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IL SB2868

Bill

Status

Failed

1/13/2015

Primary Sponsor

William Haine

Click for details

Origin

Senate

98th General Assembly

AI Summary

  • Amends Section 11 of the Pawnbroker Regulation Act (205 ILCS 510/11) to make a technical correction to the language regarding violations.

  • Changes the wording from "the provisions of this Act" to "the provisions of this Act" by removing a redundant instance of "the" in the violations section.

  • Maintains existing penalty structure: first offense for knowingly violating the Act is a Class C misdemeanor, subsequent offenses are Class A misdemeanor.

  • Preserves enhanced penalties for operating a pawnshop without a license: Class B misdemeanor for first offense and Class A misdemeanor for subsequent offenses.

  • Does not affect the authority of cities and villages to license, tax, regulate, suppress, and prohibit pawnbrokers under their existing powers.

Legislative Description

REGULATION-TECH

Last Action

Session Sine Die

1/13/2015

Committee Referrals

Assignments2/4/2014

Full Bill Text

No bill text available