House Sponsors: SAVIANO. Senate Sponsors: MADIGAN,R Short description: COLLECTION AGCY-REASONABLE FEE Synopsis of Bill as introduced: Amends the Collection Agency Act. Provides that if a contingency or hourly fee arrangement (i) is established under an agreement between a collection agency and a creditor to collect a debt and (ii) is paid by a debtor pursuant to a contract between the debtor and the creditor, then that fee arrangement does not subject the licensee to disciplinary action unless the fee is unreasonable. Last action on Bill: PUBLIC ACT.............................. 91-0768 Last action date: 00-06-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status