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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 SB1605 Introduced 2/15/2019, by Sen. Elgie R. Sims, Jr. SYNOPSIS AS INTRODUCED: | | |
Amends the Electronic Fund Transfer Act. Makes a technical change in a Section
concerning powers and duties under the Act.
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| | A BILL FOR |
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| | SB1605 | | LRB101 08909 RJF 53999 b |
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1 | | AN ACT concerning regulation.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Electronic Fund Transfer Act is amended by |
5 | | changing Section 20 as follows:
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6 | | (205 ILCS 616/20)
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7 | | Sec. 20. Powers and duties of Commissioner. The
The |
8 | | Commissioner shall have
the following powers and duties: |
9 | | (1) to promulgate reasonable rules in accordance with the
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10 | | Illinois Administrative Procedure Act for the
administration |
11 | | of this Act;
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12 | | (2) to issue orders for the enforcement of this Act and any |
13 | | rule promulgated
under this Act;
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14 | | (3) to appoint hearing officers to exercise any delegated
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15 | | powers;
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16 | | (4) to subpoena witnesses, compel their attendance, |
17 | | administer oaths,
examine any person under oath, and require |
18 | | the production of any relevant
books,
papers, accounts, and |
19 | | documents in the course of and pursuant to any
investigation |
20 | | conducted or action taken by the Commissioner; and
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21 | | (5) to conduct hearings.
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22 | | (Source: P.A. 92-811, eff. 8-21-02.)
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