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Public Act 098-0934 | ||||
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AN ACT concerning regulation.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Pawnbroker Regulation Act is amended by
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adding Section 20 as follows: | ||||
(205 ILCS 510/20) | ||||
(Section scheduled to be repealed on December 31, 2014) | ||||
Sec. 20. Precious Metal Purchasers Task Force. | ||||
(a) The General Assembly finds: | ||||
(1) There has been, and continues to be, a significant | ||||
expansion in the volume of precious metals and jewelry sold | ||||
through pawnbrokers, auction services, for-profit | ||||
consignment sellers, and other resellers. | ||||
(2) There has been, and continues to be, a similar | ||||
increase in the volume of stolen precious metals and | ||||
jewelry. | ||||
(3) Access by law enforcement to sales-related | ||||
information generated by pawnbrokers, auction services, | ||||
for-profit consignment sellers, and other resellers has | ||||
always been an important tool in combating burglary, | ||||
robbery, theft, and other crimes directed at personal | ||||
property. | ||||
(4) Recent advances in electronic data collection and |
compilation have greatly simplified both the reporting of | ||
sales-related information by pawnbrokers, auction | ||
services, for-profit consignment sellers, and other | ||
resellers. | ||
(5) Law enforcement agencies, pawnbrokers, auction | ||
services, for-profit consignment sellers, resellers, and | ||
information technology-related businesses in several | ||
states have created differing systems to provide law | ||
enforcement with timely access to sales-related | ||
information.
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(b) There is hereby created the Precious Metal Purchasers | ||
Task Force, consisting of members appointed as follows:
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(1) two members from the Senate, one appointed by the | ||
Senate President and one appointed by the Minority Leader; | ||
(2) two members from the House of Representatives, one | ||
appointed by the Speaker of the House and one appointed by | ||
the Minority Leader; | ||
(3) one member appointed by the Governor as chairperson | ||
of the task force; | ||
(4) one member appointed by the Secretary of State; | ||
(5) one member appointed by the Attorney General; | ||
(6) one member appointed by the Secretary of Financial | ||
and Professional Regulation from the Department of | ||
Financial and Professional Regulation; | ||
(7) one member appointed by the Director of State | ||
Police from the Department of State Police; |
(8) one member from a statewide organization | ||
representing the Chiefs of Police appointed by the | ||
Governor; | ||
(9) one member recommended by the Illinois Municipal | ||
League and appointed by the Governor; | ||
(10) one member of an association representing the | ||
interests of pawnbrokers appointed by the Governor; | ||
(11) one member representing the interests of | ||
for-profit consignment shops appointed by the Governor; | ||
(12) one member representing the interests of the | ||
insurance industry with a strong vested interest in | ||
stopping theft and recovering stolen goods appointed by the | ||
Governor; | ||
(13) two members representing the interests of the | ||
general public appointed by the Governor; | ||
(14) one member representing the interests of the scrap | ||
recycling industry appointed by the Governor; | ||
(15) one member of a statewide association exclusively | ||
representing retailers appointed by the Governor; and | ||
(16) one member of an association representing | ||
numismatic shops appointed by the Governor. | ||
All members appointed under this Section shall serve | ||
without compensation, and may be reimbursed for their | ||
reasonable and necessary expenses from funds appropriated from | ||
the Pawnbroker Regulation Fund. | ||
(c) The task force shall study the various systems, |
technologies, and methods of operation for providing law | ||
enforcement with the timely access to information relating to | ||
the sales of precious metals and jewelry by pawnbrokers, | ||
auction sellers, for-profit consignment sellers, resellers, | ||
and other persons or entities as it may deem fit, including, | ||
but not limited to, providers of technology and services | ||
relating to the collection, compilation, storage, and access to | ||
such information. | ||
(d) The Department of Financial and Professional | ||
Regulation shall provide any necessary administrative and | ||
other support to the task force. | ||
(e) On or before December 31, 2014 2013 , the task force | ||
shall file and present a report to the General Assembly | ||
concerning its recommendations regarding the systems and | ||
technologies, together with their usage and potential funding | ||
mechanisms and sources, to be implemented to create a statewide | ||
system for the collection of information of the sales of | ||
precious metals and jewelry by pawnbrokers, auction services, | ||
for-profit consignment sellers, and other resellers, and for | ||
the compilation, storage, and timely access to that information | ||
by law enforcement and shall include proposed legislation to | ||
implement its recommendations, if needed. | ||
(f) This Section is repealed on June 30, 2015 December 31, | ||
2014 .
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(Source: P.A. 98-68, eff. 7-15-13.) | ||
Section 99. Effective date. This Act takes effect upon |
becoming law. |