Date	Chamber	Action
1/13/2009	Senate	Session Sine Die

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 

Date	Chamber	Action
1/31/2007	Senate	Filed with Secretary by Sen. Mike Jacobs
1/31/2007	Senate	First Reading
1/31/2007	Senate	Referred to Rules
2/7/2007	Senate	Assigned to Licensed Activities
2/21/2007	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mike Jacobs
2/21/2007	Senate	Senate Committee Amendment No. 1 Referred to Rules
3/1/2007	Senate	Senate Committee Amendment No. 2 Filed with Secretary by Sen. Mike Jacobs
3/1/2007	Senate	Senate Committee Amendment No. 2 Referred to Rules
3/16/2007	Senate	Rule 3-9(a) / Re-referred to Rules
9/4/2007	Senate	Added as Chief Co-Sponsor Sen. William R. Haine
6/20/2008	Senate	Added as Chief Co-Sponsor Sen. Randall M. Hultgren
1/13/2009	Senate	Session Sine Die

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