(a) The fees for the administration and enforcement of this Act, including but not limited to original licensure, renewal, and restoration, shall be set by the Department by rule. All fees are nonrefundable. (b) All fees collected under this Act by the Department shall be deposited into the Financial Institution Fund and shall be appropriated to the Department for the ordinary and contingent expenses of the Department in the administration of this Act. After the effective date of this amendatory Act of the 102nd General Assembly, the Department may transfer any funds collected under this Act from the General Professions Dedicated Fund to the Financial Institution Fund. (c) The administration fee charged by the multi-state licensing system shall be paid directly to the multi-state licensing system.
205 ILCS 740/8a
Fees
Known as the Collection Agency Act
The act spans §§ 205-740-1 to 205-740-9-7 (61 sections).
P.A. 102-205, eff. 7-30-21; 102-975, eff. 1-1-23.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.