MUNOZ-WELCH. (ACEVEDO-FRITCHEY-MENDOZA) New Act Creates the Debit Card Liability Act. Provides that a debit cardholder is not liable for more than $50 in unauthorized charges on a debit card unless the debit cardholder fails to report an unauthorized use that appears on a periodic statement within 60 days after the issuer has transmitted the statement to the cardholder. SENATE AMENDMENT NO. 1. Deletes reference to: New Act Adds reference to: 815 ILCS 145/Act title 815 ILCS 145/0.01 from Ch. 17, par. 6100 815 ILCS 145/1 from Ch. 17, par. 6101 815 ILCS 145/2 from Ch. 17, par. 6102 Replaces the title and everything after the enacting clause. Amends the Credit Card Liability Act. Changes the title of the Act. Includes debit cards within the scope of the Act and provides that liability for unsolicited, lost, or stolen debit cards is limited in the same manner as for credit cards. SENATE AMENDMENT NO. 2. Makes a technical correction. HOUSE AMENDMENT NO. 1. Deletes reference to: 815 ILCS 145/2 Adds reference to: 815 ILCS 145/3 new Deletes provisions limiting liability for unauthorized charges on debit cards in the same manner as for credit cards. Provides that liability for unauthorized use of a debit card shall be limited in the manner provided by the Board of Governors of the Federal Reserve System. FEB-20-2001 S FIRST READING FEB-20-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-21-2001 S ASSIGNED TO COMMITTEE FIN INST MAR-01-2001 S AMENDMENT NO. 01-FINANC. INST. S MAR-01-2001 S ADOPTED MAR-01-2001 S DO PASS AS AMENDED 008-000-000 SFIC MAR-01-2001 S PLACED ON CALENDAR ORDER OF 2ND READING 01-03-06 MAR-06-2001 S FILED WITH SECRETARY MAR-06-2001 S AMENDMENT NO. 02-MUNOZ MAR-06-2001 S AMENDMENT REFERRED TO SRUL MAR-06-2001 S CALENDAR ORDER OF 2ND READING 01-03-06 MAR-06-2001 S SECOND READING MAR-06-2001 S PLACED ON CALENDAR ORDER OF 3RD READING 01-03-07 MAR-06-2001 S ADDED AS A CHIEF CO-SPONSOR WELCH MAR-07-2001 S AMENDMENT NO. 02-MUNOZ MAR-07-2001 S BE APPROVED FOR CONSIDERATION SRUL MAR-07-2001 S RECALLED TO SECOND READING MAR-07-2001 S AMENDMENT NO. 02-MUNOZ MAR-07-2001 S ADOPTED MAR-07-2001 S PLACED ON CALENDAR ORDER OF 3RD READING 01-03-08 MAR-08-2001 S THIRD READING - PASSED 056-000-000 MAR-08-2001 H ARRIVE IN HOUSE MAR-08-2001 H PLACED CALENDAR ORDER OF FIRST READING MAR-15-2001 H HOUSE SPONSOR ACEVEDO MAR-16-2001 H FIRST READING MAR-16-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES APR-03-2001 H ASSIGNED TO COMMITTEE CONSUMER PROT MAY-01-2001 H ADDED AS A JOINT SPONSOR FRITCHEY MAY-02-2001 H DO PASS/SHORT DEBATE 010-000-000 HCON MAY-02-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAY-03-2001 H SECOND READING-SHORT DEBATE MAY-03-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-08-2001 H AMENDMENT NO. 01-ACEVEDO MAY-08-2001 H AMENDMENT REFERRED TO HRUL MAY-08-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-09-2001 H AMENDMENT NO. 01-ACEVEDO MAY-09-2001 H RULES REFERS TO HCON MAY-09-2001 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE MAY-10-2001 H AMENDMENT NO. 01-ACEVEDO MAY-10-2001 H RECOMMENDS BE ADOPTED HCON/009-000-000 MAY-10-2001 H ADDED AS A JOINT SPONSOR MENDOZA MAY-10-2001 H AMENDMENT NO. 01-ACEVEDO MAY-10-2001 H ADOPTED MAY-10-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAY-15-2001 H THIRD READING/SHORT DEBATE/PASSED 114-000-000 MAY-16-2001 S SECRETARYS DESK - CONCURRENCE 01 MAY-18-2001 S FILED WITH SECRETARY MAY-18-2001 S MOTION NON-CONCUR - HOUSE AMENDMENT NO 01-MUNOZ MAY-23-2001 S SEN NON-CONCURS IN HSE AMENDMENTS (NO.) 01 MAY-23-2001 H ARRIVE IN HOUSE MAY-23-2001 H PLACED CALENDAR ORDER NON-CONCURRENCE 01 MAY-31-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary