REGULATION-COLLATERAL RECOVERY
Summary
Creates the Collateral Recovery Act. Provides for the licensure of repossession agencies, the certification of recovery managers, and the registration of repossession agency employees. Establishes the Illinois Repossession and Recovery Board. Grants rulemaking authority to the Department of Financial and Professional Regulation. Sets forth provisions concerning qualifications, application, examination, assignment, insurance requirements, and administrative proceedings. Prohibits recovery work on a contingency basis.
Bill status
failed
1 of 4 stages cleared
Introduction
Oct 2005
Committee Review
Floor Vote
Governor
Introduced Oct 26, 2005
Last action Jan 9, 2007
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
46
Key actions
0
Committee
32
Amendments
7
Jan 9, 2007
Senate · Failed
Session Sine Die
Jun 4, 2006
Senate · Referred to committee
Pursuant to Senate Rule 3-9(b) / Referred to Rules
Feb 17, 2006
Senate · Referred to committee
Senate Committee Amendment No. 6 Rule 3-9(a) / Re-referred to Rules
Feb 17, 2006
Senate · Referred to committee
Senate Committee Amendment No. 4 Rule 3-9(a) / Re-referred to Rules
Feb 17, 2006
Senate · Referred to committee
Senate Committee Amendment No. 3 Rule 3-9(a) / Re-referred to Rules
Feb 17, 2006
Senate · Referred to committee
Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Rules
Feb 17, 2006
Senate · Referred to committee
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Rules
Feb 16, 2006
Senate · Reported by committee
Do Pass Licensed Activities; 005-002-001
Feb 16, 2006
Senate · Reported by committee
Senate Committee Amendment No. 6 Held in Licensed Activities
Feb 16, 2006
Senate · Reported by committee
Senate Committee Amendment No. 4 Held in Licensed Activities
Feb 16, 2006
Senate · Reported by committee
Senate Committee Amendment No. 3 Held in Licensed Activities
Feb 16, 2006
Senate · Reported by committee
Senate Committee Amendment No. 2 Held in Licensed Activities
Feb 16, 2006
Senate · Reported by committee
Senate Committee Amendment No. 1 Held in Licensed Activities
Feb 15, 2006
Senate · Referred to committee
Senate Committee Amendment No. 7 Referred to Rules
Feb 15, 2006
Senate · Amendment offered
Senate Committee Amendment No. 7 Filed with Secretary by Sen. Mike Jacobs
Feb 14, 2006
Senate · Reported by committee
Senate Committee Amendment No. 6 Rules Refers to Licensed Activities
Feb 10, 2006
Senate · Referred to committee
Senate Committee Amendment No. 6 Referred to Rules
Feb 10, 2006
Senate · Amendment offered
Senate Committee Amendment No. 6 Filed with Secretary by Sen. Mike Jacobs
Feb 8, 2006
Senate · Reported by committee
Senate Committee Amendment No. 4 Held in Licensed Activities
Feb 8, 2006
Senate · Reported by committee
Senate Committee Amendment No. 3 Held in Licensed Activities
Feb 8, 2006
Senate · Reported by committee
Senate Committee Amendment No. 2 Held in Licensed Activities
Feb 8, 2006
Senate · Reported by committee
Senate Committee Amendment No. 1 Held in Licensed Activities
Feb 8, 2006
Senate · Referred to committee
Senate Committee Amendment No. 5 Referred to Rules
Feb 8, 2006
Senate · Amendment offered
Senate Committee Amendment No. 5 Filed with Secretary by Sen. Mike Jacobs
Feb 8, 2006
Senate · Reported by committee
Senate Committee Amendment No. 4 Rules Refers to Licensed Activities
Feb 8, 2006
Senate · Reported by committee
Senate Committee Amendment No. 3 Rules Refers to Licensed Activities
Feb 8, 2006
Senate · Referred to committee
Senate Committee Amendment No. 4 Referred to Rules
Feb 8, 2006
Senate · Amendment offered
Senate Committee Amendment No. 4 Filed with Secretary by Sen. Mike Jacobs
Feb 7, 2006
Senate · Referred to committee
Senate Committee Amendment No. 3 Referred to Rules
Feb 7, 2006
Senate · Amendment offered
Senate Committee Amendment No. 3 Filed with Secretary by Sen. Mike Jacobs
Feb 1, 2006
Senate · Reported by committee
Senate Committee Amendment No. 2 Held in Licensed Activities
Feb 1, 2006
Senate · Reported by committee
Senate Committee Amendment No. 1 Held in Licensed Activities
Feb 1, 2006
Senate · Reported by committee
Senate Committee Amendment No. 2 Rules Refers to Licensed Activities
Jan 31, 2006
Senate · Referred to committee
Senate Committee Amendment No. 2 Referred to Rules
Jan 31, 2006
Senate · Amendment offered
Senate Committee Amendment No. 2 Filed with Secretary by Sen. Mike Jacobs
Jan 31, 2006
Senate · Reported by committee
Senate Committee Amendment No. 1 Rules Refers to Licensed Activities
Jan 18, 2006
Senate · Referred to committee
Senate Committee Amendment No. 1 Referred to Rules
Jan 18, 2006
Senate · Amendment offered
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mike Jacobs
Jan 12, 2006
Senate · Referred to committee
Assigned to Licensed Activities
Oct 26, 2005
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Mike Jacobs
DDemocratic
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