SB0222 EngrossedLRB101 05070 TAE 50080 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 changing Section 2LLL as follows:
 
6    (815 ILCS 505/2LLL)
7    Sec. 2LLL. Retail rebates.  
8    (a) In this Section, "rebate card" means a card, code, or 
9other device that is issued both (i) to a consumer in 
10connection with the consumer's purchase of a product or service 
11and the consumer's completion of the rebate submission process 
12as part of a rebate program operated or administered by a 
13merchant or product manufacturer and (ii) on a prepaid basis 
14primarily for personal, family, or household purposes to a 
15consumer in a specified amount, whether or not that amount may 
16be increased or reloaded, and is redeemable upon presentation 
17at multiple unaffiliated merchants for goods or services or 
18usable at automated teller machines. "Rebate card" does not 
19include (i) a payroll card as defined in the Illinois Wage 
20Payment and Collection Act, (ii) a gift card as defined in the 
21Revised Uniform Unclaimed Property Act, (iii) a stored-value 
22card, as defined in the Revised Uniform Unclaimed Property Act, 
23that is not issued to a consumer in connection with (1)   the 
 
 
SB0222 Engrossed- 2 -LRB101 05070 TAE 50080 b

1consumer's purchase of a product or service and (2) the 
2consumer's completion of the rebate submission process as part 
3of a rebate program operated or administered by a merchant or 
4product manufacturer, or (iv) in-store credit for returned 
5merchandise redeemable for merchandise, goods, or services 
6upon presentation at a single merchant or an affiliated group 
7of merchants.
8    (b) Any person who offers a rebate to consumers at retail 
9on any merchandise must conspicuously display and clearly 
10disclose to the consumer the type of rebate being offered, 
11whether additional fees may apply on the rebate offered, and 
12the form of remittance that will be provided to the consumer.
13    (c) It is an unlawful practice within the meaning of this 
14Act for any person to offer to consumers at retail a rebate 
15when the rebate is made on a rebate card that charges dormancy 
16fees or other post-issuance fees to the consumer, except fees 
17for card replacement.
18    (d) Any person who violates this Section commits an 
19unlawful practice within the meaning of this Act.

20(Source: P.A. 97-308, eff. 1-1-12.)