Illinois Senate Bill 1692 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Passed on July 25 2012 - 100% progression
Action: 2012-07-25 - Public Act . . . . . . . . . 97-0849
Text: Latest bill text (Chaptered) [HTML]

Amends the Uniform Commercial Code. Provides that no person shall file a fraudulent financing statement and assigns civil and criminal penalties for such filings. Provides a procedure for filing a form affidavit to provide notice of a fraudulent financing statement or amendment and provides guidance for when the Secretary of State may terminate the financing statement or amendment based on the affidavit. Provides that a filing office may terminate a record under specified circumstances with notice to the filer of the financing statement or amendment. Provides several circumstances where effective filing does not occur. Effective immediately.

UCC - FRAUDULENT FINANCING

Sen. Jacqueline Collins [D]	Sen. John Cullerton [D]	Rep. Michael Zalewski [D]	Rep. Harry Ramey [R]
Rep. Louis Lang [D]	Rep. Carol Sente [D]

2012-05-30 - Senate - Concurrence in Senate (Y: 55 N: 0 NV: 4 Abs: 0) [PASS]
2012-05-30 - Senate - Concurrence in Senate (Y: 55 N: 0 NV: 4 Abs: 0) [PASS]
2012-05-22 - House - Third Reading in House (Y: 118 N: 0 NV: 0 Abs: 0) [PASS]
2011-03-31 - Senate - Third Reading in Senate (Y: 52 N: 0 NV: 7 Abs: 0) [PASS]

