State of Illinois
Public Acts
92^nd General Assembly

Public Act 92-0741

SB2188 Enrolled                                LRB9211251JSpc

    AN ACT concerning the Office of Banks and Real Estate.

    Be it enacted by the People of  the  State  of  Illinois,
represented in the General Assembly:

    Section  5.   The  Office of Banks and Real Estate Act is
amended by adding Section 5.5 as follows:

    (20 ILCS 3205/5.5 new)
    Sec. 5.5.  Payment by credit card or third-party  payment
agent.
    (a)  For  the  purposes of this Section, the term "credit
card" has the meaning  given  in  Section  10  of  the  Local
Governmental Acceptance of Credit Cards Act.
    (b)  The  Office  may,  but  need  not, accept payment by
credit card for any fee, fine, or other  charge  that  it  is
authorized by law to collect.  The Office may adopt rules and
procedures governing the acceptance of payment by credit card
and  may  enter  into  such agreements as may be necessary to
accept payment by credit card.
    (c)  The Office may enter into  agreements  with  one  or
more  financial  institutions,  internet  companies, or other
business entities to act as third-party  payment  agents  for
the  payment  of fees, fines, or other charges to the Office.
These agreements may authorize the third-party payment  agent
to retain a service fee out of the payments collected.
    The  Office  may,  but need not, accept payment through a
third-party payment agent of any fee, fine, or  other  charge
that  it  is  authorized  by  law to collect.  The Office may
adopt  rules  and  procedures  governing  the  acceptance  of
payments through third-party payment agents.
    (d)  Receipt by the Office of the amount of a fee,  fine,
or  other charge paid by credit card or through a third-party
payment agent authorized by the Office, less  the  amount  of
any  service  fee  retained under the Office's agreement with
the credit  card  service  provider  or  third-party  payment
agent,  shall be deemed receipt of the full amount of the fee
or other charge and shall discharge the payment obligation in
full.
    (e)  In the event of a conflict between this Section  and
a provision of any other Act administered by the Office, this
Section controls.

    Section  99.  Effective date.  This Act takes effect upon
becoming law.
    Passed in the General Assembly May 29, 2002.
    Approved July 25, 2002.
    Effective July 25, 2002.