Date	Chamber	Action
1/9/2007	House	Session Sine Die

Statutes Amended In Order of Appearance

815 ILCS 505/2XX new

Synopsis As Introduced
Amends the Consumer Fraud and Deceptive Business Practices Act. Makes it an unlawful practice for any lender under a revolving credit arrangement to charge a late fee on that account if: (i) the lender provides the debtor with a statement that contains a due date; (ii) the lender has an automated payment system; and (iii) the debtor pays the bill at any time before midnight central time on the due date listed on the statement using the automated payment system. Makes it an unlawful practice for any lender under a revolving credit arrangement to report a late payment of a debtor to any credit reporting agencies if the debtor has paid the bill at any time before midnight central time on the due date listed on the statement using the automated payment system. Effective immediately.

Actions 

Date	Chamber	Action
1/11/2006	House	Filed with the Clerk by Rep. Robert S. Molaro
1/11/2006	House	First Reading
1/11/2006	House	Referred to Rules Committee
1/25/2006	House	Added Chief Co-Sponsor Rep. Lisa M. Dugan
1/25/2006	House	Added Co-Sponsor Rep. Robert Rita
2/7/2006	House	Added Chief Co-Sponsor Rep. Daniel V. Beiser
2/7/2006	House	Added Co-Sponsor Rep. Mike Boland
2/7/2006	House	Added Co-Sponsor Rep. Careen M Gordon
1/9/2007	House	Session Sine Die

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