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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB6973
Introduced 02/09/04, by Sara Feigenholtz SYNOPSIS AS INTRODUCED:
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Amends the Consumer Fraud and Deceptive Business Practices Act. Makes it is an unlawful practice within the meaning of the Act for a financial institution to record the driver's license number, social security number, or account balance of an account holder of the financial institution on a check presented by the account holder to the financial institution.
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A BILL FOR
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HB6973 |
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LRB093 16460 WGH 42100 b |
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| AN ACT concerning business transactions.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Consumer Fraud and Deceptive Business |
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| Practices Act is amended by adding Section 2QQ as follows:
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| (815 ILCS 505/2QQ new) |
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| Sec. 2QQ. Information recorded on checks; prohibition.
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| (a) It is an unlawful practice within the meaning of this |
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| Act for a financial institution to record the driver's license |
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| number, social security number, or account balance of an |
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| account holder of the financial institution on a check |
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| presented by the account holder to the financial institution. |
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| (b) As used in this Section: |
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| "Financial institution" means (i) any bank subject to the |
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| Illinois Banking Act, any savings bank subject to the Savings |
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| Bank Act, any savings and loan association subject to the |
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| Illinois Savings and Loan Act of 1985, or any credit union |
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| subject to the Illinois Credit Union Act; or (ii) any federally |
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| chartered commercial bank, savings bank, savings and loan |
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| association, or credit union organized and operated in this |
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| State under the laws of the United States. |
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| "Check" means a writing that (i) complies with the |
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| requirements of Section 3-104 of the Uniform Commercial Code |
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| and (ii) is payable by a third party to an account holder. |
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| "Account holder" means a person having a deposit account in |
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| a financial institution.
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