CURepossession

Where the repossession industry gets its news

AIR Takes the Hill in New Repo Privacy Law

Click to enlarge

A.I.R works with the Illinois General Assembly to pass landmark SB 0800“  Consumer Data Removal Act”

AIR Takes the Hill in New Repo Privacy Law

On July 28, 2023, Illinois Governor J.B. Pritzer signed SB 0800 into law. This is a landmark bill and the country’s first law related to consumer data protection with regard to repossessed vehicles. In January 2022, after listening to a zoom presentation regarding data stored in vehicles, A.I.R. board members immediately saw the need for an amendment to the current Illinois Collateral Recovery Act regarding personal property to include digital data.

A.I.R. hired lobbyist Mike Axelrod and John Ryan from GPG Strategies to assist in putting this idea into bill format. On February 2, 2023, SB 0800 was introduced to Sen. Kimberly A. Lightford, who immediately put her full support behind the bill, also seeing a need for such a law to protect the consumers of Illinois. For the next several months, key members of A.I.R. traveled to the Capital in Springfield to testify in front of several committees, including the Consumer Protection Committee, on the importance of this bill. Through the entire process SB 0800 was unanimously supported.

Click to enlarge

The Alliance of Illinois Repossessors would like to thank its members, who funded this industry first bill, the team at GPG Strategies for guiding the bill along the way, Senate Leader Kimberly A. Lightford, and Chief of the House Kam Buckner for the unanimous support from the Illinois General Assembly.

In the upcoming weeks, A.I.R. members will be developing Standard Operating Procedures to maintain compliance with the amended Illinois Collateral Recovery Act and will be communicating with the industry regarding those procedures.

To Read the bill Here!

 

About The Alliance of Illinois Repossessors

The Alliance of Illinois Repossessors is a gathering of Repossession companies that will unite for the progression of the repossession industry within our state. AIR is composed of licensed members operating repossession agencies with the State of Illinois. The purpose of this Association is to strengthen understanding between licensed Repossessors, law enforcement, financial institutions, regulatory agencies, and the consumer.

 

The Alliance of Illinois Repossessors

We are stronger together

 

AIR Takes the Hill New in New Repo Privacy Law

AIR Takes the Hill in New Repo P
AIR Takes the Hill in New Repo Privacy Law
AIR Takes the Hill in New Repo Privacy Law
AIR Takes the Hill in New Repo Privacy Law

AIR Takes the Hill in New Repo Privacy Law – Alliance of Illinois RepossessorsRepossessRepossessionRepossession AgencyRepossessor

Print Friendly, PDF & Email

Facebook Comments