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IL SB2868
Bill
AI Summary
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Amends Section 11 of the Pawnbroker Regulation Act (205 ILCS 510/11) to make a technical correction to the language regarding violations.
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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.
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Maintains existing penalty structure: first offense for knowingly violating the Act is a Class C misdemeanor, subsequent offenses are Class A misdemeanor.
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Preserves enhanced penalties for operating a pawnshop without a license: Class B misdemeanor for first offense and Class A misdemeanor for subsequent offenses.
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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