DONAHUE-FARLEY-SEVERNS-FITZGERALD-PARKER, DILLARD, BOWLES,
OBAMA AND HALVORSON.
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
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1
END OF INQUIRY
Full Text Bill Status