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IL HB5025

Bill

Official Source

Status

Passed

7/18/2012

Primary Sponsor

Joseph Lyons

Click for details

Origin

House of Representatives

97th General Assembly

AI Summary

  • Amends the Public Utilities Act by adding Section 8-209 regarding utility credit reporting
  • Requires public utilities to notify credit reporting agencies within 5 business days when a customer makes full payment on an outstanding utility bill that was previously reported for non-payment
  • Payment must be made with certified funds or cash to trigger the notification requirement
  • Defines certified funds as instruments guaranteed by the issuing institution or those that have cleared the issuing institution

Legislative Description

PUBLIC UTILITIES-ACCOUNT HOLDS

Last Action

Public Act . . . . . . . . . 97-0821

7/18/2012

Committee Referrals

Commerce4/11/2012
Assignments3/30/2012
Consumer Protection2/27/2012
Rules2/7/2012

Full Bill Text

No bill text available