Bill Status of SB 2144   94th General Assembly


Short Description:  REGULATION-COLLATERAL RECOVERY

Senate Sponsors
Sen. Mike Jacobs-Todd Sieben

Last Action  View All Actions

DateChamber Action
  6/4/2006SenatePursuant to Senate Rule 3-9(b) / Referred to Rules

Statutes Amended In Order of Appearance
New Act

Synopsis As Introduced
Creates the Collateral Recovery Act. Provides for the licensure of repossession agencies, the certification of recovery managers, and the registration of repossession agency employees. Establishes the Illinois Repossession and Recovery Board. Grants rulemaking authority to the Department of Financial and Professional Regulation. Sets forth provisions concerning qualifications, application, examination, assignment, insurance requirements, and administrative proceedings. Prohibits recovery work on a contingency basis.

Actions 
DateChamber Action
  10/26/2005SenateFiled with Secretary by Sen. Mike Jacobs
  10/26/2005SenateFirst Reading
  10/26/2005SenateReferred to Rules
  1/12/2006SenateAssigned to Licensed Activities
  1/18/2006SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Mike Jacobs
  1/18/2006SenateSenate Committee Amendment No. 1 Referred to Rules
  1/19/2006SenateAdded as Chief Co-Sponsor Sen. Todd Sieben
  1/31/2006SenateSenate Committee Amendment No. 1 Rules Refers to Licensed Activities
  1/31/2006SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Mike Jacobs
  1/31/2006SenateSenate Committee Amendment No. 2 Referred to Rules
  2/1/2006SenateSenate Committee Amendment No. 2 Rules Refers to Licensed Activities
  2/1/2006SenateSenate Committee Amendment No. 1 Held in Licensed Activities
  2/1/2006SenateSenate Committee Amendment No. 2 Held in Licensed Activities
  2/1/2006SenateHeld in Licensed Activities
  2/7/2006SenateSenate Committee Amendment No. 3 Filed with Secretary by Sen. Mike Jacobs
  2/7/2006SenateSenate Committee Amendment No. 3 Referred to Rules
  2/8/2006SenateSenate Committee Amendment No. 4 Filed with Secretary by Sen. Mike Jacobs
  2/8/2006SenateSenate Committee Amendment No. 4 Referred to Rules
  2/8/2006SenateSenate Committee Amendment No. 3 Rules Refers to Licensed Activities
  2/8/2006SenateSenate Committee Amendment No. 4 Rules Refers to Licensed Activities
  2/8/2006SenateSenate Committee Amendment No. 5 Filed with Secretary by Sen. Mike Jacobs
  2/8/2006SenateSenate Committee Amendment No. 5 Referred to Rules
  2/8/2006SenateSenate Committee Amendment No. 1 Held in Licensed Activities
  2/8/2006SenateSenate Committee Amendment No. 2 Held in Licensed Activities
  2/8/2006SenateSenate Committee Amendment No. 3 Held in Licensed Activities
  2/8/2006SenateSenate Committee Amendment No. 4 Held in Licensed Activities
  2/8/2006SenateHeld in Licensed Activities
  2/10/2006SenateSenate Committee Amendment No. 6 Filed with Secretary by Sen. Mike Jacobs
  2/10/2006SenateSenate Committee Amendment No. 6 Referred to Rules
  2/14/2006SenateSenate Committee Amendment No. 6 Rules Refers to Licensed Activities
  2/15/2006SenateSenate Committee Amendment No. 7 Filed with Secretary by Sen. Mike Jacobs
  2/15/2006SenateSenate Committee Amendment No. 7 Referred to Rules
  2/16/2006SenateSenate Committee Amendment No. 1 Held in Licensed Activities
  2/16/2006SenateSenate Committee Amendment No. 2 Held in Licensed Activities
  2/16/2006SenateSenate Committee Amendment No. 3 Held in Licensed Activities
  2/16/2006SenateSenate Committee Amendment No. 4 Held in Licensed Activities
  2/16/2006SenateSenate Committee Amendment No. 6 Held in Licensed Activities
  2/16/2006SenateDo Pass Licensed Activities; 005-002-001
  2/16/2006SenatePlaced on Calendar Order of 2nd Reading February 22, 2006
  2/17/2006SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Rules
  2/17/2006SenateSenate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Rules
  2/17/2006SenateSenate Committee Amendment No. 3 Rule 3-9(a) / Re-referred to Rules
  2/17/2006SenateSenate Committee Amendment No. 4 Rule 3-9(a) / Re-referred to Rules
  2/17/2006SenateSenate Committee Amendment No. 6 Rule 3-9(a) / Re-referred to Rules
  6/4/2006SenatePursuant to Senate Rule 3-9(b) / Referred to Rules

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