Senate Sponsors: GEO-KARIS-BUTLER. House Sponsors: BUGIELSKI-CAPPARELLI Short description: ELEC FUND TRANSFR-CREDIT CARDS Synopsis of Bill as introduced: Amends the Electronic Fund Transfer Act. Requires that terminals display a notice of charges and a notice reminding users to take their receipt and to protect their personal identification number; requires that receipts given at terminals partially obscure the user's account number that is printed on the receipt. Amends the Illinois Credit Card and Debit Card Act. With respect to certain offenses (including: making a false written statement for the purpose of procuring a card; receiving another person's card with intent to use it without the cardholder's consent; and other offenses), increases the penalty from a Class A or B misdemeanor to a Class 4 felony. When a greater penalty is provided for an offense (for example, for committing, within a 12-month period, an offense with respect to 3 or more cards each issued to different cardholders other than the offender), increases the greater penalty from a Class A misdemeanor or Class 4 felony to a Class 3 felony. SENATE AMENDMENT NO. 1. Adds reference to: 205 ILCS 616/52 new Replaces amendatory changes to the Electronic Fund Transfer Act. Provides that no person operating a terminal shall impose a surcharge on a consumer for the use of that terminal unless the surcharge is disclosed to the consumer. Provides for inclusion of a number or code to identify the consumer on a receipt given at a terminal. Requires encrypting of access code entered by a consumer. Requires persons other than financial institutions that own a terminal to file certain financial and other information with the Commissioner of Banks and Real Estate. SENATE AMENDMENT NO. 3. Deletes reference to: 205 ILCS 616/52 new Adds reference to: 205 ILCS 616/30 Amends the Electronic Fund Transfer Act. Replaces provisions concerning terminal owners other than financial institutions. Authorizes a person other than a financial institution or affiliate of a financial institution to establish or own a cash-dispensing terminal at which an interchange transaction may be performed, provided that the terminal does not accept deposits of funds to an account. Requires that a statement of establishment or ownership be filed with the Commissioner of Banks and Real Estate. Provides for civil penalties for failure to comply. Requires a network operating in this State to maintain a directory of cash-dispensing terminal locations and to file the directory with the Commissioner. FISCAL NOTE, S-AMS 1 & 3 (Dpt. Financial Institutions) There would be minimal, if any, fiscal impact on the Dept. JUDICIAL NOTE It is not possible to determine what impact the bill will have on the need to increase the number of judges in the state. CORRECTIONAL NOTE Correction population impact is 71 inmates; fiscal impact is $14,594,800. STATE MANDATES FISCAL NOTE (DCCA) Fails to create a State mandate. HOME RULE NOTE SB 1044 does not preempt home rule authority. Last action on Bill: TOTAL VETO STANDS Last action date: 97-10-30 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 2 END OF INQUIRY Full Text Bill Status