Full Text of HB3359 98th General Assembly
HB3359enr 98TH GENERAL ASSEMBLY |
| | HB3359 Enrolled | | LRB098 09667 MGM 39813 b |
|
| 1 | | AN ACT concerning regulation.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Pawnbroker Regulation Act is amended by
| 5 | | adding Section 20 as follows: | 6 | | (205 ILCS 510/20 new) | 7 | | Sec. 20. Precious Metal Purchasers Task Force. | 8 | | (a) The General Assembly finds: | 9 | | (1) There has been, and continues to be, a significant | 10 | | expansion in the volume of precious metals and jewelry sold | 11 | | through pawnbrokers, auction services, for-profit | 12 | | consignment sellers, and other resellers. | 13 | | (2) There has been, and continues to be, a similar | 14 | | increase in the volume of stolen precious metals and | 15 | | jewelry. | 16 | | (3) Access by law enforcement to sales-related | 17 | | information generated by pawnbrokers, auction services, | 18 | | for-profit consignment sellers, and other resellers has | 19 | | always been an important tool in combating burglary, | 20 | | robbery, theft, and other crimes directed at personal | 21 | | property. | 22 | | (4) Recent advances in electronic data collection and | 23 | | compilation have greatly simplified both the reporting of |
| | | HB3359 Enrolled | - 2 - | LRB098 09667 MGM 39813 b |
|
| 1 | | sales-related information by pawnbrokers, auction | 2 | | services, for-profit consignment sellers, and other | 3 | | resellers. | 4 | | (5) Law enforcement agencies, pawnbrokers, auction | 5 | | services, for-profit consignment sellers, resellers, and | 6 | | information technology-related businesses in several | 7 | | states have created differing systems to provide law | 8 | | enforcement with timely access to sales-related | 9 | | information.
| 10 | | (b) There is hereby created the Precious Metal Purchasers | 11 | | Task Force, consisting of members appointed as follows:
| 12 | | (1) two members from the Senate, one appointed by the | 13 | | Senate President and one appointed by the Minority Leader; | 14 | | (2) two members from the House of Representatives, one | 15 | | appointed by the Speaker of the House and one appointed by | 16 | | the Minority Leader; | 17 | | (3) one member appointed by the Governor as chairperson | 18 | | of the task force; | 19 | | (4) one member appointed by the Secretary of State; | 20 | | (5) one member appointed by the Attorney General; | 21 | | (6) one member appointed by the Secretary of Financial | 22 | | and Professional Regulation from the Department of | 23 | | Financial and Professional Regulation; | 24 | | (7) one member appointed by the Director of State | 25 | | Police from the Department of State Police; | 26 | | (8) one member from a statewide organization |
| | | HB3359 Enrolled | - 3 - | LRB098 09667 MGM 39813 b |
|
| 1 | | representing the Chiefs of Police appointed by the | 2 | | Governor; | 3 | | (9) one member recommended by the Illinois Municipal | 4 | | League and appointed by the Governor; | 5 | | (10) one member of an association representing the | 6 | | interests of pawnbrokers appointed by the Governor; | 7 | | (11) one member representing the interests of | 8 | | for-profit consignment shops appointed by the Governor; | 9 | | (12) one member representing the interests of the | 10 | | insurance industry with a strong vested interest in | 11 | | stopping theft and recovering stolen goods appointed by the | 12 | | Governor; | 13 | | (13) two members representing the interests of the | 14 | | general public appointed by the Governor; | 15 | | (14) one member representing the interests of the scrap | 16 | | recycling industry appointed by the Governor; | 17 | | (15) one member of a statewide association exclusively | 18 | | representing retailers appointed by the Governor; and | 19 | | (16) one member of an association representing | 20 | | numismatic shops appointed by the Governor. | 21 | | All members appointed under this Section shall serve | 22 | | without compensation, and may be reimbursed for their | 23 | | reasonable and necessary expenses from funds appropriated from | 24 | | the Pawnbroker Regulation Fund. | 25 | | (c) The task force shall study the various systems, | 26 | | technologies, and methods of operation for providing law |
| | | HB3359 Enrolled | - 4 - | LRB098 09667 MGM 39813 b |
|
| 1 | | enforcement with the timely access to information relating to | 2 | | the sales of precious metals and jewelry by pawnbrokers, | 3 | | auction sellers, for-profit consignment sellers, resellers, | 4 | | and other persons or entities as it may deem fit, including, | 5 | | but not limited to, providers of technology and services | 6 | | relating to the collection, compilation, storage, and access to | 7 | | such information. | 8 | | (d) The Department of Financial and Professional | 9 | | Regulation shall provide any necessary administrative and | 10 | | other support to the task force. | 11 | | (e) On or before December 31, 2013, the task force shall | 12 | | file and present a report to the General Assembly concerning | 13 | | its recommendations regarding the systems and technologies, | 14 | | together with their usage and potential funding mechanisms and | 15 | | sources, to be implemented to create a statewide system for the | 16 | | collection of information of the sales of precious metals and | 17 | | jewelry by pawnbrokers, auction services, for-profit | 18 | | consignment sellers, and other resellers, and for the | 19 | | compilation, storage, and timely access to that information by | 20 | | law enforcement and shall include proposed legislation to | 21 | | implement its recommendations, if needed. | 22 | | (f) This Section is repealed on December 31, 2014. | 23 | | Section 99. Effective date. This Act takes effect upon | 24 | | becoming law. |
|