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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022 HB4786 Introduced 1/27/2022, by Rep. Anne Stava-Murray SYNOPSIS AS INTRODUCED: |
| 765 ILCS 705/4 new | |
815 ILCS 505/2Z | from Ch. 121 1/2, par. 262Z |
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Amends the Landlord and Tenant Act. Restricts a landlord from requiring a tenant or prospective tenant to remit any amount due to the landlord by means of an electronic funds transfer. Provides that beginning 90 days after the effective date of the amendatory Act, a landlord who violates the provision is guilty of an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act and is subject to a civil penalty of $100 for each violation. Provides that a landlord who commits a second violation within 5 years of the first violation is subject to a civil penalty of $200, and a landlord who commits a third violation within 5 years of the first or second violation is subject to a civil penalty of $300. Makes a conforming change in the Consumer Fraud and Deceptive Business Practices Act.
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| | A BILL FOR |
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| | HB4786 | | LRB102 23082 LNS 32238 b |
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1 | | AN ACT concerning civil law.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Landlord and Tenant Act is amended by |
5 | | adding Section 4 as follows: |
6 | | (765 ILCS 705/4 new) |
7 | | Sec. 4. Payment by electronic funds transfer. |
8 | | (a) As used in this Section, "electronic funds transfer" |
9 | | means a transfer of funds, other than a transaction originated |
10 | | by check, draft, or similar paper instrument, that is |
11 | | initiated through an electronic terminal, telephone, computer, |
12 | | or magnetic tape for the purpose of ordering, instructing, or |
13 | | authorizing a financial institution to debit or credit a |
14 | | consumer's account, including, but not limited to, through the |
15 | | use of an automated clearing house system. |
16 | | (b) A landlord shall not require a tenant or prospective |
17 | | tenant to remit any amount due to the landlord under a |
18 | | residential lease, renewal, or extension agreement by means of |
19 | | an electronic funds transfer, including, but not limited to, |
20 | | an electronic funds transfer system that automatically |
21 | | transfers funds on a regular, periodic, and recurring basis. |
22 | | (c) Beginning 90 days after the effective date of this |
23 | | amendatory Act of the 102nd General Assembly, a landlord who |