Senate Sponsors: DONAHUE-FARLEY-SEVERNS-FITZGERALD-PARKER, DILLARD, BOWLES, OBAMA AND HALVORSON. House Sponsors: LOPEZ-MCGUIRE-POE-MITCHELL-PARKE Short description: CONSUMER FRAUD-ELDERLY Synopsis of Bill as introduced: Amends the State Finance Act and the Consumer Fraud and Deceptive Business Practices Act. Provides that if a person engages in an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act and the victim is at least 65 years of age, the court may impose an additional civil penalty not to exceed $5,000 for each violation. Creates the Elderly Victim Fund in the State treasury administered by the Attorney General. Provides that moneys in the Fund shall be used for the investigation and prosecution of frauds against persons at least 65 years of age. Provides that an award of restitution has priority over the additional civil penalty. SENATE AMENDMENT NO. 1. Increases maximum civil penalty for fraud against persons 65 or older from $5,000 to $10,000. Also provides that 50% of the moneys in the Elderly Victim Fund shall be appropriated to the Attorney General for investigation and prosecution of frauds against persons 65 or older and 50% shall be appropriated to the Attorney General to implement State-wide education initiatives about prevention of consumer crimes against the elderly. FISCAL NOTE (Office of Attorney General) There is no fiscal impact issuing from this bill. HOUSE AMENDMENT NO. 1. Adds reference to: 30 ILCS 105/5.450 new Creates the Attorney General Court Ordered and Voluntary Compliance Payment Projects Fund in the State Treasury. Provides that moneys in the Fund shall be used for the performance of any function pertaining to the exercise of the duties of the Attorney General. STATE MANDATES FISCAL NOTE (DCCA) SB599 fails to create a State mandate. FISCAL NOTE, AMENDED (Office of Attorney General) No change from previous fiscal note. Last action on Bill: PUBLIC ACT.............................. 90-0414 Last action date: 97-08-15 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1 END OF INQUIRY Full Text Bill Status