<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 28     </title>
<shortdesc>ATM OVERDRAFT-FULL DISCLOSURE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jacqueline Y. Collins</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><reference>815 ILCS 505/2Z</reference><aliasreference>from Ch. 121 1/2, par. 262Z</aliasreference><SynopsisText>Creates the Automated Teller Machine Overdraft Disclosure Act. Requires operators of automated teller machines to provide customers with a full and complete disclosure of overdraft fees and penalties if the customer completes a transaction that causes the associated account to be overdrawn. Makes a violation of the Automated Teller Machine Overdraft Disclosure Act an unlawful practice within the meaning of the Consumer Fraud and Deceptive Business Practices Act. Provides that the Department of Financial and Professional Regulation may adopt any rules that it deems necessary to implement the Act. Amends the Consumer Fraud and Deceptive Business Practices Act to include a violation of the Automated Teller Machine Overdraft Disclosure Act as a violation of the Consumer Fraud and Deceptive Business Practices Act.</SynopsisText></synopsis>
<actions>
<statusdate>1/31/2007</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jacqueline Y. Collins</action>
<statusdate>1/31/2007</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/31/2007</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/7/2007</statusdate><chamber>Senate</chamber><action>Assigned to Financial Institutions</action>
<statusdate>3/2/2007</statusdate><chamber>Senate</chamber><action>Postponed - Financial Institutions</action>
<statusdate>3/8/2007</statusdate><chamber>Senate</chamber><action>Postponed - Financial Institutions</action>
<statusdate>3/16/2007</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Rules</action>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

