HB3554 - 104th General Assembly

COLLECTION AGENCY ACT
Last Action

4/11/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors

Rep. Harry Benton - Margaret Croke
Statutes Amended In Order of Appearance
205 ILCS 740/2was 225 ILCS 425/2
205 ILCS 740/2.03was 225 ILCS 425/2.03
205 ILCS 740/2.04was 225 ILCS 425/2.04
205 ILCS 740/4was 225 ILCS 425/4
205 ILCS 740/4.5was 225 ILCS 425/4.5
205 ILCS 740/9was 225 ILCS 425/9
205 ILCS 740/9.1was 225 ILCS 425/9.1
205 ILCS 740/13.2was 225 ILCS 425/13.2
205 ILCS 740/14bwas 225 ILCS 425/14b
205 ILCS 740/16was 225 ILCS 425/16
205 ILCS 740/17was 225 ILCS 425/17
205 ILCS 740/18was 225 ILCS 425/18
205 ILCS 740/19was 225 ILCS 425/19
205 ILCS 740/20was 225 ILCS 425/20
205 ILCS 740/22was 225 ILCS 425/22
205 ILCS 740/23was 225 ILCS 425/23
205 ILCS 740/35was 225 ILCS 425/35
Synopsis As Introduced
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 Removes the Collection Agency Act from the list of Acts being repealed under the Act.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.

House Committee Amendment No. 1
Adds reference to:
205 ILCS 740/11was 225 ILCS 425/11
Further amends the Collection Agency Act. Removes a provision concerning informal conferences and makes a conforming change. Makes other changes.
Actions

Date Chamber Action
2/07/2025 House Filed with the Clerk by Rep. Margaret Croke
2/18/2025 House First Reading
2/18/2025 House Referred to Rules Committee
3/11/2025 House Assigned to Financial Institutions and Licensing Committee
3/11/2025 House House Committee Amendment No. 1 Filed with Clerk by Rep. Margaret Croke
3/11/2025 House House Committee Amendment No. 1 Referred to Rules Committee
3/12/2025 House House Committee Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
3/18/2025 House House Committee Amendment No. 1 Adopted in Financial Institutions and Licensing Committee; by Voice Vote
3/18/2025 House Do Pass as Amended / Short Debate Financial Institutions and Licensing Committee; 008-004-000
3/19/2025 House Placed on Calendar 2nd Reading - Short Debate
3/26/2025 House Second Reading - Short Debate
3/26/2025 House Held on Calendar Order of Second Reading - Short Debate
3/31/2025 House House Floor Amendment No. 2 Filed with Clerk by Rep. Margaret Croke
3/31/2025 House House Floor Amendment No. 2 Referred to Rules Committee
4/04/2025 House Chief Sponsor Changed to Rep. Harry Benton
4/04/2025 House Added Chief Co-Sponsor Rep. Margaret Croke
4/07/2025 House House Floor Amendment No. 2 Rules Refers to Financial Institutions and Licensing Committee
4/08/2025 House House Floor Amendment No. 2 Recommends Be Adopted Financial Institutions and Licensing Committee; 011-000-000
4/11/2025 House Rule 19(a) / Re-referred to Rules Committee
4/11/2025 House House Floor Amendment No. 2 Rule 19(c) / Re-referred to Rules Committee