STUDENT LOAN DEBT RELIEF Senate SponsorsSen. Omar Aquino, Cristina Castro-John Connor-John F. Curran, Sally J. Turner-Julie A. Morrison, Laura M. Murphy, Scott M. Bennett, Mattie Hunter, Suzy Glowiak Hilton, Steve Stadelman-Jacqueline Y. Collins, Kimberly A. Lightford, Laura Ellman, Celina Villanueva, Robert Peters, Karina Villa, Adriane Johnson, Bill Cunningham, Rachelle Crowe, Sara Feigenholtz, Melinda Bush, Linda Holmes, Mike Simmons, Robert F. Martwick and Cristina H. Pacione-Zayas House Sponsors(Rep. Michael J. Zalewski-Kambium Buckner-Joyce Mason-Jaime M. Andrade, Jr., Carol Ammons, Katie Stuart, Barbara Hernandez, Jonathan Carroll, Maurice A. West, II, Elizabeth Hernandez, Janet Yang Rohr and Dagmara Avelar) 8/6/2021SenatePublic Act . . . . . . . . . 102-0298 225 ILCS 429/10225 ILCS 429/105225 ILCS 429/115225 ILCS 429/125Amends the Debt Settlement Consumer Protection Act. Adds student loan borrowers to the definition of "consumer". Adds to the definition of "debt settlement provider" any person or entity engaging in, or holding itself out as engaging in, or any person who solicits for or acts on behalf of such person or entity engaging in or holding itself out as engaging in, the business of student loan debt relief services in exchange for any fee or compensation assessed against or charged to a consumer. Excludes institutions of higher education from the definition of "debt settlement provider". Defines other terms. Requires a specified notice and disclosure to student loan borrowers to be included in advertising and marketing communications concerning student loan debt relief services. Requires providers of student loan debt relief services to provide a specified notice and disclosure before a student loan borrower signs a contract. Provides that any fees charged to a student loan borrower in exchange for student loan debt relief shall comply with a provision concerning fees. Makes other changes. Effective immediately.Senate Committee Amendment No. 2 Adds reference to:225 ILCS 429/145Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes: Provides that "debt settlement service" does not include the services of any other originator, guarantor, or servicer of federal education loans or private education loans (rather than federal education loans). Provides that "student loan borrower" includes a parent, grandparent, or other family member who has received or agreed to pay a student loan for a family member receiving the education or any co-signer who has agreed to share responsibility for repaying a student loan with the person receiving the education. Further amends the Debt Settlement Consumer Protection Act. Provides that a debt settlement provider shall not advise or represent, expressly or by implication, that consumers should stop communicating with their creditors, lenders, loan servicers, loan guarantors, or attorneys or government entities (rather than creditors). Provides that a debt settlement provider shall not advise or represent, expressly or by implication, that consumers should stop making payments to their creditors, lenders, loan servicers, loan guarantors, or attorneys or government entities (rather than creditors). Provides that a debt settlement provider shall not access or obtain a consumer's or student loan borrower's federal student aid information in violation of federal law. Effective immediately. 