92nd General Assembly
Status of HB2543
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 Full Text  Bill Summary

   205 ILCS 510/0.05                                                           
   205 ILCS 510/5            from Ch. 17, par. 4655                            
   205 ILCS 510/6            from Ch. 17, par. 4656                            
   205 ILCS 510/11           from Ch. 17, par. 4661                            

        Amends the Pawnbroker Regulation Act. Authorizes the Commissioner      
   by Banks and Real Estate to obtain an injunction to enforce  the  Act.      
   Removes  the  requirement  that the Commissioner have cause to believe      
   that unlawful activity is occurring before examining the affairs of  a      
   pawnshop.  Requires  pawnbrokers  to  record  the serial number of all      
   items pledged, not only  those  required  to  bear  a  serial  number.      
   Authorizes  the  Commissioner  to inspect the records of a pawnbroker.      
   Requires records to be maintained for 3 years. Increases the penalties      
   for operating a pawnshop without a license. Effective immediately.          
   FEB-26-2001  H  FILED WITH CLERK                                               
   FEB-27-2001  H  FIRST READING                                                  
   FEB-27-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-28-2001  H  MOTION FILED                             PURSUANT TO HOUSE     
   FEB-28-2001  H                                           RULE 60(B), I MOVE    
   FEB-28-2001  H                                           TO TABLE HB 2543      
   FEB-28-2001  H                                           -SAVIANO              
   FEB-28-2001  H  MOTION PREVAILED                                               
   FEB-28-2001  H  TABLED BY SPONSOR                                      HRUL    


 Full Text  Bill Summary