Illinois SB 2957: AGING-LONG TERM OMBUDSMAN

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB2957

Introduced 1/27/2026, by Sen. Steve Stadelman 

SYNOPSIS AS INTRODUCED:

New Act

815 ILCS 505/2MMMM new

 Creates the Tariff Transparency Act. Provides that a retail establishment shall disclose the percentage or dollar amount of the retail price of a retail product that is attributable to tariffs. Sets forth requirements for the disclosure. Requires retail establishments and wholesale trade firms to maintain specified records. Provides that all retail establishments subject to the Act shall be subject to periodic audits. Provides that a violation of the Act is an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act. Sets forth provisions concerning exemptions; rulemaking; public notice; and a compliance schedule. Amends the Consumer Fraud and Deceptive Business Practices Act to make a conforming change. Effective 90 days after becoming law.

LRB104 16966 SPS 30380 b

A BILL FOR

SB2957LRB104 16966 SPS 30380 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 1. Short title. This Act may be cited as the Tariff 

5Transparency Act.

6 Section 5. Definitions. As used in this Act:

7 "Consumer" means a natural person living in this State.

8 "Retail establishment" means any business establishment, 

9operating at a physical or virtual location, that engages in 

10selling retail products or services directly to consumers in 

11this State.

12 "Retail price" means the posted price available to any 

13customer of the retail establishment.

14 "Retail product" means any merchandise, article, or 

15commodity of any kind or class produced, distributed, or 

1