Illinois General Assembly - Bill Status for HB 4854

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.

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.

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.

Date	Chamber	Action
7/14/2010	House	Public Act . . . . . . . . . 96-1038

Date	Chamber	Action
1/13/2010	House	Filed with the Clerk by Rep. Jack D. Franks
1/15/2010	House	First Reading
1/15/2010	House	Referred to Rules Committee
1/27/2010	House	Referred to Business & Occupational Licenses Committee
2/4/2010	House	House Committee Amendment No. 1 Filed with Clerk by Business & Occupational Licenses Committee
2/4/2010	House	House Committee Amendment No. 1 Adopted in Business & Occupational Licenses Committee; by Voice Vote
2/4/2010	House	Do Pass as Amended / Short Debate Business & Occupational Licenses Committee; 010-000-000
2/4/2010	House	Placed on Calendar 2nd Reading - Short Debate
2/4/2010	House	Added Chief Co-Sponsor Rep. Robert Rita
2/4/2010	House	Added Chief Co-Sponsor Rep. Linda Chapa LaVia
2/10/2010	House	Second Reading - Short Debate
2/10/2010	House	Placed on Calendar Order of 3rd Reading - Short Debate
2/10/2010	House	Added Chief Co-Sponsor Rep. Michael W. Tryon
2/10/2010	House	Added Chief Co-Sponsor Rep. Keith Farnham
2/17/2010	House	House Floor Amendment No. 2 Filed with Clerk by Rep. Jack D. Franks
2/17/2010	House	House Floor Amendment No. 2 Referred to Rules Committee
2/18/2010	House	Recalled to Second Reading - Short Debate
2/18/2010	House	Held on Calendar Order of Second Reading - Short Debate
2/23/2010	House	House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 003-002-000
2/23/2010	House	Remove Chief Co-Sponsor Rep. Keith Farnham
3/2/2010	House	Second Reading - Short Debate
3/2/2010	House	House Floor Amendment No. 2 Adopted by Voice Vote
3/2/2010	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/4/2010	House	Third Reading - Short Debate - Passed 095-016-000
3/9/2010	Senate	Arrive in Senate
3/9/2010	Senate	Placed on Calendar Order of First Reading
3/9/2010	Senate	Chief Senate Sponsor Sen. Pamela J. Althoff
3/9/2010	Senate	First Reading
3/9/2010	Senate	Referred to Assignments
4/6/2010	Senate	Assigned to Licensed Activities
4/15/2010	Senate	Do Pass Licensed Activities; 008-000-000
4/15/2010	Senate	Placed on Calendar Order of 2nd Reading April 20, 2010
4/21/2010	Senate	Second Reading
4/21/2010	Senate	Placed on Calendar Order of 3rd Reading April 22, 2010
4/27/2010	Senate	Third Reading - Passed; 054-000-000
4/27/2010	House	Passed Both Houses
5/26/2010	House	Sent to the Governor
7/14/2010	House	Governor Approved
7/14/2010	House	Effective Date July 14, 2010
7/14/2010	House	Public Act . . . . . . . . . 96-1038

	Deletes reference to:
	205 ILCS 510/0.05

	Adds reference to:
	205 ILCS 510/0.05