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IL SB0331
Bill
AI Summary
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Reduces civil penalties for non-financial institutions operating cash-dispensing terminals from up to $1,000 per violation to up to $100 per violation, with a maximum total of $1,000 per person.
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Eliminates tiered penalty structure that previously allowed up to $10,000 for second and subsequent violations, replacing it with a single uniform cap.
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Requires non-financial institution terminal operators to post contact numbers for consumer complaints and the Department on their machines.
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Authorizes the Commissioner to examine non-financial institution terminal operators only after receiving multiple complaints about their machines.
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Maintains requirement that networks file directories of cash-dispensing terminal locations with the Commissioner within 60 days and annually thereafter.
Legislative Description
REGULATION-TECH
Last Action
Public Act . . . . . . . . . 100-0661
8/1/2018