Bill Title: Creates the Pawnbroker Regulation Act of 2023. Sets forth provisions concerning pawnbroker licensure, pawnbroker supervision, customer rights, and consumer fraud protections. Provides that there shall not be more than 250 active pawnbroker licenses at any one time within the State of Illinois, and that there shall not be more than 150 active pawnbroker licenses issued for specified counties at any one time. Sets forth provisions concerning licensee names, license application process, prohibited acts and practices, license issuance and renewal, license suspension and revocation, confidentiality of information, and record requirements. Sets forth the functions, powers, and duties of the Secretary of Financial and Professional Regulation. Defines terms. Preempts home rule powers. Makes a conforming change in the Consumer Fraud and Deceptive Business Practices Act. Makes corresponding changes in other provisions. Repeals the Pawnbroker Regulation Act. Effective immediately.

Spectrum: Moderate Partisan Bill (Democrat 5-1)

Status: (Passed) 2024-03-22 - Public Act . . . . . . . . . 103-0585 [HB0779 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
House	Concurrence in House	2024-03-07	80	27	2	1	110	Passed	Link	View
House	Concurrence in House	2024-03-07	80	27	2	1	110	Passed	Link	View
Senate	Third Reading in Senate	2023-11-08	52	0	7	0	59	Passed	Link	View
House	Third Reading in House	2023-03-23	112	0	0	1	113	Passed	Link	View

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