Synopsis As Introduced Creates the Dangerous Animals Act of 2012. Identifies a class of animals that qualify as dangerous animals. Provides that a person must hold a Dangerous Animal Permit or a Limited Entry Permit to possess a dangerous animal in the State. Sets forth requirements that must be met before the Department of Natural Resources may issue a Dangerous Animal Permit or a Limited Entry Permit. Provides for the suspension of permit privileges and the revocation of permits. Requires certain records to be kept by the possessors of a dangerous animal. Sets forth additional prohibitions related to the keeping and transport of dangerous animals. Sets forth penalties for violations of this Act. Sets forth provisions related to civil liability and immunity. Provides for the seizure and forfeiture of dangerous animals and equipment under certain circumstances. Creates the Dangerous Animal Advisory Committee to review periodically the list of dangerous animals. Exempts certain individuals and institutions from the requirements of the Act. Repeals the Illinois Dangerous Animal Act.