Illinois General Assembly - Full Text of Public Act 098-0068
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Public Act 098-0068


 

Public Act 0068 98TH GENERAL ASSEMBLY

  
  
  

 


 
Public Act 098-0068
 
HB3359 EnrolledLRB098 09667 MGM 39813 b

    AN ACT concerning regulation.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Pawnbroker Regulation Act is amended by
adding Section 20 as follows:
 
    (205 ILCS 510/20 new)
    Sec. 20. Precious Metal Purchasers Task Force.
    (a) The General Assembly finds:
        (1) There has been, and continues to be, a significant
    expansion in the volume of precious metals and jewelry sold
    through pawnbrokers, auction services, for-profit
    consignment sellers, and other resellers.
        (2) There has been, and continues to be, a similar
    increase in the volume of stolen precious metals and
    jewelry.
        (3) Access by law enforcement to sales-related
    information generated by pawnbrokers, auction services,
    for-profit consignment sellers, and other resellers has
    always been an important tool in combating burglary,
    robbery, theft, and other crimes directed at personal
    property.
        (4) Recent advances in electronic data collection and
    compilation have greatly simplified both the reporting of
    sales-related information by pawnbrokers, auction
    services, for-profit consignment sellers, and other
    resellers.
        (5) Law enforcement agencies, pawnbrokers, auction
    services, for-profit consignment sellers, resellers, and
    information technology-related businesses in several
    states have created differing systems to provide law
    enforcement with timely access to sales-related
    information.
    (b) There is hereby created the Precious Metal Purchasers
Task Force, consisting of members appointed as follows:
        (1) two members from the Senate, one appointed by the
    Senate President and one appointed by the Minority Leader;
        (2) two members from the House of Representatives, one
    appointed by the Speaker of the House and one appointed by
    the Minority Leader;
        (3) one member appointed by the Governor as chairperson
    of the task force;
        (4) one member appointed by the Secretary of State;
        (5) one member appointed by the Attorney General;
        (6) one member appointed by the Secretary of Financial
    and Professional Regulation from the Department of
    Financial and Professional Regulation;
        (7) one member appointed by the Director of State
    Police from the Department of State Police;
        (8) one member from a statewide organization
    representing the Chiefs of Police appointed by the
    Governor;
        (9) one member recommended by the Illinois Municipal
    League and appointed by the Governor;
        (10) one member of an association representing the
    interests of pawnbrokers appointed by the Governor;
        (11) one member representing the interests of
    for-profit consignment shops appointed by the Governor;
        (12) one member representing the interests of the
    insurance industry with a strong vested interest in
    stopping theft and recovering stolen goods appointed by the
    Governor;
        (13) two members representing the interests of the
    general public appointed by the Governor;
        (14) one member representing the interests of the scrap
    recycling industry appointed by the Governor;
        (15) one member of a statewide association exclusively
    representing retailers appointed by the Governor; and
        (16) one member of an association representing
    numismatic shops appointed by the Governor.
    All members appointed under this Section shall serve
without compensation, and may be reimbursed for their
reasonable and necessary expenses from funds appropriated from
the Pawnbroker Regulation Fund.
    (c) The task force shall study the various systems,
technologies, and methods of operation for providing law
enforcement with the timely access to information relating to
the sales of precious metals and jewelry by pawnbrokers,
auction sellers, for-profit consignment sellers, resellers,
and other persons or entities as it may deem fit, including,
but not limited to, providers of technology and services
relating to the collection, compilation, storage, and access to
such information.
    (d) The Department of Financial and Professional
Regulation shall provide any necessary administrative and
other support to the task force.
    (e) On or before December 31, 2013, the task force shall
file and present a report to the General Assembly concerning
its recommendations regarding the systems and technologies,
together with their usage and potential funding mechanisms and
sources, to be implemented to create a statewide system for the
collection of information of the sales of precious metals and
jewelry by pawnbrokers, auction services, for-profit
consignment sellers, and other resellers, and for the
compilation, storage, and timely access to that information by
law enforcement and shall include proposed legislation to
implement its recommendations, if needed.
    (f) This Section is repealed on December 31, 2014.
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 7/15/2013