Illinois General Assembly - Full Text of HB3920
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Full Text of HB3920  101st General Assembly

HB3920 101ST GENERAL ASSEMBLY

  
  

 


 
101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB3920

 

Introduced 10/21/2019, by Rep. Kambium Buckner

 

SYNOPSIS AS INTRODUCED:
 
815 ILCS 505/2WWW new

    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.


LRB101 14626 TAE 63537 b

 

 

A BILL FOR

 

HB3920LRB101 14626 TAE 63537 b

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