An Illinois public act, reflecting changes to the Collection Agency Act, was published November 10, 2026, detailing revised board requirements and mandates for annual meetings with industry representatives.
What changed
References to the licensing/disciplinary board were removed, and new meeting requirements were established.
Compliance perspective
Agencies must comply with new meeting obligations under the modified Collection Agency Act.
Key date
Effective date: January 1, 2026.
Need help keeping up with these changes?
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