Date	Chamber	Action
2012-07-25	Senate	Public Act . . . . . . . . . 97-0849
2012-07-25	Senate	Effective Date January 1, 2013
2012-07-25	Senate	Governor Approved
2012-06-28	Senate	Sent to the Governor
2012-05-30	Senate	Passed Both Houses
2012-05-30	Senate	House Floor Amendment No. 4 Senate Concurs 055-000-000
2012-05-30	Senate	House Committee Amendment No. 2 Senate Concurs 055-000-000
2012-05-29	Senate	House Floor Amendment No. 4 Motion To Concur Recommended Do Adopt Financial Institutions; 007-000-000
2012-05-29	Senate	House Committee Amendment No. 2 Motion To Concur Recommended Do Adopt Financial Institutions; 007-000-000
2012-05-25	Senate	House Floor Amendment No. 4 Motion to Concur Assignments Referred to Financial Institutions
2012-05-25	Senate	House Committee Amendment No. 2 Motion to Concur Assignments Referred to Financial Institutions
2012-05-24	Senate	House Floor Amendment No. 4 Motion to Concur Referred to Assignments
2012-05-24	Senate	House Floor Amendment No. 4 Motion to Concur Filed with Secretary Sen. Jacqueline Y. Collins
2012-05-24	Senate	House Committee Amendment No. 2 Motion to Concur Referred to Assignments
2012-05-24	Senate	House Committee Amendment No. 2 Motion to Concur Filed with Secretary Sen. Jacqueline Y. Collins
2012-05-24	Senate	Added as Chief Co-Sponsor Sen. John J. Cullerton
2012-05-24	Senate	Chief Sponsor Changed to Sen. Jacqueline Y. Collins
2012-05-22	Senate	Placed on Calendar Order of Concurrence House Amendment(s) 2, 4 - May 23, 2012
2012-05-22	Senate	Secretary's Desk - Concurrence House Amendment(s) 2, 4
2012-05-22	House	House Floor Amendment No. 3 Tabled Pursuant to Rule 40
2012-05-22	House	Third Reading - Short Debate - Passed 118-000-000
2012-05-21	House	Placed on Calendar Order of 3rd Reading - Short Debate
2012-05-21	House	House Floor Amendment No. 4 Adopted by Voice Vote
2012-05-21	House	Second Reading - Short Debate
2012-05-21	House	House Floor Amendment No. 4 Recommends Be Adopted Rules Committee; 004-000-000
2012-05-16	House	House Floor Amendment No. 4 Referred to Rules Committee
2012-05-16	House	House Floor Amendment No. 4 Filed with Clerk by Rep. Michael J. Zalewski
2012-05-10	Senate	Sponsor Removed Sen. Jacqueline Y. Collins
2012-05-10	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
2012-05-08	House	House Floor Amendment No. 3 Referred to Rules Committee
2012-05-08	House	House Floor Amendment No. 3 Filed with Clerk by Rep. Michael J. Zalewski
2012-05-08	House	Added Alternate Chief Co-Sponsor Rep. Randy Ramey, Jr.
2012-05-02	House	Placed on Calendar 2nd Reading - Short Debate
2012-05-02	House	Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 010-000-000
2012-05-02	House	House Committee Amendment No. 2 Adopted in Judiciary I - Civil Law Committee; by Voice Vote
2012-05-02	House	Added Alternate Co-Sponsor Rep. Carol A. Sente
2012-05-02	House	Added Alternate Co-Sponsor Rep. Lou Lang
2012-04-30	House	House Committee Amendment No. 2 Rules Refers to Judiciary I - Civil Law Committee
2012-04-27	House	House Committee Amendment No. 2 Referred to Rules Committee
2012-04-27	House	House Committee Amendment No. 2 Filed with Clerk by Rep. Michael J. Zalewski
2012-04-25	House	Assigned to Judiciary I - Civil Law Committee
2012-04-24	Senate	Chief Sponsor Changed to Sen. John J. Cullerton
2012-04-24	House	Alternate Chief Sponsor Changed to Rep. Michael J. Zalewski
2011-05-31	House	Rule 19(a) / Re-referred to Rules Committee
2011-05-27	House	Final Action Deadline Extended-9(b) May 31, 2011
2011-05-23	House	Held on Calendar Order of Second Reading - Short Debate
2011-05-23	House	Recalled to Second Reading - Short Debate
2011-05-23	House	Placed on Calendar Order of 3rd Reading - Short Debate
2011-05-23	House	Second Reading - Short Debate
2011-05-04	House	House Committee Amendment No. 1 Tabled Pursuant to Rule 40
2011-05-04	House	Placed on Calendar 2nd Reading - Short Debate
2011-05-04	House	Do Pass / Short Debate Judiciary I - Civil Law Committee; 011-000-000
2011-04-27	House	House Committee Amendment No. 1 Rules Refers to Judiciary I - Civil Law Committee
2011-04-25	House	House Committee Amendment No. 1 Referred to Rules Committee
2011-04-25	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Kenneth Dunkin
2011-04-11	House	Assigned to Judiciary I - Civil Law Committee
2011-04-04	House	Referred to Rules Committee
2011-04-04	House	First Reading
2011-04-04	House	Chief House Sponsor Rep. Kenneth Dunkin
2011-04-04	House	Placed on Calendar Order of First Reading
2011-03-31	House	Arrived in House
2011-03-31	Senate	Third Reading - Passed; 052-000-000
2011-03-10	Senate	Placed on Calendar Order of 3rd Reading March 14, 2011
2011-03-10	Senate	Second Reading
2011-03-09	Senate	Placed on Calendar Order of 2nd Reading March 10, 2011
2011-03-09	Senate	Do Pass Criminal Law; 008-000-000
2011-03-02	Senate	Assigned to Criminal Law
2011-02-09	Senate	Referred to Assignments
2011-02-09	Senate	First Reading
2011-02-09	Senate	Filed with Secretary by Sen. A. J. Wilhelmi

Chapter	Article	Section	Citation Type	Statute Text
810	5	9-501.1	New Code	See Bill Text
810	5	9-510	Amended Code	Citation Text
810	5	9-516	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1692&GAID=11&DocTypeID=SB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/SB/09700SB1692.htm
Text	https://www.ilga.gov/legislation/97/SB/09700SB1692eng.htm
Text	https://www.ilga.gov/legislation/97/SB/09700SB1692ham001.htm
Text	https://www.ilga.gov/legislation/97/SB/09700SB1692ham002.htm
Text	https://www.ilga.gov/legislation/97/SB/09700SB1692ham003.htm
Text	https://www.ilga.gov/legislation/97/SB/09700SB1692ham004.htm
Text	https://www.ilga.gov/legislation/97/SB/09700SB1692enr.htm
Text	https://www.ilga.gov/legislation/publicacts/97/097-0849.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/97/senate/09700SB1692_03312011_035000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/97/house/09700SB1692_05222012_012000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/97/senate/09700SB1692_05302012_009001C.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/97/senate/09700SB1692_05302012_009000C.pdf