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Rep. George Scully Jr.
Filed: 4/18/2007
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09500HB2070ham001 |
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LRB095 01546 MJR 34073 a |
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| AMENDMENT TO HOUSE BILL 2070
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| AMENDMENT NO. ______. Amend House Bill 2070 by replacing |
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| everything after the enacting clause with the following:
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| "Section 5. The Collection Agency Act is amended by |
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| changing Section 3 as follows:
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| (225 ILCS 425/3) (from Ch. 111, par. 2006)
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| (Section scheduled to be repealed on January 1, 2016)
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| Sec. 3. A person, association, partnership,
corporation, |
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| or other legal entity acts as a
collection agency when he, she,
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| or it:
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| (a) Engages in the business of collection for others of |
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| any account, bill
or other indebtedness;
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| (b) Receives, by assignment or otherwise, accounts, |
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| bills, or other
indebtedness from any person owning or |
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| controlling 20% or more of the
business receiving the |
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| assignment, with the purpose of collecting monies
due on |
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09500HB2070ham001 |
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LRB095 01546 MJR 34073 a |
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| such account, bill or other indebtedness;
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| (c) Sells or attempts to sell, or gives away or |
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| attempts to give away
to any other person, other than one |
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| registered under this Act, any system of
collection, |
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| letters, demand forms, or other printed matter where the |
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| name
of any person, other than that of the creditor, |
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| appears in such a manner
as to indicate, directly or |
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| indirectly, that a request or demand is being
made by any |
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| person other than the creditor for the payment of the sum |
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| or
sums due or asserted to be due;
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| (d) Buys accounts, bills or other indebtedness
with |
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| recourse and engages in collecting the same; or
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| (e) Uses a fictitious name in collecting its own |
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| accounts, bills, or debts
with the intention of conveying |
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| to the debtor that a third party has been
employed to make |
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| such collection; or .
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| (f) Is (i) an electric utility that served at least |
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| 100,000 customers in Illinois on December 31, 2005 or |
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| affiliated with such an electric utility and (ii) |
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| attempting to collect accounts, bills, or debts from retail |
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| electric customers in the service area of the electric |
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| utility company.
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| (Source: P.A. 94-414, eff. 12-31-05.)".
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