IL
Illinois House Bill HB1628

Illinois 2023-2024 Regular Session

Illinois House Bill HB1628 Compare Versions

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1-Public Act 103-0132
21 HB1628 EnrolledLRB103 26210 LNS 52569 b HB1628 Enrolled LRB103 26210 LNS 52569 b
32 HB1628 Enrolled LRB103 26210 LNS 52569 b
4-AN ACT concerning civil law.
5-Be it enacted by the People of the State of Illinois,
6-represented in the General Assembly:
7-Section 5. The Landlord and Tenant Act is amended by
8-adding Section 4 as follows:
9-(765 ILCS 705/4 new)
10-Sec. 4. Payment by electronic funds transfer.
11-(a) As used in this Section, "electronic funds transfer"
12-means a transfer of funds, other than a transaction originated
13-by check, draft, or similar paper instrument, that is
14-initiated through an electronic terminal, telephone, computer,
15-or magnetic tape for the purpose of ordering, instructing, or
16-authorizing a financial institution to debit or credit a
17-consumer's account, including, but not limited to, through the
18-use of an automated clearing house system.
19-(b) A landlord shall not require a tenant or prospective
20-tenant to remit any amount due to the landlord under a
21-residential lease, renewal, or extension agreement by means of
22-an electronic funds transfer, including, but not limited to,
23-an electronic funds transfer system that automatically
24-transfers funds on a regular, periodic, and recurring basis.
25-(c) Beginning 90 days after the effective date of this
26-amendatory Act of the 103rd General Assembly, a landlord who
3+1 AN ACT concerning civil law.
4+2 Be it enacted by the People of the State of Illinois,
5+3 represented in the General Assembly:
6+4 Section 5. The Landlord and Tenant Act is amended by
7+5 adding Section 4 as follows:
8+6 (765 ILCS 705/4 new)
9+7 Sec. 4. Payment by electronic funds transfer.
10+8 (a) As used in this Section, "electronic funds transfer"
11+9 means a transfer of funds, other than a transaction originated
12+10 by check, draft, or similar paper instrument, that is
13+11 initiated through an electronic terminal, telephone, computer,
14+12 or magnetic tape for the purpose of ordering, instructing, or
15+13 authorizing a financial institution to debit or credit a
16+14 consumer's account, including, but not limited to, through the
17+15 use of an automated clearing house system.
18+16 (b) A landlord shall not require a tenant or prospective
19+17 tenant to remit any amount due to the landlord under a
20+18 residential lease, renewal, or extension agreement by means of
21+19 an electronic funds transfer, including, but not limited to,
22+20 an electronic funds transfer system that automatically
23+21 transfers funds on a regular, periodic, and recurring basis.
24+22 (c) Beginning 90 days after the effective date of this
25+23 amendatory Act of the 103rd General Assembly, a landlord who
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33-violates this Section is guilty of an unlawful practice under
34-the Consumer Fraud and Deceptive Business Practices Act.
35-(d) This Section applies to leases or agreements executed
36-after the effective date of this amendatory Act of the 103rd
37-General Assembly.
32+HB1628 Enrolled- 2 -LRB103 26210 LNS 52569 b HB1628 Enrolled - 2 - LRB103 26210 LNS 52569 b
33+ HB1628 Enrolled - 2 - LRB103 26210 LNS 52569 b
34+1 violates this Section is guilty of an unlawful practice under
35+2 the Consumer Fraud and Deceptive Business Practices Act.
36+3 (d) This Section applies to leases or agreements executed
37+4 after the effective date of this amendatory Act of the 103rd
38+5 General Assembly.
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44+ HB1628 Enrolled - 2 - LRB103 26210 LNS 52569 b