Sign Up
SB 1306 Illinois Senate · 97th Regular Session

COLLATERAL RECOVERY ACT

Summary
Creates the Collateral Recovery Act. Requires the licensure of repossession agencies and recovery managers, and the registration of repossession agency employees, within 6 months after the effective date of the Act. Grants rulemaking authority to the Illinois Commerce Commission. Sets forth provisions concerning qualifications, application, examination, assignment, insurance requirements, and administrative proceedings. Provides that all monies collected by the Illinois Commerce Commission under the Act shall be deposited into the Transportation Regulatory Fund in the State Treasury and used by the Illinois Commerce Commission for the administration of the Act. Provides that any municipality or county, including a home rule unit, may not regulate individuals and entities engaged in the business of collateral recovery in a manner inconsistent with this Act. Amends the Regulatory Sunset Act to set a January 1, 2022 repeal date for the new Act. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Apr 2011
Committee Review
May 2011
Senate Passage
May 2011
House Passage
May 2011
Signed into Law
Aug 2011
Introduced Apr 13, 2011 Signed Aug 26, 2011
Floor votes · Senate May 29, 2011 · House May 28, 2011

How they voted

45–0
Passed · 6 other
Total votes 51
May 29, 2011
D Democratic31
29 Yea 2
93% Yea
R Republican20
16 Yea 4
80% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
72
Key actions
14
Committee
20
Amendments
20
Aug 26, 2011
Signed into law
Governor Approved
upper
May 29, 2011
Upper · Passed
Passed Both Houses
upper
May 29, 2011
Introduced
House Floor Amendment No. 2 Senate Concurs 053-000-000
upper
May 29, 2011
Introduced
House Floor Amendment No. 1 Senate Concurs 053-000-000
upper
May 29, 2011
Introduced
House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Licensed Activities; 008-000-000
upper
May 29, 2011
Introduced
House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Licensed Activities; 008-000-000
upper
May 28, 2011
Committee
House Floor Amendment No. 2 Motion to Concur Assignments Referred to Licensed Activities
upper
May 28, 2011
Committee
House Floor Amendment No. 1 Motion to Concur Assignments Referred to Licensed Activities
upper
May 28, 2011
Committee
House Floor Amendment No. 2 Motion to Concur Referred to Assignments
upper
May 28, 2011
Committee
House Floor Amendment No. 1 Motion to Concur Referred to Assignments
upper
May 28, 2011
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 29, 2011
upper
May 28, 2011
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1, 2
upper
May 28, 2011
House · Passed
House Vote: pass (95-7-5)
house
May 27, 2011
Lower · Passed
House Floor Amendment No. 2 Adopted by Voice Vote
lower
May 27, 2011
Lower · Passed
House Floor Amendment No. 1 Adopted by Voice Vote
lower
May 26, 2011
Lower · Passed
House Floor Amendment No. 2 Recommends Be Adopted Judiciary I - Civil Law Committee; 009-000-000
lower
May 26, 2011
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Judiciary I - Civil Law Committee; 009-000-000
lower
May 20, 2011
Lower · Passed
House Floor Amendment No. 2 Rules Refers to Judiciary I - Civil Law Committee
lower
May 20, 2011
Lower · Passed
House Floor Amendment No. 1 Rules Refers to Judiciary I - Civil Law Committee
lower
May 19, 2011
Committee
House Floor Amendment No. 2 Referred to Rules Committee
lower
May 19, 2011
Introduced
House Floor Amendment No. 2 Filed with Clerk by Rep. Frank J. Mautino
lower
May 18, 2011
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
May 18, 2011
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Frank J. Mautino
lower
May 4, 2011
Lower · Passed
Do Pass / Short Debate Judiciary I - Civil Law Committee; 010-000-000
lower
Apr 21, 2011
Committee
Assigned to Judiciary I - Civil Law Committee
lower
Apr 14, 2011
Committee
Referred to Rules Committee
lower
Apr 13, 2011
Introduced
Arrived in House
lower
Apr 13, 2011
Amended
Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
upper
Apr 8, 2011
Upper · Passed
Senate Floor Amendment No. 3 Adopted; Mulroe
upper
Apr 6, 2011
Introduced
Senate Floor Amendment No. 3 Recommend Do Adopt Licensed Activities; 010-000-000
upper
Apr 6, 2011
Introduced
Senate Floor Amendment No. 2 Postponed - Licensed Activities
upper
Apr 6, 2011
Introduced
Senate Floor Amendment No. 3 Assignments Refers to Licensed Activities
upper
Apr 6, 2011
Introduced
Senate Floor Amendment No. 2 Assignments Refers to Licensed Activities
upper
Apr 5, 2011
Committee
Senate Floor Amendment No. 3 Referred to Assignments
upper
Apr 5, 2011
Introduced
Senate Floor Amendment No. 3 Filed with Secretary by Sen. John G. Mulroe
upper
Apr 4, 2011
Committee
Senate Floor Amendment No. 2 Referred to Assignments
upper
Apr 4, 2011
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. John G. Mulroe
upper
Mar 10, 2011
Upper · Passed
Do Pass as Amended Licensed Activities; 007-000-000
upper
Mar 9, 2011
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 8, 2011
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Licensed Activities
upper
Mar 4, 2011
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Mar 4, 2011
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe
upper
Feb 23, 2011
Committee
Assigned to Licensed Activities
upper
Feb 8, 2011
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.