Illinois 94th Regular Session Status: In Committee 1 R cosponsors

SB 2144 — REGULATION-COLLATERAL RECOVERY

Last action — Session Sine Die

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 94th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

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.

Bill Text

Action History

  1. Session Sine Die

  2. Pursuant to Senate Rule 3-9(b) / Referred to Rules

  3. Senate Committee Amendment No. 6 Rule 3-9(a) / Re-referred to Rules

  4. Senate Committee Amendment No. 4 Rule 3-9(a) / Re-referred to Rules

  5. Senate Committee Amendment No. 3 Rule 3-9(a) / Re-referred to Rules

  6. Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Rules

  7. Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Rules

  8. Placed on Calendar Order of 2nd Reading February 22, 2006

  9. Do Pass Licensed Activities; 005-002-001

  10. Senate Committee Amendment No. 6 Held in Licensed Activities

  11. Senate Committee Amendment No. 4 Held in Licensed Activities

  12. Senate Committee Amendment No. 3 Held in Licensed Activities

  13. Senate Committee Amendment No. 2 Held in Licensed Activities

  14. Senate Committee Amendment No. 1 Held in Licensed Activities

  15. Senate Committee Amendment No. 7 Referred to Rules

  16. Senate Committee Amendment No. 7 Filed with Secretary by Sen. Mike Jacobs

  17. Senate Committee Amendment No. 6 Rules Refers to Licensed Activities

  18. Senate Committee Amendment No. 6 Referred to Rules

  19. Senate Committee Amendment No. 6 Filed with Secretary by Sen. Mike Jacobs

  20. Held in Licensed Activities

  21. Senate Committee Amendment No. 4 Held in Licensed Activities

  22. Senate Committee Amendment No. 3 Held in Licensed Activities

  23. Senate Committee Amendment No. 2 Held in Licensed Activities

  24. Senate Committee Amendment No. 1 Held in Licensed Activities

  25. Senate Committee Amendment No. 5 Referred to Rules

  26. Senate Committee Amendment No. 5 Filed with Secretary by Sen. Mike Jacobs

  27. Senate Committee Amendment No. 4 Rules Refers to Licensed Activities

  28. Senate Committee Amendment No. 3 Rules Refers to Licensed Activities

  29. Senate Committee Amendment No. 4 Referred to Rules

  30. Senate Committee Amendment No. 4 Filed with Secretary by Sen. Mike Jacobs

  31. Senate Committee Amendment No. 3 Referred to Rules

  32. Senate Committee Amendment No. 3 Filed with Secretary by Sen. Mike Jacobs

  33. Held in Licensed Activities

  34. Senate Committee Amendment No. 2 Held in Licensed Activities

  35. Senate Committee Amendment No. 1 Held in Licensed Activities

  36. Senate Committee Amendment No. 2 Rules Refers to Licensed Activities

  37. Senate Committee Amendment No. 2 Referred to Rules

  38. Senate Committee Amendment No. 2 Filed with Secretary by Sen. Mike Jacobs

  39. Senate Committee Amendment No. 1 Rules Refers to Licensed Activities

  40. Added as Chief Co-Sponsor Sen. Todd Sieben

  41. Senate Committee Amendment No. 1 Referred to Rules

  42. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mike Jacobs

  43. Assigned to Licensed Activities

  44. Referred to Rules

  45. First Reading

  46. Filed with Secretary by Sen. Mike Jacobs

Sponsors

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

Not signed on (182)

182 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

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Frequently asked questions

What does SB 2144 do?
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.
Who sponsors SB 2144?
SB 2144 is sponsored by Paul Jacobs (Republican).
What is the current status of SB 2144?
This bill died with 94th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 2144?
Track SB 2144 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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