Mike Jacobs
- Democratic
Primary
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.
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Session Sine Die
Added as Chief Co-Sponsor Sen. Randall M. Hultgren
Added as Chief Co-Sponsor Sen. William R. Haine
Rule 3-9(a) / Re-referred to Rules
Senate Committee Amendment No. 2 Filed with Secretary by Sen. Mike Jacobs
Senate Committee Amendment No. 2 Referred to Rules
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mike Jacobs
Senate Committee Amendment No. 1 Referred to Rules
Assigned to Licensed Activities
Filed with Secretary by Sen. Mike Jacobs
First Reading
Referred to Rules
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Document | Format |
|---|---|
| Senate Amendment 002 | |
| Senate Amendment 001 |
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