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Public Act 098-0934 |
HB5845 Enrolled | LRB098 15789 ZMM 50822 b |
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AN ACT concerning regulation.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Pawnbroker Regulation Act is amended by
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adding Section 20 as follows: |
(205 ILCS 510/20) |
(Section scheduled to be repealed on December 31, 2014) |
Sec. 20. Precious Metal Purchasers Task Force. |
(a) The General Assembly finds: |
(1) There has been, and continues to be, a significant |
expansion in the volume of precious metals and jewelry sold |
through pawnbrokers, auction services, for-profit |
consignment sellers, and other resellers. |
(2) There has been, and continues to be, a similar |
increase in the volume of stolen precious metals and |
jewelry. |
(3) Access by law enforcement to sales-related |
information generated by pawnbrokers, auction services, |
for-profit consignment sellers, and other resellers has |
always been an important tool in combating burglary, |
robbery, theft, and other crimes directed at personal |
property. |
(4) Recent advances in electronic data collection and |
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compilation have greatly simplified both the reporting of |
sales-related information by pawnbrokers, auction |
services, for-profit consignment sellers, and other |
resellers. |
(5) Law enforcement agencies, pawnbrokers, auction |
services, for-profit consignment sellers, resellers, and |
information technology-related businesses in several |
states have created differing systems to provide law |
enforcement with timely access to sales-related |
information.
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(b) There is hereby created the Precious Metal Purchasers |
Task Force, consisting of members appointed as follows:
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(1) two members from the Senate, one appointed by the |
Senate President and one appointed by the Minority Leader; |
(2) two members from the House of Representatives, one |
appointed by the Speaker of the House and one appointed by |
the Minority Leader; |
(3) one member appointed by the Governor as chairperson |
of the task force; |
(4) one member appointed by the Secretary of State; |
(5) one member appointed by the Attorney General; |
(6) one member appointed by the Secretary of Financial |
and Professional Regulation from the Department of |
Financial and Professional Regulation; |
(7) one member appointed by the Director of State |
Police from the Department of State Police; |
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(8) one member from a statewide organization |
representing the Chiefs of Police appointed by the |
Governor; |
(9) one member recommended by the Illinois Municipal |
League and appointed by the Governor; |
(10) one member of an association representing the |
interests of pawnbrokers appointed by the Governor; |
(11) one member representing the interests of |
for-profit consignment shops appointed by the Governor; |
(12) one member representing the interests of the |
insurance industry with a strong vested interest in |
stopping theft and recovering stolen goods appointed by the |
Governor; |
(13) two members representing the interests of the |
general public appointed by the Governor; |
(14) one member representing the interests of the scrap |
recycling industry appointed by the Governor; |
(15) one member of a statewide association exclusively |
representing retailers appointed by the Governor; and |
(16) one member of an association representing |
numismatic shops appointed by the Governor. |
All members appointed under this Section shall serve |
without compensation, and may be reimbursed for their |
reasonable and necessary expenses from funds appropriated from |
the Pawnbroker Regulation Fund. |
(c) The task force shall study the various systems, |
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technologies, and methods of operation for providing law |
enforcement with the timely access to information relating to |
the sales of precious metals and jewelry by pawnbrokers, |
auction sellers, for-profit consignment sellers, resellers, |
and other persons or entities as it may deem fit, including, |
but not limited to, providers of technology and services |
relating to the collection, compilation, storage, and access to |
such information. |
(d) The Department of Financial and Professional |
Regulation shall provide any necessary administrative and |
other support to the task force. |
(e) On or before December 31, 2014 2013 , the task force |
shall file and present a report to the General Assembly |
concerning its recommendations regarding the systems and |
technologies, together with their usage and potential funding |
mechanisms and sources, to be implemented to create a statewide |
system for the collection of information of the sales of |
precious metals and jewelry by pawnbrokers, auction services, |
for-profit consignment sellers, and other resellers, and for |
the compilation, storage, and timely access to that information |
by law enforcement and shall include proposed legislation to |
implement its recommendations, if needed. |
(f) This Section is repealed on June 30, 2015 December 31, |
2014 .
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(Source: P.A. 98-68, eff. 7-15-13.) |
Section 99. Effective date. This Act takes effect upon |