Illinois General Assembly - Bill Status for HB3891
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 Bill Status of HB3891  97th General Assembly

Short Description:  PAWNBROKER-PRECIOUS METAL-GEM

House Sponsors
Rep. Patricia R. Bellock

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
205 ILCS 510/1.2 new
205 ILCS 510/9.5 new
205 ILCS 510/10from Ch. 17, par. 4660


Synopsis As Introduced
Amends the Pawnbroker Regulation Act. Creates a provision that a pawnbroker shall not deface, scratch, obliterate, melt, separate, or break into parts, or otherwise in any manner do, cause, or suffer to be done by others, anything that shall destroy or tend to destroy the identity or value of any precious metal or precious gem during the holding period. Provides that a pawnbroker who acquires a precious metal object or precious gem shall keep it in the county where the pawnbroker holds a license from the time of the acquisition until at least 30 days after submitting a copy of a record of its acquisition. Extends the holding period for property containing precious metals or precious gems, or both, for 30 days. Creates a provision for definitions.

Actions 
DateChamber Action
  11/29/2011HouseFiled with the Clerk by Rep. Patricia R. Bellock
  11/29/2011HouseFirst Reading
  11/29/2011HouseReferred to Rules Committee
  1/8/2013HouseSession Sine Die

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