Illinois HB 228: PEN CD-CHI TEACHERS-ERI

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 Full Text of HB0228

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 HB0228 - 104th General Assembly 

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HB0228 EnrolledLRB104 04051 SPS 14075 b

1 AN ACT concerning business.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Consumer Fraud and Deceptive Business 

5Practices Act is amended by adding Section 2MMMM as follows:

6 (815 ILCS 505/2MMMM new)

7 Sec. 2MMMM. Hidden and misleading fees.

8 (a) For purposes of this Section:

9 "Financial institution" means any person or entity who is 

10certified, permitted, approved, chartered, registered, 

11licensed, or otherwise authorized to engage in any profession, 

12trade, occupation, or industry by the Division of Banking or 

13the Division of Financial Institutions of the Department of 

14Financial and Professional Regulation.

15 "Gratuities" means compensation, money, or tip paid by a 

16consumer in excess of the amount required for the purchase of 

17goods or services, the total amount of which is received by the 

18employees providing the goods or services, and none of which 

19is retained by the business that employs the employees.

20 "Mandatory fee or surcharge" includes, but is not limited 

21to, a fee or surcharge that:

22 (1) must be paid in order to purchase the goods or 

23 services being advertised;

HB0228 Enrolled- 2 -LRB104 04051 SPS 14075 b

1 (2) is not reasonably avoidable by the consumer; or

2 (3) a person would reasonably expect to be included in 

3 the purchase of the goods or services being advertised.

4 "Mandatory fee or surcharge" does not include any taxes or 

5fees impo