2/25/2021SenateFiled with Secretary by Sen. Omar Aquino 2/25/2021SenateFirst Reading 2/25/2021SenateReferred to Assignments 3/9/2021SenateAssigned to Higher Education 3/10/2021SenateAdded as Co-Sponsor Sen. Cristina Castro 3/10/2021SenateAdded as Chief Co-Sponsor Sen. John Connor 3/10/2021SenateAdded as Chief Co-Sponsor Sen. John F. Curran 3/10/2021SenateAdded as Co-Sponsor Sen. Sally J. Turner 3/10/2021SenateAdded as Chief Co-Sponsor Sen. Julie A. Morrison 3/10/2021SenateAdded as Co-Sponsor Sen. Laura M. Murphy 3/10/2021SenateAdded as Co-Sponsor Sen. Scott M. Bennett 3/12/2021SenateAdded as Co-Sponsor Sen. Mattie Hunter 3/15/2021SenateAdded as Co-Sponsor Sen. Suzy Glowiak Hilton 3/15/2021SenateAdded as Co-Sponsor Sen. Steve Stadelman 3/17/2021SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins 3/17/2021SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford 3/17/2021SenateAdded as Co-Sponsor Sen. Laura Ellman 3/17/2021SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Omar Aquino 3/17/2021SenateSenate Committee Amendment No. 1 Referred to Assignments 3/23/2021SenateSenate Committee Amendment No. 1 Assignments Refers to Higher Education 3/23/2021SenateAdded as Co-Sponsor Sen. Celina Villanueva 3/23/2021SenateSenate Committee Amendment No. 1 Postponed - Higher Education 3/24/2021SenatePostponed - Higher Education 4/6/2021SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Omar Aquino 4/6/2021SenateSenate Committee Amendment No. 2 Referred to Assignments 4/13/2021SenateSenate Committee Amendment No. 2 Assignments Refers to Higher Education 4/13/2021SenateSenate Committee Amendment No. 1 Postponed - Higher Education 4/13/2021SenateSenate Committee Amendment No. 2 Adopted 4/14/2021SenateDo Pass as Amended Higher Education; 012-000-000 4/14/2021SenatePlaced on Calendar Order of 2nd Reading April 15, 2021 4/14/2021SenateAdded as Co-Sponsor Sen. Robert Peters 4/14/2021SenateAdded as Co-Sponsor Sen. Karina Villa 4/14/2021SenateAdded as Co-Sponsor Sen. Adriane Johnson 4/15/2021SenateAdded as Co-Sponsor Sen. Bill Cunningham 4/16/2021SenateAdded as Co-Sponsor Sen. Rachelle Crowe 4/16/2021SenateAdded as Co-Sponsor Sen. Sara Feigenholtz 4/16/2021SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments 4/20/2021SenateAdded as Co-Sponsor Sen. Melinda Bush 4/21/2021SenateAdded as Co-Sponsor Sen. Linda Holmes 4/21/2021SenateSecond Reading 4/21/2021SenatePlaced on Calendar Order of 3rd Reading ** April 22, 2021 4/21/2021SenateAdded as Co-Sponsor Sen. Mike Simmons 4/22/2021SenateAdded as Co-Sponsor Sen. Robert F. Martwick 4/23/2021SenateThird Reading - Passed; 058-000-000 4/26/2021HouseArrived in House 4/27/2021HouseChief House Sponsor Rep. Kambium Buckner 4/27/2021HouseFirst Reading 4/27/2021HouseReferred to Rules Committee 4/27/2021HouseAlternate Chief Sponsor Changed to Rep. Michael J. Zalewski 4/28/2021HouseAdded Alternate Chief Co-Sponsor Rep. Kambium Buckner 4/28/2021HouseAdded Alternate Chief Co-Sponsor Rep. Joyce Mason 4/28/2021HouseAdded Alternate Co-Sponsor Rep. Carol Ammons 4/28/2021HouseAdded Alternate Co-Sponsor Rep. Katie Stuart 4/28/2021HouseAdded Alternate Co-Sponsor Rep. Barbara Hernandez 4/28/2021HouseAdded Alternate Co-Sponsor Rep. Jonathan Carroll 5/4/2021HouseAdded Alternate Chief Co-Sponsor Rep. Jaime M. Andrade, Jr. 5/4/2021HouseAssigned to Higher Education Committee 5/5/2021HouseAdded Alternate Co-Sponsor Rep. Maurice A. West, II 5/12/2021HouseDo Pass / Consent Calendar Higher Education Committee; 010-000-000 5/13/2021HousePlaced on Calendar 2nd Reading - Consent Calendar 5/18/2021HouseAdded Alternate Co-Sponsor Rep. Elizabeth Hernandez 5/24/2021HouseSecond Reading - Consent Calendar 5/24/2021HouseHeld on Calendar Order of Second Reading - Consent Calendar 5/25/2021HouseAdded Alternate Co-Sponsor Rep. Janet Yang Rohr 5/25/2021HousePlaced on Calendar Order of 3rd Reading - Consent Calendar 5/26/2021HouseThird Reading - Consent Calendar - First Day 5/27/2021HouseAdded Alternate Co-Sponsor Rep. Dagmara Avelar 5/27/2021HouseThird Reading - Consent Calendar - Passed 116-000-000 5/27/2021SenatePassed Both Houses 6/4/2021SenateAdded as Co-Sponsor Sen. Cristina H. Pacione-Zayas 6/25/2021SenateSent to the Governor 8/6/2021SenateGovernor Approved 8/6/2021SenateEffective Date August 6, 2021 8/6/2021SenatePublic Act . . . . . . . . . 102-0298