Full Text of HB5845 098th General Assembly
HB5845enr 98TH GENERAL ASSEMBLY |
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| 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| 5 | | adding Section 20 as follows: | 6 | | (205 ILCS 510/20) | 7 | | (Section scheduled to be repealed on December 31, 2014) | 8 | | Sec. 20. Precious Metal Purchasers Task Force. | 9 | | (a) The General Assembly finds: | 10 | | (1) There has been, and continues to be, a significant | 11 | | expansion in the volume of precious metals and jewelry sold | 12 | | through pawnbrokers, auction services, for-profit | 13 | | consignment sellers, and other resellers. | 14 | | (2) There has been, and continues to be, a similar | 15 | | increase in the volume of stolen precious metals and | 16 | | jewelry. | 17 | | (3) Access by law enforcement to sales-related | 18 | | information generated by pawnbrokers, auction services, | 19 | | for-profit consignment sellers, and other resellers has | 20 | | always been an important tool in combating burglary, | 21 | | robbery, theft, and other crimes directed at personal | 22 | | property. | 23 | | (4) Recent advances in electronic data collection and |
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| 1 | | compilation have greatly simplified both the reporting of | 2 | | sales-related information by pawnbrokers, auction | 3 | | services, for-profit consignment sellers, and other | 4 | | resellers. | 5 | | (5) Law enforcement agencies, pawnbrokers, auction | 6 | | services, for-profit consignment sellers, resellers, and | 7 | | information technology-related businesses in several | 8 | | states have created differing systems to provide law | 9 | | enforcement with timely access to sales-related | 10 | | information.
| 11 | | (b) There is hereby created the Precious Metal Purchasers | 12 | | Task Force, consisting of members appointed as follows:
| 13 | | (1) two members from the Senate, one appointed by the | 14 | | Senate President and one appointed by the Minority Leader; | 15 | | (2) two members from the House of Representatives, one | 16 | | appointed by the Speaker of the House and one appointed by | 17 | | the Minority Leader; | 18 | | (3) one member appointed by the Governor as chairperson | 19 | | of the task force; | 20 | | (4) one member appointed by the Secretary of State; | 21 | | (5) one member appointed by the Attorney General; | 22 | | (6) one member appointed by the Secretary of Financial | 23 | | and Professional Regulation from the Department of | 24 | | Financial and Professional Regulation; | 25 | | (7) one member appointed by the Director of State | 26 | | Police from the Department of State Police; |
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| 1 | | (8) one member from a statewide organization | 2 | | representing the Chiefs of Police appointed by the | 3 | | Governor; | 4 | | (9) one member recommended by the Illinois Municipal | 5 | | League and appointed by the Governor; | 6 | | (10) one member of an association representing the | 7 | | interests of pawnbrokers appointed by the Governor; | 8 | | (11) one member representing the interests of | 9 | | for-profit consignment shops appointed by the Governor; | 10 | | (12) one member representing the interests of the | 11 | | insurance industry with a strong vested interest in | 12 | | stopping theft and recovering stolen goods appointed by the | 13 | | Governor; | 14 | | (13) two members representing the interests of the | 15 | | general public appointed by the Governor; | 16 | | (14) one member representing the interests of the scrap | 17 | | recycling industry appointed by the Governor; | 18 | | (15) one member of a statewide association exclusively | 19 | | representing retailers appointed by the Governor; and | 20 | | (16) one member of an association representing | 21 | | numismatic shops appointed by the Governor. | 22 | | All members appointed under this Section shall serve | 23 | | without compensation, and may be reimbursed for their | 24 | | reasonable and necessary expenses from funds appropriated from | 25 | | the Pawnbroker Regulation Fund. | 26 | | (c) The task force shall study the various systems, |
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| 1 | | technologies, and methods of operation for providing law | 2 | | enforcement with the timely access to information relating to | 3 | | the sales of precious metals and jewelry by pawnbrokers, | 4 | | auction sellers, for-profit consignment sellers, resellers, | 5 | | and other persons or entities as it may deem fit, including, | 6 | | but not limited to, providers of technology and services | 7 | | relating to the collection, compilation, storage, and access to | 8 | | such information. | 9 | | (d) The Department of Financial and Professional | 10 | | Regulation shall provide any necessary administrative and | 11 | | other support to the task force. | 12 | | (e) On or before December 31, 2014 2013 , the task force | 13 | | shall file and present a report to the General Assembly | 14 | | concerning its recommendations regarding the systems and | 15 | | technologies, together with their usage and potential funding | 16 | | mechanisms and sources, to be implemented to create a statewide | 17 | | system for the collection of information of the sales of | 18 | | precious metals and jewelry by pawnbrokers, auction services, | 19 | | for-profit consignment sellers, and other resellers, and for | 20 | | the compilation, storage, and timely access to that information | 21 | | by law enforcement and shall include proposed legislation to | 22 | | implement its recommendations, if needed. | 23 | | (f) This Section is repealed on June 30, 2015 December 31, | 24 | | 2014 .
| 25 | | (Source: P.A. 98-68, eff. 7-15-13.) | 26 | | Section 99. Effective date. This Act takes effect upon |
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| 1 | | becoming law. |
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