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IL HB0341

Bill

Status

Introduced

1/26/2009

Primary Sponsor

Elizabeth Coulson

Click for details

Origin

House of Representatives

96th General Assembly

AI Summary

  • Amends the Check Cashing Act to add a definition of "casino-based electronic check acceptance service" as check-guarantee, check-acceptance, check-co-signing, or check-risk-management services performed by financial service firms in connection with riverboat gambling transactions or facilities within 1,000 feet of a riverboat.

  • Prohibits casino-based electronic check acceptance services from recovering treble damages from persons who write dishonored checks for use in casino-based transactions.

  • Applies to transactions involving checks on riverboats subject to the Riverboat Gambling Act or in associated facilities.

Legislative Description

CASINO-BASED ELECTRONIC CHECK

Last Action

Rule 19(a) / Re-referred to Rules Committee

3/13/2009

Committee Referrals

Rules3/13/2009
Financial Institutions2/4/2009
Rules1/27/2009

Full Bill Text

No bill text available