Illinois legislation · 104th General Assembly
Illinois SB2822: DIGITAL PURCHASE DISCLOSURES
Status: In committee, October 27, 2026
Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that it is an unlawful practice for a seller of a digital good to offer for sale or advertise a digital good to a consumer using the terms "buy" or "purchase" or any other term that a reasonable person would understand to confer an unrestricted ownership interest in that digital good unless specified disclosures are made by the seller. Sets forth exemptions to the provision.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB2822Introduced 1/13/2026, by Sen. Steve StadelmanSYNOPSIS AS INTRODUCED: ILCS 505/2MMMM new 815 ILCS 505/2MMMM new ILCS 505/2MMMM new Amends the Consumer Fraud and Deceptive Business Practices Act.Provides that it is an unlawful practice for a seller of a digital good tooffer for sale or advertise a digital good to a consumer using the terms"buy" or "purchase" or any other term that a reasonable person wouldunderstand to confer an unrestricted ownership interest in that digitalgood unless specified disclosures are made by the s…
From the introduced text, January 13, 2026:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026SB2822Introduced 1/13/2026, by Sen. Steve StadelmanSYNOPSIS AS INTRODUCED: ILCS 505/2MMMM new 815 ILCS 505/2MMMM new ILCS 505/2MMMM new Amends the Consumer Fraud and Deceptive Business Practices Act.Provides that it is an unlawful practice for a seller of a digital good tooffer for sale or advertise a digital good to a consumer using the terms"buy" or "purchase" or any other term that a reasonable person wouldunderstand to confer an unrestricted ownership interest in that digitalgood unless specified disclosures are made by the seller. Sets forthexemptions to the provision. LRB104 16965 SPS 30379 b LRB104 16965 SPS 30379 b LRB104 16965 SPS 30379 b A BILL FOR SB2822LRB104 16965 SPS 30379 b SB2822 LRB104 16965 SPS 30379 b SB2822 LRB104 16965 SPS 30379 b AN ACT concerning business. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 5.The Consumer Fraud and Deceptive Business Practices Act is amended by adding Section 2MMMM as follows: (815 ILCS 505/2MMMM new) [ADDED: Sec. 2MMMM. ][ADDED: Digital purchase disclosures.] [ADDED: (a) As used in this Section:] [ADDED: "Blockchain-based asset" means a digital good whose ] [ADDED: ownership and access are verified through a decentralized ] [ADDED: ledger technology and that cannot be unilaterally revoked or ] [ADDED: altered …