencies. Provides that the federal Fair Credit Reporting Act governs matters not addressed by the Illinois Act. 2/27/2003HouseFiled with the Clerk by Rep. Constance A. Howard 2/28/2003HouseFirst Reading 2/28/2003HouseReferred to Rules Committee 3/5/2003HouseAssigned to Consumer Protection Committee 3/11/2003HouseAdded Chief Co-Sponsor Rep. Patricia Bailey 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die