IL SB3341 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]

Summary

Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the business of purchasing precious metal shall not pay for the precious metal in cash and shall record the method of payment. Requires the purchaser to keep a record of the sale for one year or, if the purchase amount is over $500, for 5 years. Provides that a person who violates the Act is guilty of a petty offense and subject to a fine not exceeding $500. Provides that the Attorney General may inspect records, investigate an alleged violation, and take action to collect civil penalties.

Tracking Information

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Title

PRECIOUS METAL PURCHASING ACT

Sponsors


Roll Calls

2012-03-28 - Senate - Third Reading in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2013-01-08SenateSession Sine Die
2013-01-06HouseHouse Committee Amendment No. 3 Rules Refers to Judiciary I - Civil Law Committee
2013-01-06HouseHouse Committee Amendment No. 2 Rules Refers to Judiciary I - Civil Law Committee
2013-01-06HouseAdded Alternate Co-Sponsor Rep. Pam Roth
2013-01-03HouseHouse Committee Amendment No. 3 Referred to Rules Committee
2013-01-03HouseHouse Committee Amendment No. 3 Filed with Clerk by Rep. Patricia R. Bellock
2013-01-02HouseHouse Committee Amendment No. 2 Referred to Rules Committee
2013-01-02HouseHouse Committee Amendment No. 2 Filed with Clerk by Rep. Patricia R. Bellock
2012-12-20HouseAdded Alternate Co-Sponsor Rep. Michelle Mussman
2012-12-03HouseHouse Committee Amendment No. 1 Rules Refers to Judiciary I - Civil Law Committee
2012-11-28HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2012-11-28HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Patricia R. Bellock
2012-11-26HouseFinal Action Deadline Extended-9(b) January 8, 2013
2012-11-26HouseAssigned to Judiciary I - Civil Law Committee
2012-04-26HouseAdded Alternate Co-Sponsor Rep. Norine Hammond
2012-03-28HouseReferred to Rules Committee
2012-03-28HouseFirst Reading
2012-03-28HousePlaced on Calendar Order of First Reading
2012-03-28HouseChief House Sponsor Rep. Patricia R. Bellock
2012-03-28HouseArrived in House
2012-03-28SenateThird Reading - Passed; 056-000-000
2012-03-27SenatePlaced on Calendar Order of 3rd Reading March 28, 2012
2012-03-27SenateSecond Reading
2012-03-08SenatePlaced on Calendar Order of 2nd Reading March 21, 2012
2012-03-08SenateDo Pass as Amended Commerce; 006-000-000
2012-03-07SenateSenate Committee Amendment No. 1 Adopted
2012-03-06SenateSenate Committee Amendment No. 1 Assignments Refers to Commerce
2012-03-01SenatePostponed - Commerce
2012-02-29SenateSenate Committee Amendment No. 1 Referred to Assignments
2012-02-29SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Kirk W. Dillard
2012-02-17SenateAssigned to Commerce
2012-02-07SenateReferred to Assignments
2012-02-07SenateFirst Reading
2012-02-07SenateFiled with Secretary by Sen. Kirk W. Dillard

Illinois State Sources


Bill Comments

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