Illinois General Assembly - Full Text of HB0487

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Full Text of HB0487 94th General Assembly

Introduced   Engrossed
House Amendment 001   Senate Amendment 001
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HB0487sam001 94TH GENERAL ASSEMBLY
Sen. Arthur J. Wilhelmi
Filed: 5/4/2005

09400HB0487sam001 LRB094 06000 DRH 45689 a

1 AMENDMENT TO HOUSE BILL 487
2     AMENDMENT NO. ______. Amend House Bill 487 on page 2,
3 immediately below line 13, by inserting the following:
4     "(f) This Section does not apply to the transfer of
5 information to a third party if (i) a federal or State law,
6 rule, or regulation requires that the information be
7 transferred to a third party after being recorded in specified
8 transactions or (ii) the information is transferred to a third
9 party for purposes of the detection or possible prosecution of
10 criminal offenses or fraud. If information is transferred to a
11 third party under this subsection (f), it may be used only for
12 the purposes authorized by this subsection (f)."; and

13 on page 3, immediately below line 12, by inserting the
14 following:
15     "(e) This Section does not apply to the transfer of
16 information to a third party if (i) a federal or State law,
17 rule, or regulation requires that the information be
18 transferred to a third party after being recorded in specified
19 transactions or (ii) the information is transferred to a third
20 party for purposes of the detection or possible prosecution of
21 criminal offenses or fraud. If information is transferred to a
22 third party under this subsection (e), it may be used only for
23 the purposes authorized by this subsection (e).".

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