Sign Up
SB 1692 Illinois Senate · 97th Regular Session

UCC - FRAUDULENT FINANCING

Summary
Amends the Uniform Commercial Code. Provides that no person shall file a fraudulent financing statement and assigns civil and criminal penalties for such filings. Provides a procedure for filing a form affidavit to provide notice of a fraudulent financing statement or amendment and provides guidance for when the Secretary of State may terminate the financing statement or amendment based on the affidavit. Provides that a filing office may terminate a record under specified circumstances with notice to the filer of the financing statement or amendment. Provides several circumstances where effective filing does not occur. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Mar 2011
Committee Review
May 2012
Senate Passage
May 2012
House Passage
May 2012
Signed into Law
Jul 2012
Introduced Mar 31, 2011 Signed Jul 25, 2012
Floor votes · Senate May 30, 2012 · House May 22, 2012

How they voted

43–0
Passed · 3 other
Total votes 46
May 30, 2012
D Democratic27
26 Yea 1
96% Yea
R Republican19
17 Yea 2
89% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
71
Key actions
13
Committee
22
Amendments
12
Jul 25, 2012
Signed into law
Governor Approved
upper
May 30, 2012
Upper · Passed
Passed Both Houses
upper
May 30, 2012
Introduced
House Floor Amendment No. 4 Senate Concurs 055-000-000
upper
May 30, 2012
Upper · Passed
House Committee Amendment No. 2 Senate Concurs 055-000-000
upper
May 29, 2012
Introduced
House Floor Amendment No. 4 Motion To Concur Recommended Do Adopt Financial Institutions; 007-000-000
upper
May 29, 2012
Upper · Passed
House Committee Amendment No. 2 Motion To Concur Recommended Do Adopt Financial Institutions; 007-000-000
upper
May 25, 2012
Committee
House Floor Amendment No. 4 Motion to Concur Assignments Referred to Financial Institutions
upper
May 25, 2012
Committee
House Committee Amendment No. 2 Motion to Concur Assignments Referred to Financial Institutions
upper
May 24, 2012
Committee
House Floor Amendment No. 4 Motion to Concur Referred to Assignments
upper
May 24, 2012
Committee
House Committee Amendment No. 2 Motion to Concur Referred to Assignments
upper
May 22, 2012
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 2, 4 - May 23, 2012
upper
May 22, 2012
Introduced
Secretary's Desk - Concurrence House Amendment(s) 2, 4
upper
May 22, 2012
Amended
House Floor Amendment No. 3 Tabled Pursuant to Rule 40
lower
May 22, 2012
House · Passed
House Vote: pass (97-0)
house
May 21, 2012
Lower · Passed
House Floor Amendment No. 4 Adopted by Voice Vote
lower
May 21, 2012
Lower · Passed
House Floor Amendment No. 4 Recommends Be Adopted Rules Committee; 004-000-000
lower
May 16, 2012
Committee
House Floor Amendment No. 4 Referred to Rules Committee
lower
May 16, 2012
Introduced
House Floor Amendment No. 4 Filed with Clerk by Rep. Michael J. Zalewski
lower
May 8, 2012
Committee
House Floor Amendment No. 3 Referred to Rules Committee
lower
May 8, 2012
Introduced
House Floor Amendment No. 3 Filed with Clerk by Rep. Michael J. Zalewski
lower
May 2, 2012
Lower · Passed
Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 010-000-000
lower
May 2, 2012
Lower · Passed
House Committee Amendment No. 2 Adopted in Judiciary I - Civil Law Committee; by Voice Vote
lower
Apr 30, 2012
Lower · Passed
House Committee Amendment No. 2 Rules Refers to Judiciary I - Civil Law Committee
lower
Apr 27, 2012
Committee
House Committee Amendment No. 2 Referred to Rules Committee
lower
Apr 27, 2012
Introduced
House Committee Amendment No. 2 Filed with Clerk by Rep. Michael J. Zalewski
lower
Apr 25, 2012
Committee
Assigned to Judiciary I - Civil Law Committee
lower
May 31, 2011
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
May 4, 2011
Amended
House Committee Amendment No. 1 Tabled Pursuant to Rule 40
lower
May 4, 2011
Lower · Passed
Do Pass / Short Debate Judiciary I - Civil Law Committee; 011-000-000
lower
Apr 27, 2011
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Judiciary I - Civil Law Committee
lower
Apr 25, 2011
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Apr 25, 2011
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Kenneth Dunkin
lower
Apr 11, 2011
Committee
Assigned to Judiciary I - Civil Law Committee
lower
Apr 4, 2011
Committee
Referred to Rules Committee
lower
Mar 31, 2011
Introduced
Arrived in House
lower
Mar 9, 2011
Upper · Passed
Do Pass Criminal Law; 008-000-000
upper
Mar 2, 2011
Committee
Assigned to Criminal Law
upper
Feb 9, 2011
Committee
Referred to Assignments
upper
0 primary · 3 co-sponsors

Sponsors

No sponsor information available.