Bill Text: IL SB3249 | 2011-2012 | 97th General Assembly | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Collateral Recovery Act. Defines "automobile rental company". Provides that the Act does not apply to an automobile rental company or the employee of an automobile rental company when engaged in an activity otherwise covered by the Act if the activity is conducted by the employee on behalf of that automobile rental company. Provides that the Act does not apply to a towing company or towing operator when an employee or agent of an automobile rental company is present at the site from which the vehicle is towed. Provides that the Act does not apply to persons engaged in the recovery of collateral that is incidental to and within the scope of the person's primary business purpose and the primary business purpose is other than repossession. Effective July 1, 2012.
Spectrum: Moderate Partisan Bill (Democrat 10-3)
Status: (Passed) 2012-06-25 - Public Act . . . . . . . . . 97-0708 [SB3249 Detail]
Download: Illinois-2011-SB3249-Amended.html
Bill Title: Amends the Collateral Recovery Act. Defines "automobile rental company". Provides that the Act does not apply to an automobile rental company or the employee of an automobile rental company when engaged in an activity otherwise covered by the Act if the activity is conducted by the employee on behalf of that automobile rental company. Provides that the Act does not apply to a towing company or towing operator when an employee or agent of an automobile rental company is present at the site from which the vehicle is towed. Provides that the Act does not apply to persons engaged in the recovery of collateral that is incidental to and within the scope of the person's primary business purpose and the primary business purpose is other than repossession. Effective July 1, 2012.
Spectrum: Moderate Partisan Bill (Democrat 10-3)
Status: (Passed) 2012-06-25 - Public Act . . . . . . . . . 97-0708 [SB3249 Detail]
Download: Illinois-2011-SB3249-Amended.html
| |||||||
| |||||||
| |||||||
1 | AMENDMENT TO SENATE BILL 3249
| ||||||
2 | AMENDMENT NO. ______. Amend Senate Bill 3249 as follows:
| ||||||
3 | on page 5, immediately below the line 19, by inserting the | ||||||
4 | following: | ||||||
5 | " "Salvage auction" means a person or entity whose primary | ||||||
6 | business is the sale of motor vehicles for which insurance | ||||||
7 | companies have made payment of damages on total loss claims. "; | ||||||
8 | and
| ||||||
9 | on page 8, immediately below line 11, by inserting the | ||||||
10 | following:
| ||||||
11 | " (j) This Act does not apply to a salvage auction or the | ||||||
12 | employee of a salvage auction when engaged in an activity | ||||||
13 | otherwise covered by this Act if the activity is conducted by | ||||||
14 | the employee on behalf of that salvage auction. | ||||||
15 | (k) This Act does not apply to a towing company or towing | ||||||
16 | operator when the company or operator is acting on behalf of a |
| |||||||
| |||||||
1 | salvage auction. ".
|