SB 3549

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Business-Credit Account Report

Abstract

Amends the Illinois Banking Act, the Savings Bank Act, and the Illinois Credit Union Act. Provides that if a credit card issuer is a party to a private label credit program and closes a customer's credit card due to inactivity, then the financial institution, saving bank, or credit union shall notify the customer and the credit reporting agencies in writing of the closure due to inactivity.

Bill Sponsors (1)

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Mar 15, 2024

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 13, 2024

Senate

Postponed - Financial Institutions

Mar 06, 2024

Senate

Postponed - Financial Institutions

Feb 20, 2024

Senate

Assigned to Financial Institutions

Feb 09, 2024

Senate

Filed with Secretary by Sen. Elgie R. Sims, Jr.

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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