STUDENT LOAN DEBT RELIEF

Amends the Debt Settlement Consumer Protection Act. Adds student loan borrowers to the definition of "consumer". Adds to the definition of "debt settlement provider" any person or entity engaging in, or holding itself out as engaging in, or any person who solicits for or acts on behalf of such person or entity engaging in or holding itself out as engaging in, the business of student loan debt relief services in exchange for any fee or compensation assessed against or charged to a consumer. Excludes institutions of higher education from the definition of "debt settlement provider". Defines other terms. Requires a specified notice and disclosure to student loan borrowers to be included in advertising and marketing communications concerning student loan debt relief services. Requires providers of student loan debt relief services to provide a specified notice and disclosure before a student loan borrower signs a contract. Provides that any fees charged to a student loan borrower in exchange for student loan debt relief shall comply with a provision concerning fees. Makes other changes. Effective immediately. Senate Committee Amendment No. 1 Deletes reference to: 225 ILCS 429/10 225 ILCS 429/105 225 ILCS 429/115 225 ILCS 429/125 Adds reference to: 225 ILCS 429/1 Replaces everything after the enacting clause. Amends the Debt Settlement Consumer Protection Act. Makes a technical change in a Section concerning the short title. Senate Floor Amendment No. 2 Deletes reference to: 225 ILCS 429/1 Adds reference to: 230 ILCS 5/19.5 230 ILCS 5/21 from Ch. 8, par. 37-21 230 ILCS 5/31 from Ch. 8, par. 37-31 230 ILCS 10/8 from Ch. 120, par. 2408 230 ILCS 10/8.1 new 230 ILCS 10/13 from Ch. 120, par. 2413 230 ILCS 15/1 from Ch. 85, par. 2301 230 ILCS 15/2 from Ch. 85, par. 2302 230 ILCS 40/5 230 ILCS 40/25 230 ILCS 40/27 230 ILCS 40/30 230 ILCS 40/45 230 ILCS 40/50 230 ILCS 40/65 230 ILCS 40/90 new 230 ILCS 45/25-10 230 ILCS 45/25-15 230 ILCS 45/25-25 230 ILCS 45/25-30 230 ILCS 45/25-35 230 ILCS 45/25-40 230 ILCS 45/25-50 Replaces everything after the enacting clause. Amends the Illinois Horse Racing Act of 1975. Provides the application process for the issuance of an organization license for the standardbred racetrack in Cook County. Changes the bond requirement for an applicant for an organization license. Makes changes to the qualifications for stallions for the Illinois Standardbred Breeders Fund breeding. Amends the Illinois Gambling Act. Provides that an applicant for a suppliers license under the Act that already holds specified licenses issued by the Illinois Gaming Board is entitled to licensure as a supplier under the Act without additional Board investigation or approval, except by a vote of the Board. Provides for the term of such a license. Adds provisions concerning harmonization of supplier category licenses. Makes changes in provisions concerning the wagering tax. Amends the Raffles and Poker Runs Act. Allows raffle licenses to be issued to fire protection agencies and associations that represent fire protection officials. Defines "fire protection agency" to mean a State, local government, or intergovernmental agency vested with the duty and authority to provide public fire suppression, rescue, or emergency medical services or an organization that provides support or assistance to such an agency. Amends the Video Gaming Act. Creates a sales agent and broker license to solicit or receive business from current or potential establishments licensed under the Act. Allows a qualified fraternal organization and a qualified veterans organization that derive their charters from a national organization to apply for a license allowing video gaming if the proposed establishment meets specified criteria. Makes changes concerning the fees that may be imposed by units of government and distribution of license fees. Adds provisions concerning regulation by the State. Limits home rule powers. Amends the Sports Wagering Act. Changes the renewal period for a supplier license from one year to 4 years. Provides that beginning 4 years after issuance of the initial supplier license, a holder of a supplier license shall pay a $150,000 annual license fee. Until July 1, 2023, allows tier 1 sports wagers that are not related to an individual athlete's performance and are made in person on Illinois collegiate teams. Provides that the requirement that an individual create a sports wagering account in person at a facility to participate in sports wagering over the Internet or through a mobile application applies until the issuance of the first master sports wagering license issued to an online sports wagering operator or March 5, 2022, whichever occurs first. Makes other changes. Effective immediately. Senate Floor Amendment No. 4 Updates a version of existing law regarding the wagering tax that is used in the bill and makes changes concerning certain transfers from the State Gaming Fund. In provisions of the Video Gaming Act regarding the sharing of fees imposed by units of government between the terminal operator and the video gaming establishments, provides that the provisions apply to fees under the Act (rather than the Section). In the definition of "sports facility" in the Sports Wagering Act, provides that the exception for a facility that holds a seating capacity of greater than 10,000 persons is applicable in a municipality (rather than county) with a population of more than 1,000,000. Provides that a home rule municipality that has adopted an ordinance imposing an amusement tax on persons who participate in the playing of video gaming terminals before November 1, 2021 (rather than on or before November 1, 2021) may continue to impose such amusement tax pursuant to such ordinance but shall not increase, expand, or extend the tax or tax rate on such persons participating in playing video gaming terminals in excess of that tax or rate set forth in such ordinance and shall not otherwise impose any other tax upon certain entities or persons.