COLLATERAL RECOVERY-EXCEPTIONS Senate SponsorsSen. John G. Mulroe House Sponsors(Rep. Elaine Nekritz) 8/11/2017SenatePublic Act . . . . . . . . . 100-0102 225 ILCS 422/1Amends the Collateral Recovery Act. Makes a technical change in a Section concerning the short title.Senate Committee Amendment No. 1 Deletes reference to:225 ILCS 422/1Adds reference to:225 ILCS 422/30Replaces everything after the enacting clause. Amends the Collateral Recovery Act. Provides that the Act does not apply to a vehicle auctioneer licensed under the Illinois Vehicle Code or an employee of such a vehicle auctioneer involved in the selling of a vehicle that was repossessed under the Act unless the vehicle auctioneer or employee of a vehicle auctioneer involved in the selling of the vehicle directly performs repossessions covered by the Act. Provides that the Act does not apply to a forwarding person or entity that, acting on behalf of a creditor or lender having a security agreement, does not directly perform repossessions covered by the Act, but instead forwards the actual repossession assignment to a licensed repossession agency under the Act. 2/9/2017SenateFiled with Secretary by Sen. John G. Mulroe 2/9/2017SenateFirst Reading 2/9/2017SenateReferred to Assignments 2/28/2017SenateAssigned to Insurance 3/2/2017SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John G. Mulroe 3/2/2017SenateSenate Committee Amendment No. 1 Referred to Assignments 3/7/2017SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance 3/8/2017SenateSenate Committee Amendment No. 1 Adopted 3/9/2017SenateDo Pass as Amended Insurance; 011-000-000 3/9/2017SenatePlaced on Calendar Order of 2nd Reading March 14, 2017 4/6/2017SenateSecond Reading 4/6/2017SenatePlaced on Calendar Order of 3rd Reading April 25, 2017 4/27/2017SenateThird Reading - Passed; 053-000-000 4/28/2017HouseArrived in House 5/3/2017HouseChief House Sponsor Rep. Elaine Nekritz 5/3/2017HouseFirst Reading 5/3/2017HouseReferred to Rules Committee 5/9/2017HouseAssigned to Judiciary - Civil Committee 5/10/2017HouseTo Commercial Law Subcommittee 5/17/2017HouseRecommends Do Pass Subcommittee/ Judiciary - Civil Committee; 003-001-000 5/17/2017HouseReported Back To Judiciary - Civil Committee; 5/17/2017HouseDo Pass / Short Debate Judiciary - Civil Committee; 008-000-000 5/17/2017HousePlaced on Calendar 2nd Reading - Short Debate 5/18/2017HouseSecond Reading - Short Debate 5/18/2017HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/19/2017HouseThird Reading - Short Debate - Passed 099-000-000 5/19/2017SenatePassed Both Houses 6/16/2017SenateSent to the Governor 8/11/2017SenateGovernor Approved 8/11/2017SenateEffective Date January 1, 2018 8/11/2017SenatePublic Act . . . . . . . . . 100-0102