On May 22, ILL LEG passed bill re consumer disclosure and protection.
ILL LEG enrolled SB 2764, revise a company's consumer notice on automatic renewal.
Amend ILL LEG 815-601-10 (business transactions, Automatic contract renewal act).
Key Bill Provisions
Current law sets permissions for person, firm, partnership, association or corporation that sells products or services to consumers where the contract automatically renews.
SB 2764 adds clause, if a free trial or promo period is given with auto renewal, the firm must inform consumer of said renewal no less than 3 days before trial period ends
Provision applies to free trial or promotional periods that last at least fifteen (15) days.
Notice to the consumer to be made in a method to which the consumer is accustomed.
Legislative History
On Jan. 16, 2024, bill introduced in Senate; on Apr. 12, 2024, bill passed the Senate.
On Apr. 15, 2024, bill was introduced in House; on May 22, 2024, bill passed in House.
Effectiveness
Senate bill SB 2764 comes in force upon the governor's signature and approval.
Aug. 2024 ILL LEG Governor Approval
On Aug. 9, 2024, ILL LEG reported governor signed bill; enacted as PA 103-0919.
Illinois bills passed before Jun. 1 take effect Jan. 1 of the next year, on Jan. 1, 2025.
Regulators
ILL LEG
Entity Types
CNSM
Reference
Pub Act 103-0919, 8/9/2024; Bill SB2764, 5/22/2024; Citation: ILL LEG 815-601;
