# Illinois SB2457: COLLECTION AGENCY ACT Illinois SB2457, COLLECTION AGENCY ACT, is a 104th General Assembly (2025–2026) Senate bill sponsored by Mark L. Walker (Democratic); status signed, last action 2025-08-01 (Public Act . . . . . . . . . 104-0149); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/IL-SB2457-2025-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Illinois SB2457 - State: Illinois - Session: 104th General Assembly (2025–2026) - Title: COLLECTION AGENCY ACT - Status: signed - Chamber: Senate - Introduced: 2025-02-07 - Last action: 2025-08-01, Public Act . . . . . . . . . 104-0149 - Sponsor: Mark L. Walker (Democratic) - Cosponsors: 4 - Subjects: assignments, financial institutions, financial institutions and licensing - Touches household money: yes - Roll calls: 5 (197 yes, 0 no in all) - Economic provisions PRIA read: 4 ## Summary Amends the Regulatory Sunset Act. Removes the Collection Agency Act from the list of Acts being repealed under the Act. Amends the Collection Agency Act. Makes changes concerning defined terms; exempt persons and entities under the Act; unlicensed practice; disciplinary actions; communication; informal conferences; penalties; investigations; the record of hearing; oaths; findings and recommendations; hearings; orders; and returned payments. Provides that the fee rate a collection agency can charge may be modified by rule to not less than 25% of the amount of child support actually collected by the collection agency but not greater than 35%. Repeals provisions concerning the Collection Agency Licensing and Disciplinary Board and provisions concerning when a person acts as a collection agency. Makes other changes. ## Bill overview: provisions PRIA read - More privacy for debtors with lawyers: benefit, low. Collection agencies and debt buyers face limits when seeking a consumer debtor’s location from other people. They cannot make those contacts once they know a lawyer represents the debtor for that debt. This applies when they know, or can readily find, the lawyer’s name and address. Contacts are all… - Debt collection oversight continues and gains tools: benefit, low. The law removes the Collection Agency Act’s scheduled January 1, 2026 repeal, keeping the Act in force beyond that date. Illinois financial regulators can investigate and periodically examine applicants, collection service providers, and people holding or claiming a license. They can also reprimand… - More debt collection falls under state rules: benefit, low. The law covers regularly collecting others’ debts, buying debt, and collecting payments returned unpaid by a financial institution. It also covers certain debt assignments involving someone who owns or controls at least 20% of the recipient. Covered activities include supplying materials that sugge… - Unlicensed debt collectors face faster, tougher penalties: cost, low. Practicing or offering collection services without a license, or with a suspended, revoked, or expired license, carries criminal penalties. An initial offense is a Class A misdemeanor; the law also covers Act violations without another specified penalty. A new violation after a prior Act conviction… ## Sponsors and cosponsors - Sponsor: Mark L. Walker (Democratic), Senate - Cosponsor: Graciela Guzmán (Democratic), Senate - Cosponsor: Karina Villa (Democratic), Senate - Cosponsor: Margaret Croke (Democratic), House - Cosponsor: Mary Edly-Allen (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-05-22 | House | Third Reading - Short Debate - Passed | pass | 113 | 0 | | | 2025-04-29 | House | Do Pass / Short Debate Financial Institutions and Licensing Committee; | pass | 12 | 0 | | | 2025-04-09 | Senate | Third Reading - Passed; | pass | 56 | 0 | | | 2025-04-03 | Senate | Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; | pass | 8 | 0 | | | 2025-03-19 | Senate | Do Pass as Amended Financial Institutions; | pass | 8 | 0 | | ## Actions (38) - 2025-08-01: Public Act . . . . . . . . . 104-0149 (Senate) - 2025-08-01: Effective Date January 1, 2026 (Senate) - 2025-08-01: Governor Approved (Senate) - 2025-06-20: Sent to the Governor (Senate) - 2025-05-22: Passed Both Houses (Senate) - 2025-05-22: Third Reading - Short Debate - Passed 113-000-000 (House) - 2025-05-14: Placed on Calendar Order of 3rd Reading - Short Debate (House) - 2025-05-14: Second Reading - Short Debate (House) - 2025-05-13: Added as Co-Sponsor Sen. Mary Edly-Allen (Senate) - 2025-04-30: Placed on Calendar 2nd Reading - Short Debate (House) - 2025-04-29: Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000 (House) - 2025-04-17: Assigned to Financial Institutions and Licensing Committee (House) - 2025-04-09: Referred to Rules Committee (House) - 2025-04-09: First Reading (House) - 2025-04-09: Chief House Sponsor Rep. Margaret Croke (House) - 2025-04-09: Arrived in House (House) - 2025-04-09: Third Reading - Passed; 056-000-000 (Senate) - 2025-04-09: Placed on Calendar Order of 3rd Reading (Senate) - 2025-04-04: Placed on Calendar Order of 3rd Reading ** (Senate) - 2025-04-04: Added as Chief Co-Sponsor Sen. Graciela Guzmán (Senate) - 2025-04-03: Placed on Calendar Order of 3rd Reading April 4, 2025 (Senate) - 2025-04-03: Senate Floor Amendment No. 2 Adopted; Walker (Senate) - 2025-04-03: Second Reading (Senate) - 2025-04-03: Senate Floor Amendment No. 2 Recommend Do Adopt Financial Institutions; 008-000-000 (Senate) - 2025-04-01: Senate Floor Amendment No. 2 Assignments Refers to Financial Institutions (Senate) - 2025-04-01: Senate Floor Amendment No. 2 Referred to Assignments (Senate) - 2025-04-01: Senate Floor Amendment No. 2 Filed with Secretary by Sen. Mark L. Walker (Senate) - 2025-03-19: Placed on Calendar Order of 2nd Reading March 20, 2025 (Senate) - 2025-03-19: Do Pass as Amended Financial Institutions; 008-000-000 (Senate) - 2025-03-19: Senate Committee Amendment No. 1 Adopted (Senate) - 2025-03-18: Added as Co-Sponsor Sen. Karina Villa (Senate) - 2025-03-18: Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions (Senate) - 2025-03-17: Senate Committee Amendment No. 1 Referred to Assignments (Senate) - 2025-03-17: Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker (Senate) - 2025-03-04: Assigned to Financial Institutions (Senate) - 2025-02-07: Referred to Assignments (Senate) - 2025-02-07: First Reading (Senate) - 2025-02-07: Filed with Secretary by Sen. Mark L. Walker (Senate) ## Bill text - Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457eng.pdf) - Enrolled: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457enr.pdf) - Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457.pdf) - Senate Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457sam001.pdf) - Senate Amendment 2: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457sam002.pdf) ## Related bills - HB5198: AFFORDABLE HOUSING-CILAS (passed house) - SB1937: PENSION CODE-VARIOUS (passed senate) - HB2563: CONDO-RESERVE STUDY (in committee) - HB4701: LIMITATIONS FACILITY FEES ACT (in committee) - SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate) - SB3484: VEH CD-PLATES-REGISTRATION (signed) ## Sources - [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457eng.pdf) - [Enrolled (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457enr.pdf) - [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457.pdf) - [Senate Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457sam001.pdf) - [Senate Amendment 2 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB2457sam002.pdf) ## Related - [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026) - [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026) - [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026) - [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026) - [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026) - [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026) - [Illinois bills](https://policyrisk.com/states/illinois/bills) - [Illinois state hub](https://policyrisk.com/states/illinois) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/IL-SB2457-2025-2026 (as of 2026-11-01).