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IL HB0681

Bill

Status

Introduced

2/5/2021

Primary Sponsor

Jeff Keicher

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Origin

House of Representatives

102nd General Assembly

AI Summary

  • Amends the Code of Civil Procedure to clarify that child support arrearages are excluded from the definition of "consumer debt."

  • Excludes child support arrearage judgments from the definition of "consumer debt judgment" so they are not subject to reduced interest rates.

  • Ensures child support arrearages continue to accrue interest at the standard 9% per annum rate rather than the 5% rate applied to consumer debt judgments of $25,000 or less.

  • States the bill's purpose is to clarify that Public Act 101-168's changes to consumer debt judgment interest rates did not apply to child support arrearages in order to protect children's interests.

Legislative Description

CONSUMER DEBT-CHILD SUPPORT

Last Action

Rule 19(b) / Motion Referred to Rules Committee

11/29/2021

Committee Referrals

Rules3/27/2021
Judiciary - Civil3/2/2021
Rules2/8/2021

Full Bill Text

No bill text available