IL SB3413 | 2015-2016 | 99th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on April 5 2016 - 25% progression, died in committee
Action: 2016-04-05 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Pawnbroker Regulation Act. Provides that within 60 days after the date of notification by the Illinois State Police of acceptable digital standards, every pawnbroker must take a digital image of each customer pledging or pawning any goods, articles, or other things and every item pawned or sold to the pawnbroker. Sets forth definitions for the following: "Automated Property Tracking Database System", "interchange file specification format", "point of sale data", and "reportable transaction". Requires every pawnbroker to transmit the point of sale data collected for every reportable transaction electronically from the pawnbroker's computer system to the Illinois State Police Automated Property Tracking Database System. Provides that in addition to any other fines and penalties imposed under applicable State and federal laws, a fine of up to $200 may be imposed upon any person who pledges or pawns any stolen goods, articles, or other items to a pawnbroker and is subsequently found guilty of theft. Provides that moneys collected pursuant to the provisions concerning fines shall be deposited into the Automated Property Tracking Database Reporting Fund and used for the purpose of administering and enforcing the Automated Property Tracking Database reporting requirements. Amends the State Finance Act to create the Automated Property Tracking Database System Reporting Fund.

Tracking Information

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Title

PAWN REG - TRACKING DATABASE

Sponsors


History

DateChamberAction
2016-04-05SenateReferred to Assignments
2016-04-05SenateFirst Reading
2016-04-05SenateFiled with Secretary by Sen. Bill Cunningham

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2055105Amended CodeCitation Text
2055107.7New CodeSee Bill Text
301055.875New CodeSee Bill Text

Illinois State Sources


Bill Comments

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