SB3583sam001 97TH GENERAL ASSEMBLY

Sen. Michael W. Frerichs

Filed: 3/20/2012

09700SB3583sam001 LRB097 17481 PJG 67287 a

AMENDMENT TO SENATE BILL 3583

AMENDMENT NO. ______. Amend Senate Bill 3583 as follows:

by deleting line 3 on page 5 through line 15 on page 8; and

on page 97, by replacing line 15 with the following:

"changing Sections 0.05, 4, and 7 as follows:"; and

on page 103, immediately below line 24, by inserting the following:

"(205 ILCS 510/4) (from Ch. 17, par. 4654)

Sec. 4. Every pawnbroker shall, at the time of making any advancement or loan, deliver to the person pawning or pledging any property, a memorandum, contract, or note signed by him containing an accurate account and description, in the English language, of all the goods, articles or other things pawned or pledged, the amount of money, value of things loaned thereon, the time of pledging the same, the rate of interest to be paid on the loan, the name and residence of the person making the pawn or pledge, and the amount of any fees as specified in Section 2 of this Act.

(Source: P.A. 87-802.)".