Illinois General Assembly - Bill Status for HB4854
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 Bill Status of HB4854  96th General Assembly


Short Description:  PAWNBROKER-TEMPORARY BUSINESS

House Sponsors
Rep. Jack D. Franks - Robert Rita - Linda Chapa LaVia - Michael W. Tryon

Senate Sponsors
(Sen. Pamela J. Althoff)

Last Action
DateChamber Action
  7/14/2010HousePublic Act . . . . . . . . . 96-1038

Statutes Amended In Order of Appearance
205 ILCS 510/0.05
205 ILCS 510/5from Ch. 17, par. 4655
205 ILCS 510/6from Ch. 17, par. 4656
205 ILCS 510/7.5
205 ILCS 510/15 new


Synopsis As Introduced
Amends the Pawnbroker Regulation Act. Changes references from the Commissioner of Banks and Real Estate to the Secretary of Financial and Professional Regulation. Provides that an unregistered pawnbroker that seeks to conduct business at a temporary sales location in the State must comply with specified requirements, including (1) registration with the with sheriff of the county at least 30 days prior to its intention to conduct transactions in that county, (2) the submission of detailed transaction records, which must include purchaser, seller, and inventory information, and (3) payment of a registration fee to the sheriff of the county in which it seeks to conduct business. Provides that the Department of Financial and Professional Regulation may adopt rules necessary for administration of specified provisions. Effective immediately.

House Committee Amendment No. 1
Deletes reference to:
205 ILCS 510/0.05
205 ILCS 510/5from Ch. 17, par. 4655
205 ILCS 510/6from Ch. 17, par. 4656
205 ILCS 510/7.5

Replaces everything after the enacting clause. Reinserts the contents of the introduced bill with the following changes. Removes language that changes references from the Commissioner of Banks and Real Estate to the Secretary of Financial and Professional Regulation. Changes references from "temporary sales location" to "temporary buying location" and redefines that term as a location used by an unregistered buyer, including, but not limited to, hotels and motels. Changes references from "unregistered pawnbroker" to "unregistered buyer" and redefines that term to mean an individual business, or an agent of an individual business, engaged in the business of purchasing from the public, scrap precious metals, including, but not limited to, jewelry, precious stones, semi-precious stones, coins, silver, gold, and platinum, that conducts transactions at a temporary buying location but is not registered under the Act. Provides that an unregistered buyer must submit by 6 a.m. each day to the sheriff of the county in which he or she is located detailed transaction records for the previous day, which must include purchaser, seller, and inventory information pursuant specified provisions (instead of not specifying which provision). Removes language that provides that the Department of Financial and Professional Regulation may adopt rules necessary for administration of specified provisions. Effective immediately.

House Floor Amendment No. 2
Adds reference to:
205 ILCS 510/0.05
205 ILCS 510/5from Ch. 17, par. 4655
205 ILCS 510/6from Ch. 17, par. 4656
205 ILCS 510/7.5

Replaces everything after the enacting clause. Amends the Pawnbroker Regulation Act. Changes references from the Commissioner of Banks and Real Estate to the Secretary of Financial and Professional Regulation. Provides that an unregistered buyer that seeks to conduct business at a temporary buying location in this State must comply with specified requirements, including (1) an unregistered buyer must register with the sheriff of the county at least 30 days prior to its intention to conduct transactions in that county, (2) an unregistered buyer must submit by 6 a.m. each day to the sheriff of the county in which he or she is located detailed transaction records for the previous day, which must include purchaser, seller, and inventory information pursuant to specified provisions, and (3) and unregistered buyer must pay a registration fee to the sheriff of the county in which it seeks to conduct business. Provides that the Department of Financial and Professional Regulation may adopt rules necessary for administration of specified provisions, which must include a fee schedule for counties to follow. Effective immediately.

Actions 
DateChamber Action
  1/13/2010HouseFiled with the Clerk by Rep. Jack D. Franks
  1/15/2010HouseFirst Reading
  1/15/2010HouseReferred to Rules Committee
  1/27/2010HouseReferred to Business & Occupational Licenses Committee
  2/4/2010HouseHouse Committee Amendment No. 1 Filed with Clerk by Business & Occupational Licenses Committee
  2/4/2010HouseHouse Committee Amendment No. 1 Adopted in Business & Occupational Licenses Committee; by Voice Vote
  2/4/2010HouseDo Pass as Amended / Short Debate Business & Occupational Licenses Committee; 010-000-000
  2/4/2010HousePlaced on Calendar 2nd Reading - Short Debate
  2/4/2010HouseAdded Chief Co-Sponsor Rep. Robert Rita
  2/4/2010HouseAdded Chief Co-Sponsor Rep. Linda Chapa LaVia
  2/10/2010HouseSecond Reading - Short Debate
  2/10/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate
  2/10/2010HouseAdded Chief Co-Sponsor Rep. Michael W. Tryon
  2/10/2010HouseAdded Chief Co-Sponsor Rep. Keith Farnham
  2/17/2010HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Jack D. Franks
  2/17/2010HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  2/18/2010HouseRecalled to Second Reading - Short Debate
  2/18/2010HouseHeld on Calendar Order of Second Reading - Short Debate
  2/23/2010HouseHouse Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 003-002-000
  2/23/2010HouseRemove Chief Co-Sponsor Rep. Keith Farnham
  3/2/2010HouseSecond Reading - Short Debate
  3/2/2010HouseHouse Floor Amendment No. 2 Adopted by Voice Vote
  3/2/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/4/2010HouseThird Reading - Short Debate - Passed 095-016-000
  3/9/2010SenateArrive in Senate
  3/9/2010SenatePlaced on Calendar Order of First Reading
  3/9/2010SenateChief Senate Sponsor Sen. Pamela J. Althoff
  3/9/2010SenateFirst Reading
  3/9/2010SenateReferred to Assignments
  4/6/2010SenateAssigned to Licensed Activities
  4/15/2010SenateDo Pass Licensed Activities; 008-000-000
  4/15/2010SenatePlaced on Calendar Order of 2nd Reading April 20, 2010
  4/21/2010SenateSecond Reading
  4/21/2010SenatePlaced on Calendar Order of 3rd Reading April 22, 2010
  4/27/2010SenateThird Reading - Passed; 054-000-000
  4/27/2010HousePassed Both Houses
  5/26/2010HouseSent to the Governor
  7/14/2010HouseGovernor Approved
  7/14/2010HouseEffective Date July 14, 2010
  7/14/2010HousePublic Act . . . . . . . . . 96-1038

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