BUSINESS-CREDIT ACCOUNT REPORT Senate SponsorsSen. Elgie R. Sims, Jr.-Christopher Belt, Karina Villa and Willie Preston 1/7/2025SenateSession Sine Die 815 ILCS 505/2BBBB newAmends the Consumer Fraud and Deceptive Business Practices Act. Provides that if a merchant closes a customer's credit account because the merchant's business is closing or being liquidated, or due to inactivity on the credit account by its owner, the merchant shall report to the credit reporting agencies and to the owner of the account information explaining that the account was closed due to issues related to the merchant or inactivity and not the customer's failure to pay the balance of the credit account. Provides that any person who violates the provisions commits an unlawful practice. 2/10/2023SenateFiled with Secretary by Sen. Elgie R. Sims, Jr. 2/10/2023SenateFirst Reading 2/10/2023SenateReferred to Assignments 2/28/2023SenateAssigned to Financial Institutions 3/8/2023SenateDo Pass Financial Institutions; 005-003-000 3/8/2023SenatePlaced on Calendar Order of 2nd Reading March 9, 2023 3/16/2023SenateAdded as Chief Co-Sponsor Sen. Christopher Belt 3/21/2023SenateAdded as Co-Sponsor Sen. Karina Villa 3/24/2023SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Elgie R. Sims, Jr. 3/24/2023SenateSenate Floor Amendment No. 1 Referred to Assignments 3/27/2023SenateAdded as Co-Sponsor Sen. Willie Preston 3/28/2023SenateSenate Floor Amendment No. 1 Assignments Refers to Financial Institutions 3/29/2023SenateSecond Reading 3/29/2023SenatePlaced on Calendar Order of 3rd Reading March 30, 2023 3/30/2023SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Elgie R. Sims, Jr. 3/30/2023SenateSenate Floor Amendment No. 2 Referred to Assignments 3/30/2023SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Elgie R. Sims, Jr. 3/30/2023SenateSenate Floor Amendment No. 3 Referred to Assignments 3/30/2023SenateSenate Floor Amendment No. 2 Assignments Refers to State Government 3/31/2023SenateSenate Floor Amendment No. 2 Recommend Do Adopt State Government; 009-000-000 3/31/2023SenateRule 2-10(a) Third Reading Deadline Established As April 28, 2023 4/18/2023SenateSenate Floor Amendment No. 3 Pursuant to Senate Rule 3-8 (b1), the following amendment will remain in the Committee on Assignments. 4/28/2023SenateRule 3-9(a) / Re-referred to Assignments 6/26/2023SenateSenate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments 1/7/2025SenateSession Sine Die