ILCS » Chapter 815 · Act 151
Illinois Compiled Statutes

815 ILCS 151/150-1 (2026)

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✓ current as of May 2026
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(815 ILCS 151/150-1)
    Sec. 150-1. Short title. This Article may be cited as the Interchange Fee Prohibition Act. References in this Article to "this Act" mean this Article.
(Source: P.A. 103-592, eff. 7-1-25; 104-417, eff. 8-15-25.)

    
Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2025–2025 · leading case: Illinois Bankers Ass'n v. Raoul (N.D. Ill. 2025).
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Illinois Bankers Ass'n v. Raoul (N.D. Ill. 2025). · cites it 2× “24 at 1); 815 ILCS 151/150-1 et seq. The IFPA, which is scheduled to take effect July 1, 2025, will limit (i) the amount financial institutions can charge in interchange fees and (ii) how companies can use consumer data.”
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