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Amends the Regulatory Sunset Act. Removes the Collection Agency Act from the list of Acts being repealed under the Act. Amends the Collection Agency Act. Makes changes concerning defined terms; exempt persons and entities under the Act; unlicensed practice; disciplinary actions; communication; informal conferences; penalties; investigations; the record of hearing; oaths; findings and recommendations; hearings; orders; and returned payments. Provides that the fee rate a collection agency can charge may be modified by rule to not less than 25% of the amount of child support actually collected by the collection agency but not greater than 35%. Repeals provisions concerning the Collection Agency Licensing and Disciplinary Board and provisions concerning when a person acts as a collection agency. Makes other changes.
Introduced
Feb 18, 2025
Last Action
Apr 11, 2025
Session
IL 104th
Sponsors
1 primary · 1 co
House Floor Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee
Rule 19(a) / Re-referred to Rules Committee
House Floor Amendment No. 2 Recommends Be Adopted Financial Institutions and Licensing Committee; 011-000-000
House Floor Amendment No. 2 Rules Refers to Financial Institutions and Licensing Committee
Chief Sponsor Changed to Rep. Harry Benton
Added Chief Co-Sponsor Rep. Margaret Croke
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 2 Filed with Clerk by Rep. Margaret Croke
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass as Amended / Short Debate Financial Institutions and Licensing Committee; 008-004-000
House Committee Amendment No. 1 Adopted in Financial Institutions and Licensing Committee; by Voice Vote
House Committee Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
House Committee Amendment No. 1 Referred to Rules Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. Margaret Croke
Assigned to Financial Institutions and Licensing Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Margaret Croke
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
House Floor Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee