COLLECTION AGENCY-DEBT BUYER
Summary
Amends the Collection Agency Act. Defines "charge-off date", "collection agency" or "agency", "debt buyer", and "principal balance" or "charge-off balance". Provides that if a debt buyer commences litigation against a debtor, then the debt buyer shall attach to the complaint an affidavit. Provides that a debt buyer shall be subject to all of the terms, conditions, and requirements of the Act, except that a debt buyer shall not be required to (i) file and maintain in force a surety bond; (ii) maintain a trust account; (iii) procure written authorization to refer the account to an attorney for suit; or (iv) adhere to the assignment for collection criteria. Provides that the Attorney General may enforce against debt buyers specified provisions under the Act as an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2012
Committee Review
May 2012
House Passage
May 2012
Senate Passage
May 2012
Signed into Law
Aug 2012
Introduced Mar 26, 2012
Signed Aug 24, 2012
Floor votes · Senate May 25, 2012 · House May 28, 2012
How they voted
47–0
Passed · 3 other
Total votes 50
May 25, 2012
D
Democratic30
93% Yea
R
Republican20
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
64
Key actions
18
Committee
23
Amendments
14
Aug 24, 2012
Signed into law
Governor Approved
lower
May 28, 2012
Lower · Passed
Passed Both Houses
lower
May 28, 2012
Introduced
Senate Floor Amendment No. 2 House Concurs 113-000-002
lower
May 28, 2012
Lower · Passed
Senate Committee Amendment No. 1 House Concurs 113-000-002
lower
May 28, 2012
Lower · Passed
Senate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
lower
May 28, 2012
Lower · Passed
Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 004-000-000
lower
May 25, 2012
Committee
Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
lower
May 25, 2012
Committee
Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
lower
May 25, 2012
Introduced
Senate Floor Amendment No. 2 Motion Filed Concur Rep. Lou Lang
lower
May 25, 2012
Lower · Passed
Senate Committee Amendment No. 1 Motion Filed Concur Rep. Lou Lang
lower
May 25, 2012
Introduced
Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 2
lower
May 25, 2012
Introduced
Arrived in House
lower
May 25, 2012
Senate · Passed
Senate Vote: pass (47-0-3)
senate
May 17, 2012
Upper · Passed
Senate Floor Amendment No. 2 Adopted; Dillard
upper
May 8, 2012
Introduced
Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 010-000-000
upper
May 8, 2012
Introduced
Senate Floor Amendment No. 2 Assignments Refers to Judiciary
upper
May 2, 2012
Committee
Senate Floor Amendment No. 2 Referred to Assignments
upper
May 2, 2012
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Kirk W. Dillard
upper
Apr 25, 2012
Upper · Passed
Do Pass as Amended Judiciary; 007-000-000
upper
Apr 24, 2012
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Apr 24, 2012
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Judiciary
upper
Apr 23, 2012
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Apr 23, 2012
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Kirk W. Dillard
upper
Apr 18, 2012
Committee
Assigned to Judiciary
upper
Mar 30, 2012
Committee
House Floor Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee
lower
Mar 26, 2012
Committee
Referred to Assignments
upper
Mar 26, 2012
Introduced
Arrive in Senate
upper
Mar 22, 2012
Lower · Passed
House Floor Amendment No. 3 Adopted by Voice Vote
lower
Mar 22, 2012
Lower · Passed
House Floor Amendment No. 3 Recommends Be Adopted Judiciary I - Civil Law Committee; 007-000-000
lower
Mar 21, 2012
Lower · Passed
House Floor Amendment No. 3 Rules Refers to Judiciary I - Civil Law Committee
lower
Mar 21, 2012
Lower · Passed
House Floor Amendment No. 2 Rules Refers to Judiciary I - Civil Law Committee
lower
Mar 16, 2012
Committee
House Floor Amendment No. 3 Referred to Rules Committee
lower
Mar 16, 2012
Introduced
House Floor Amendment No. 3 Filed with Clerk by Rep. Lou Lang
lower
Mar 14, 2012
Committee
House Floor Amendment No. 2 Referred to Rules Committee
lower
Mar 14, 2012
Introduced
House Floor Amendment No. 2 Filed with Clerk by Rep. Lou Lang
lower
Feb 29, 2012
Lower · Passed
Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 009-000-001
lower
Feb 29, 2012
Lower · Passed
House Committee Amendment No. 1 Adopted in Judiciary I - Civil Law Committee; by Voice Vote
lower
Feb 28, 2012
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Judiciary I - Civil Law Committee
lower
Feb 24, 2012
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Feb 24, 2012
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Lou Lang
lower
Feb 15, 2012
Committee
Assigned to Judiciary I - Civil Law Committee
lower
Feb 7, 2012
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 5016
Scope: IL
Hi! I can help you understand HB 5016. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline