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SB 3341 Illinois Senate · 97th Regular Session

PRECIOUS METAL PURCHASING ACT

Summary
Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the business of purchasing precious metal shall not pay for the precious metal in cash and shall record the method of payment. Requires the purchaser to keep a record of the sale for one year or, if the purchase amount is over $500, for 5 years. Provides that a person who violates the Act is guilty of a petty offense and subject to a fine not exceeding $500. Provides that the Attorney General may inspect records, investigate an alleged violation, and take action to collect civil penalties.
Bill status failed 3 of 5 stages cleared
Introduction
Mar 2012
Committee Review
Jan 2013
Senate Passage
Mar 2012
House Passage
Governor
Introduced Mar 28, 2012 Last action Jan 8, 2013
Floor votes · Senate Mar 28, 2012

How they voted

55–0
Passed · 3 other
Total votes 58
Mar 28, 2012
D Democratic34
33 Yea 1
97% Yea
R Republican24
22 Yea 2
91% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
35
Key actions
7
Committee
13
Amendments
5
Jan 6, 2013
Lower · Passed
House Committee Amendment No. 3 Rules Refers to Judiciary I - Civil Law Committee
lower
Jan 6, 2013
Lower · Passed
House Committee Amendment No. 2 Rules Refers to Judiciary I - Civil Law Committee
lower
Jan 3, 2013
Committee
House Committee Amendment No. 3 Referred to Rules Committee
lower
Jan 3, 2013
Introduced
House Committee Amendment No. 3 Filed with Clerk by Rep. Patricia R. Bellock
lower
Jan 2, 2013
Committee
House Committee Amendment No. 2 Referred to Rules Committee
lower
Jan 2, 2013
Introduced
House Committee Amendment No. 2 Filed with Clerk by Rep. Patricia R. Bellock
lower
Dec 3, 2012
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Judiciary I - Civil Law Committee
lower
Nov 28, 2012
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Nov 28, 2012
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Patricia R. Bellock
lower
Nov 26, 2012
Committee
Assigned to Judiciary I - Civil Law Committee
lower
Mar 28, 2012
Committee
Referred to Rules Committee
lower
Mar 28, 2012
Introduced
Arrived in House
lower
Mar 28, 2012
Senate · Passed
Senate Vote: pass (55-0-3)
senate
Mar 8, 2012
Upper · Passed
Do Pass as Amended Commerce; 006-000-000
upper
Mar 7, 2012
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 6, 2012
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Commerce
upper
Feb 29, 2012
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Feb 29, 2012
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Kirk W. Dillard
upper
Feb 17, 2012
Committee
Assigned to Commerce
upper
Feb 7, 2012
Committee
Referred to Assignments
upper
0 primary · 3 co-sponsors

Sponsors

No sponsor information available.