Bill Text: IL SB3014 | 2019-2020 | 101st General Assembly | Introduced
Bill Title: Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that the Act does not apply to the overcollection of any tax by a person, to the extent such overcollected tax is remitted to a government entity or agency. Provides that a tax is remitted to a governmental entity or agency when it is paid or transferred to the government entity or agency, or taken as a credit, allowance, or offset on a tax return or other tax form (including any amount of commission or discount taken by or allowed to a tax collector or taxpayer).
Spectrum: Bipartisan Bill
Status: (Failed) 2021-01-13 - Session Sine Die [SB3014 Detail]
Download: Illinois-2019-SB3014-Introduced.html
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1 | AN ACT concerning business.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Consumer Fraud and Deceptive Business | |||||||||||||||||||
5 | Practices Act is amended by changing Section 10b as follows:
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6 | (815 ILCS 505/10b) (from Ch. 121 1/2, par. 270b)
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7 | Sec. 10b. Nothing in this Act shall apply to any of the | |||||||||||||||||||
8 | following:
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9 | (1) Actions or transactions specifically authorized by | |||||||||||||||||||
10 | laws administered
by any regulatory body or officer acting | |||||||||||||||||||
11 | under statutory authority of this
State or the United | |||||||||||||||||||
12 | States; however, notwithstanding any action or approval by | |||||||||||||||||||
13 | a regulatory body or officer acting under statutory | |||||||||||||||||||
14 | authority of this State or the United States, the | |||||||||||||||||||
15 | manufacture, distribution, or sale of a product or service | |||||||||||||||||||
16 | that causes or contributes to cause bodily injury, death, | |||||||||||||||||||
17 | or property damage is not an action or transaction | |||||||||||||||||||
18 | "specifically authorized" within the meaning of this item | |||||||||||||||||||
19 | (1).
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20 | (2) The provisions of "An act to protect trademark | |||||||||||||||||||
21 | owners, distributors,
and the public against injurious and | |||||||||||||||||||
22 | uneconomic practices in the
distribution of articles of | |||||||||||||||||||
23 | standard quality under a trademark, brand or
name," |
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1 | approved July 8, 1935, as amended.
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2 | (3) Acts done by the publisher, owner, agent, or | ||||||
3 | employee of a
newspaper, periodical or radio or television | ||||||
4 | station in the publication or
dissemination of an | ||||||
5 | advertisement, when the owner, agent or employee did
not | ||||||
6 | have knowledge of the false, misleading or deceptive | ||||||
7 | character of the
advertisement, did not prepare the | ||||||
8 | advertisement, or did not have a direct
financial interest | ||||||
9 | in the sale or distribution of the advertised product or
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10 | service.
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11 | (4) The communication of any false, misleading or | ||||||
12 | deceptive information,
provided by the seller of real | ||||||
13 | estate located in Illinois, by a real estate
salesman or | ||||||
14 | broker licensed under "The Real Estate Brokers License | ||||||
15 | Act",
unless the salesman or broker knows of the false, | ||||||
16 | misleading or deceptive
character of such information. | ||||||
17 | This provision shall be effective as to any
communication, | ||||||
18 | whenever occurring.
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19 | (5) (Blank).
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20 | (6) The communication of any false, misleading, or | ||||||
21 | deceptive information by
an insurance producer, registered | ||||||
22 | firm, or limited insurance representative,
as those terms | ||||||
23 | are defined in the Illinois Insurance Code, or by an | ||||||
24 | insurance
agency or brokerage house concerning the sale, | ||||||
25 | placement, procurement, renewal,
binding, cancellation of, | ||||||
26 | or terms of any type of insurance or any policy of
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1 | insurance unless the insurance producer has actual | ||||||
2 | knowledge of
the false, misleading, or deceptive character | ||||||
3 | of the information. This
provision shall be effective as to | ||||||
4 | any communications, whenever occurring.
This item (6) | ||||||
5 | applies to all causes of action that accrue on or after the
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6 | effective date of this amendatory Act of 1995.
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7 | (7) The overcollection of any tax by a person, to the | ||||||
8 | extent such overcollected tax is remitted to a government | ||||||
9 | entity or agency. For purposes of this Section, a tax is | ||||||
10 | remitted to a governmental entity or agency when it is paid | ||||||
11 | or transferred to the government entity or agency, or taken | ||||||
12 | as a credit, allowance, or offset on a tax return or other | ||||||
13 | tax form (including any amount of commission or discount | ||||||
14 | taken by or allowed to a tax collector or taxpayer). This | ||||||
15 | subsection applies in addition to any other defense to an | ||||||
16 | action under this Act that may apply. | ||||||
17 | (Source: P.A. 101-25, eff. 6-21-19.)
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