Illinois House Bill 5190 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on July 20 2012 - 100% progression
Action: 2012-07-20 - Public Act . . . . . . . . . 97-0836
Text: Latest bill text (Chaptered) [HTML]

Amends the Secured Transactions Article of the Uniform Commercial Code. Provides that a person may not cause to be presented for filing a financing statement or amendment that the person knows or reasonably should know: is not related to a valid lien, a valid security agreement, or a judgment of a court of competent jurisdiction; is for an improper purpose or purposes, such as to harass, hinder, defraud, or otherwise interfere with any person; or contains materially false or misleading information. Imposes criminal penalties for violations and civil liability to injured persons. Requires the Secretary of State to make available a form affidavit to provide notice of a fraudulent financing statement or amendment. Contains provisions regarding: filing a fraudulent filing affidavit; additional documentation supporting a filing; review of documentation; termination of a financing statement or amendment; fees; notice; reinstatement; liability; effectiveness; and other matters. Effective immediately.

UCC-FRAUDULENT FINANCING

Rep. Michael Zalewski [D]

Sen. Don Harmon [D]

2012-05-22 - Senate - Third Reading in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]
2012-03-28 - House - Third Reading in House (Y: 114 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2012-07-20	House	Public Act . . . . . . . . . 97-0836
2012-07-20	House	Effective Date July 20, 2012
2012-07-20	House	Governor Approved
2012-06-20	House	Sent to the Governor
2012-05-22	House	Passed Both Houses
2012-05-22	Senate	Third Reading - Passed; 056-000-000
2012-05-02	Senate	Placed on Calendar Order of 3rd Reading May 3, 2012
2012-05-02	Senate	Second Reading
2012-04-18	Senate	Placed on Calendar Order of 2nd Reading April 19, 2012
2012-04-18	Senate	Do Pass Judiciary; 008-000-000
2012-04-11	Senate	Assigned to Judiciary
2012-03-29	Senate	Referred to Assignments
2012-03-29	Senate	First Reading
2012-03-29	Senate	Chief Senate Sponsor Sen. Don Harmon
2012-03-29	Senate	Placed on Calendar Order of First Reading
2012-03-29	Senate	Arrive in Senate
2012-03-28	House	Third Reading - Short Debate - Passed 114-000-000
2012-03-28	House	Placed on Calendar Order of 3rd Reading - Short Debate
2012-03-28	House	House Floor Amendment No. 1 Adopted by Voice Vote
2012-03-27	House	Held on Calendar Order of Second Reading - Short Debate
2012-03-27	House	Second Reading - Short Debate
2012-03-22	House	House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-000-000
2012-03-21	House	House Floor Amendment No. 1 Referred to Rules Committee
2012-03-21	House	House Floor Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski
2012-03-07	House	Placed on Calendar 2nd Reading - Short Debate
2012-03-07	House	Do Pass / Short Debate Judiciary I - Civil Law Committee; 010-000-000
2012-02-27	House	Assigned to Judiciary I - Civil Law Committee
2012-02-08	House	Referred to Rules Committee
2012-02-08	House	First Reading
2012-02-08	House	Filed with the Clerk by Rep. Michael J. Zalewski

Chapter	Article	Section	Citation Type	Statute Text
810	5	9-501.1	New Code	See Bill Text
810	5	9-510	Amended Code	Citation Text
810	5	9-516	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5190&GAID=11&DocTypeID=HB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/HB/09700HB5190.htm
Text	https://www.ilga.gov/legislation/97/HB/09700HB5190ham001.htm
Text	https://www.ilga.gov/legislation/97/HB/09700HB5190eng.htm
Text	https://www.ilga.gov/legislation/97/HB/09700HB5190enr.htm
Text	https://www.ilga.gov/legislation/publicacts/97/097-0836.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/97/house/09700HB5190_03282012_022000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/97/senate/09700HB5190_05222012_011000T.pdf