Bill Amendment: IL SB0996 | 2019-2020 | 101st General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: BREWER-AGREEMENT-WHOLESALER
Status: 2021-01-13 - Session Sine Die [SB0996 Detail]
Download: Illinois-2019-SB0996-Senate_Amendment_001.html
Bill Title: BREWER-AGREEMENT-WHOLESALER
Status: 2021-01-13 - Session Sine Die [SB0996 Detail]
Download: Illinois-2019-SB0996-Senate_Amendment_001.html
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| 1 | AMENDMENT TO SENATE BILL 996
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 996 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
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| 4 | "Section 5. The Beer Industry Fair Dealing Act is amended | ||||||
| 5 | by changing Section 3 as follows:
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| 6 | (815 ILCS 720/3) (from Ch. 43, par. 303)
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| 7 | Sec. 3. Termination and notice of cancellation.
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| 8 | (1) Except as provided in subsection (3) of this Section, | ||||||
| 9 | no brewer or
beer wholesaler may cancel, fail to renew, or | ||||||
| 10 | otherwise terminate an
agreement unless the brewer or | ||||||
| 11 | wholesaler furnishes prior notification to
the affected party | ||||||
| 12 | in accordance with subsection (2).
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| 13 | (2) The notification required under subsection (1) shall be | ||||||
| 14 | in writing
and sent to the affected party by certified mail not | ||||||
| 15 | less than 90 days before
the date on which the agreement will | ||||||
| 16 | be cancelled, not renewed, or otherwise
terminated. The | ||||||
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| 1 | notification shall contain (a) a statement of intention
to | ||||||
| 2 | cancel, failure to renew, or otherwise terminate an agreement, | ||||||
| 3 | (b) a
complete statement of reasons therefor therefore, | ||||||
| 4 | including all data and
documentation necessary to fully apprise | ||||||
| 5 | the wholesaler of the reasons for
the action, and (c) the date | ||||||
| 6 | on which the action shall take effect.
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| 7 | (3) A brewer may cancel, fail to renew, or otherwise | ||||||
| 8 | terminate an agreement
without furnishing any prior | ||||||
| 9 | notification for any of the following reasons:
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| 10 | (A) Wholesaler's failure to pay any account when due | ||||||
| 11 | and upon demand by
the brewer for such payment, in | ||||||
| 12 | accordance with agreed payment terms.
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| 13 | (B) Wholesaler's assignment for the benefit of | ||||||
| 14 | creditors, or similar
disposition, of substantially all of | ||||||
| 15 | the assets of such party's business.
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| 16 | (C) Insolvency of wholesaler, or the institution of | ||||||
| 17 | proceedings in
bankruptcy by or against the wholesaler.
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| 18 | (D) Dissolution or liquidation of the wholesaler.
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| 19 | (E) Wholesaler's conviction of, or plea of guilty or no | ||||||
| 20 | contest, to a
charge of violating a law or regulation, in | ||||||
| 21 | this State which materially
and adversely affects the | ||||||
| 22 | ability of either party to continue to sell beer
in this | ||||||
| 23 | State, or, unless otherwise provided by agreement, the | ||||||
| 24 | revocation or suspension of a license or permit to
sell | ||||||
| 25 | beer in this State for a period of not less than 30 days | ||||||
| 26 | which has a material and adverse effect on the wholesaler's | ||||||
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| 1 | ability to sell beer in this State.
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| 2 | (F) Any attempted transfer of business assets of the | ||||||
| 3 | wholesaler, voting
stock of the wholesaler, voting stock of | ||||||
| 4 | any parent corporation of the
wholesaler, or any change in | ||||||
| 5 | the beneficial ownership or control of any
entity without | ||||||
| 6 | obtaining the prior consent or approval as provided for | ||||||
| 7 | under
Section 6 unless the brewer neither approves, | ||||||
| 8 | consents to, nor objects to the
transfer within 60 days | ||||||
| 9 | after receiving all requested information from the
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| 10 | wholesaler regarding the proposed purchase, in which event | ||||||
| 11 | the brewer shall be
deemed to have consented to the | ||||||
| 12 | proposed transaction.
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| 13 | (G) Fraudulent conduct by the wholesaler in its | ||||||
| 14 | dealings with the brewer.
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| 15 | (Source: P.A. 88-410; revised 10-9-18.)
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| 16 | Section 99. Effective date. This Act takes effect upon | ||||||
| 17 | becoming law.".
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