Bill Text: IL HB3359 | 2013-2014 | 98th General Assembly | Chaptered

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Bill Title: Amends the Pawnbroker Regulation Act. Changes the short title of the Act to the Pawnbroker, Consignment Shop, Secondhand Shop, and Recyclable Metal Shop Regulation Act. Provides for the licensure and regulation of consignment shops, secondhand shops, and recyclable metal shops in the same manner as pawnshops. Defines "consignment shop", "secondhand shop", and "recyclable metal shop". Amends the Recyclable Metal Purchase Registration Law. Changes the definition of "recyclable metal" to include gold, silver, platinum, or other precious metal used in jewelry, and "recyclable metal dealer" to include any business whose primary purpose is the purchase and sale of precious metals, secondhand jewelry, or items that contain precious metals. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Passed) 2013-07-15 - Public Act . . . . . . . . . 98-0068 [HB3359 Detail]

Download: Illinois-2013-HB3359-Chaptered.html

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Public Act 098-0068
HB3359 Enrolled LRB098 09667 MGM 39813 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Pawnbroker Regulation Act is amended by
adding Section 20 as follows:
(205 ILCS 510/20 new)
Sec. 20. Precious Metal Purchasers Task Force.
(a) The General Assembly finds:
(1) There has been, and continues to be, a significant
expansion in the volume of precious metals and jewelry sold
through pawnbrokers, auction services, for-profit
consignment sellers, and other resellers.
(2) There has been, and continues to be, a similar
increase in the volume of stolen precious metals and
jewelry.
(3) Access by law enforcement to sales-related
information generated by pawnbrokers, auction services,
for-profit consignment sellers, and other resellers has
always been an important tool in combating burglary,
robbery, theft, and other crimes directed at personal
property.
(4) Recent advances in electronic data collection and
compilation have greatly simplified both the reporting of

sales-related information by pawnbrokers, auction
services, for-profit consignment sellers, and other
resellers.
(5) Law enforcement agencies, pawnbrokers, auction
services, for-profit consignment sellers, resellers, and
information technology-related businesses in several
states have created differing systems to provide law
enforcement with timely access to sales-related
information.
(b) There is hereby created the Precious Metal Purchasers
Task Force, consisting of members appointed as follows:
(1) two members from the Senate, one appointed by the
Senate President and one appointed by the Minority Leader;
(2) two members from the House of Representatives, one
appointed by the Speaker of the House and one appointed by
the Minority Leader;
(3) one member appointed by the Governor as chairperson
of the task force;
(4) one member appointed by the Secretary of State;
(5) one member appointed by the Attorney General;
(6) one member appointed by the Secretary of Financial
and Professional Regulation from the Department of
Financial and Professional Regulation;
(7) one member appointed by the Director of State
Police from the Department of State Police;
(8) one member from a statewide organization

representing the Chiefs of Police appointed by the
Governor;
(9) one member recommended by the Illinois Municipal
League and appointed by the Governor;
(10) one member of an association representing the
interests of pawnbrokers appointed by the Governor;
(11) one member representing the interests of
for-profit consignment shops appointed by the Governor;
(12) one member representing the interests of the
insurance industry with a strong vested interest in
stopping theft and recovering stolen goods appointed by the
Governor;
(13) two members representing the interests of the
general public appointed by the Governor;
(14) one member representing the interests of the scrap
recycling industry appointed by the Governor;
(15) one member of a statewide association exclusively
representing retailers appointed by the Governor; and
(16) one member of an association representing
numismatic shops appointed by the Governor.
All members appointed under this Section shall serve
without compensation, and may be reimbursed for their
reasonable and necessary expenses from funds appropriated from
the Pawnbroker Regulation Fund.
(c) The task force shall study the various systems,
technologies, and methods of operation for providing law

enforcement with the timely access to information relating to
the sales of precious metals and jewelry by pawnbrokers,
auction sellers, for-profit consignment sellers, resellers,
and other persons or entities as it may deem fit, including,
but not limited to, providers of technology and services
relating to the collection, compilation, storage, and access to
such information.
(d) The Department of Financial and Professional
Regulation shall provide any necessary administrative and
other support to the task force.
(e) On or before December 31, 2013, the task force shall
file and present a report to the General Assembly concerning
its recommendations regarding the systems and technologies,
together with their usage and potential funding mechanisms and
sources, to be implemented to create a statewide system for the
collection of information of the sales of precious metals and
jewelry by pawnbrokers, auction services, for-profit
consignment sellers, and other resellers, and for the
compilation, storage, and timely access to that information by
law enforcement and shall include proposed legislation to
implement its recommendations, if needed.
(f) This Section is repealed on December 31, 2014.