HB5749 Summary

• Amends Section 17-1 of the Criminal Code of 1961 regarding deceptive practices and fraud offenses.

• Defines key terms including "financial institution," "account holder," and "intent to defraud" for purposes of criminal deception statutes.

• Establishes criminal penalties for deceptive practices including obtaining property through deception, false statements to financial institutions, and check fraud, with sentences ranging from Class A misdemeanor to Class 4 felony depending on the offense and value involved.

• Makes possession of stolen or fraudulently obtained checks, check imprinting devices, and identification cards without authorization criminal offenses with enhanced penalties when multiple violations occur within a 12-month period.

• Increases penalties to Class 4 felony when the value of property obtained through deception exceeds $150 in a single transaction or within a 90-day period.