Illinois General Assembly - Full Text of Public Act 101-0462
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Public Act 101-0462


 

Public Act 0462 101ST GENERAL ASSEMBLY

  
  
  

 


 
Public Act 101-0462
 
HB2156 EnrolledLRB101 05071 TAE 50081 b

    AN ACT concerning business.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Consumer Fraud and Deceptive Business
Practices Act is amended by changing Section 2LLL as follows:
 
    (815 ILCS 505/2LLL)
    Sec. 2LLL. Retail rebates.
    (a) In this Section, "rebate card" means a card, code, or
other device that is issued both (i) to a consumer in
connection with the consumer's purchase of a product or service
and the consumer's completion of the rebate submission process
as part of a rebate program operated or administered by a
merchant or product manufacturer and (ii) on a prepaid basis
primarily for personal, family, or household purposes to a
consumer in a specified amount, whether or not that amount may
be increased or reloaded, and is redeemable upon presentation
at multiple unaffiliated merchants for goods or services or
usable at automated teller machines. "Rebate card" does not
include (i) a payroll card as defined in the Illinois Wage
Payment and Collection Act, (ii) a gift card as defined in the
Revised Uniform Unclaimed Property Act, (iii) a stored-value
card, as defined in the Revised Uniform Unclaimed Property Act,
that is not issued to a consumer in connection with (1) the
consumer's purchase of a product or service and (2) the
consumer's completion of the rebate submission process as part
of a rebate program operated or administered by a merchant or
product manufacturer, or (iv) in-store credit for returned
merchandise redeemable for merchandise, goods, or services
upon presentation at a single merchant or an affiliated group
of merchants.
    (b) Any person who offers a rebate to consumers at retail
on any merchandise must conspicuously display and clearly
disclose to the consumer the type of rebate being offered,
whether additional fees may apply on the rebate offered, and
the form of remittance that will be provided to the consumer.
    (c) It is an unlawful practice within the meaning of this
Act for any person to offer to consumers at retail a rebate
when the rebate is made on a rebate card that charges dormancy
fees or other post-issuance fees to the consumer, except fees
for card replacement.
    (d) Any person who violates this Section commits an
unlawful practice within the meaning of this Act.
(Source: P.A. 97-308, eff. 1-1-12.)

Effective Date: 1/1/2020