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SB 2457

Illinois Senate bill in Session 104.

Status: enacted. Latest action: August 1, 2025.

COLLECTION AGENCY ACT.

Bill ID IL-104-SB-2457
Session 104
Status enacted
Senate enacted 2025-08-01
Summary

Amends the Regulatory Sunset Act. Removes the Collection Agency Act from the list of Acts being repealed under the Act. Amends the Collection Agency Act. Makes changes concerning defined terms; exempt persons and entities under the Act; unlicensed practice; disciplinary actions; communication; informal conferences; penalties; investigations; the record of hearing; oaths; findings and recommendations; hearings; orders; and returned payments. Provides that the fee rate a collection agency can charge may be modified by rule to not less than 25% of the amount of child support actually collected by the collection agency but not greater than 35%. Repeals provisions concerning the Collection Agency Licensing and Disciplinary Board and provisions concerning when a person acts as a collection agency. Makes other changes.

Sponsor
Mark L. Walker
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-07 Introduced Bill introduced
2025-08-01 Status enacted
2025-08-01 Latest Action 8/01/2025 - Senate:
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