LIGHTFORD. New Act 815 ILCS 505/2Z from Ch. 121 1/2, par. 262Z Creates the Credit Card Marketing Information Disclosure Act. Provides that, if a credit card issuer discloses marketing information concerning a cardholder, the credit card issuer shall give a written notice to the cardholder that describes the cardholder's right to prohibit the disclosure of marketing information that discloses the cardholder's identity. Contains provisions concerning the effect of a cardholder's election to prohibit disclosure of marketing information. Sets forth exceptions to the Act. Provides that compliance with federal law relating to disclosures to cardholders concerning the use of personal information shall be deemed to be compliance with the Act. Provides that a person who violates the Act commits an unlawful practice within the meaning of the Consumer Fraud and Deceptive Business Practices Act. Amends the Consumer Fraud and Deceptive Business Practices Act to conform to the new Act. Effective January 1, 2001. 00-01-27 S FIRST READING 00-01-27 S REFERRED TO SENATE RULES COMMITTEE RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary