Illinois General Assembly - Bill Status for HB6181
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 Bill Status of HB6181  96th General Assembly


House Sponsors
Rep. Kevin Joyce

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 153/5
215 ILCS 153/40 new
215 ILCS 153/45 new
215 ILCS 153/50 new
215 ILCS 153/55 new
215 ILCS 153/60 new
215 ILCS 153/65 new
215 ILCS 153/70 new
215 ILCS 153/75 new
215 ILCS 153/80 new

Synopsis As Introduced
Amends the Structured Settlement Protection Act. In the provision concerning definitions, adds definitions of "Director" and "Division". Sets forth provisions concerning transferee licensure requirements, qualifications, renewal, revocation and suspension, and examination; the display of licenses; and injunction and review with regard to licensure complaints. Provides that it shall be unlawful for any person to operate as, advertise as, or solicit transfers as a transferee without first having obtained a license. Provides that every applicant shall submit a bond, in which the applicant shall be the obligor, in the sum of $125,000 or an additional amount at the time of the application for a license. Makes other changes.

DateChamber Action
  2/11/2010HouseFiled with the Clerk by Rep. Kevin Joyce
  2/11/2010HouseFirst Reading
  2/11/2010HouseReferred to Rules Committee
  2/23/2010HouseAssigned to Judiciary I - Civil Law Committee
  3/15/2010HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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