Sen. Don Harmon

Filed: 4/13/2017

 

 


 

 


 
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1
AMENDMENT TO SENATE BILL 319

2    AMENDMENT NO. ______. Amend Senate Bill 319 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Employee Credit Privacy Act is amended by
5changing Sections 5 and 10 as follows:
 
6    (820 ILCS 70/5)
7    Sec. 5. Definitions. As used in this Act:
8    "Bank" means any bank holding company, financial holding
9company, bank, savings bank, savings and loan association,
10credit union, or trust company, or any subsidiary or affiliate
11thereof, that is authorized to do business under the laws of
12this State or of the United States.
13    "Credit history" means an individual's past borrowing and
14repaying behavior, including paying bills on time and managing
15debt and other financial obligations.
16    "Credit report" means any written or other communication of

 

 

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1any information by a consumer reporting agency that bears on a
2consumer's creditworthiness, credit standing, credit capacity,
3or credit history.
4    "Employee" means an individual who receives compensation
5for performing services for an employer under an express or
6implied contract of hire.
7    "Employer" means an individual or entity that permits one
8or more individuals to work or that accepts applications for
9employment or is an agent of an employer. "Employer" does not,
10however, include:
11        (1) Any bank holding company, financial holding
12    company, bank, savings bank, savings and loan association,
13    credit union, or trust company, or any subsidiary or
14    affiliate thereof, that is authorized to do business under
15    the laws of this State or of the United States.
16        (2) Any company authorized to engage in any kind of
17    insurance or surety business pursuant to the Illinois
18    Insurance Code, including any employee, agent, or employee
19    of an agent acting on behalf of a company engaged in the
20    insurance or surety business.
21        (1) (3) Any State law enforcement or investigative
22    unit, including, without limitation, any such unit within
23    the Office of any Executive Inspector General, the
24    Department of State Police, the Department of Corrections,
25    the Department of Juvenile Justice, or the Department of
26    Natural Resources.

 

 

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1        (2) (4) Any State or local government agency which
2    otherwise requires use of the employee's or applicant's
3    credit history or credit report.
4        (5) Any entity that is defined as a debt collector
5    under federal or State statute.
6    "Financial information" means non-public information on
7the overall financial direction of an organization, including,
8but not limited to, company taxes or profit and loss reports.
9    "Insurance company" means any company authorized to engage
10in any kind of insurance or surety business pursuant to the
11Illinois Insurance Code, including any employee, agent, or
12employee of an agent acting on behalf of a company engaged in
13the insurance or surety business.
14    "Marketable assets" means company property that is
15specially safeguarded from the public and to which access is
16only entrusted to managers and select other employees. For the
17purposes of this Act, marketable assets do not include the
18fixtures, furnishings, or equipment of an employer.
19    "Personal or confidential information" means sensitive
20information that a customer or client of the employing
21organization gives explicit authorization for the organization
22to obtain, process, and keep; that the employer entrusts only
23to managers and a select few employees; or that is stored in
24secure repositories not accessible by the public or low-level
25employees.
26    "State or national security information" means information

 

 

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1only offered to select employees because it may jeopardize the
2security of the State or the nation if it were entrusted to the
3general public.
4    "Trade secrets" means sensitive information regarding a
5company's overall strategy or business plans. This does not
6include general proprietary company information such as
7handbooks, policies, or low-level strategies.
8(Source: P.A. 96-1426, eff. 1-1-11.)
 
9    (820 ILCS 70/10)
10    Sec. 10. Employment based on credit history or credit
11report not permitted.
12    (a) Except as provided in this Section, an employer shall
13not do any of the following:
14        (1) Fail or refuse to hire or recruit, discharge, or
15    otherwise discriminate against an individual with respect
16    to employment, compensation, or a term, condition, or
17    privilege of employment because of the individual's credit
18    history or credit report.
19        (2) Inquire about an applicant's or employee's credit
20    history.
21        (3) Order or obtain an applicant's or employee's credit
22    report from a consumer reporting agency.
23    (b) The prohibition in subsection (a) of this Section does
24not prevent an inquiry or employment action if a satisfactory
25credit history is an established bona fide occupational

 

 

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1requirement of a particular position or a particular group of
2an employer's employees. A satisfactory credit history is not a
3bona fide occupational requirement unless at least one of the
4following circumstances is present:
5        (1) State or federal law requires bonding or other
6    security covering an individual holding the position.
7        (2) The duties of the position include custody of or
8    unsupervised access to cash or marketable assets valued at
9    $2,500 or more.
10        (3) The duties of the position include signatory power
11    over business assets of $100 or more per transaction.
12        (4) (Blank). The position is a managerial position
13    which involves setting the direction or control of the
14    business.
15        (5) The position involves access to personal or
16    confidential information, financial information, trade
17    secrets, or State or national security information.
18        (6) The position meets criteria in administrative
19    rules, if any, that the U.S. Department of Labor or the
20    Illinois Department of Labor has promulgated to establish
21    the circumstances in which a credit history is a bona fide
22    occupational requirement.
23        (7) The employee's or applicant's credit history is
24    otherwise required by or exempt under federal or State law.
25    (c) A satisfactory credit history is a bona fide
26occupational requirement for employees of banks and insurance

 

 

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1companies who have access to information described in item (5)
2of subsection (b).
3(Source: P.A. 96-1426, eff. 1-1-11.)".