Public Act 103-0132
 
HB1628 EnrolledLRB103 26210 LNS 52569 b


  
    AN ACT concerning civil law.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  


 
 
    Section 5. The Landlord and Tenant Act is amended  by 
adding Section 4 as follows:
 
    (765 ILCS 705/4 new)
    Sec. 4. Payment by electronic funds transfer.
    (a) As used in this Section, "electronic funds transfer" 
means a transfer of funds, other than a transaction originated 
by check, draft, or similar paper instrument, that is 
initiated through an electronic terminal, telephone, computer, 
or magnetic tape for the purpose of ordering, instructing, or 
authorizing a financial institution to debit or credit a 
consumer's account, including, but not limited to, through the 
use of an automated clearing house system.
    (b) A landlord shall not require a tenant or prospective 
tenant to remit any amount due to the landlord under a 
residential lease, renewal, or extension agreement by means of 
an electronic funds transfer, including, but not limited to, 
an electronic funds transfer system that automatically 
transfers funds on a regular, periodic, and recurring basis.
    (c) Beginning 90 days after the effective date of this 
amendatory Act of the 103rd General Assembly, a landlord who 
violates this Section is guilty of an unlawful practice under 
the Consumer Fraud and Deceptive Business Practices Act.
    (d) This Section applies to leases or agreements executed 
after the effective date of this amendatory Act of the 103rd 
General Assembly.