IL HB2104 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Summary
Amends the Business Opportunity Sales Law of 1995. Provides that a business opportunity disclosure document shall contain a statement informing the prospective purchaser that he or she will be provided 14 days (rather than 10 business days) to review the disclosure document before signing any contract or agreement or making any payment to the seller or the seller's representative. Also amends the Limited Liability Company Act. Provides that a limited liability company may be formed for the purpose of practicing medicine if, among other conditions, each member is a hospital affiliate as defined in the Hospital Licensing Act. Effective immediately.
Title
BUS OPPORTUNITY-DISCLOSURE DOC
Sponsors
Sen. Chapin Rose [R] | Rep. Dwight Kay [R] |
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | House | Session Sine Die |
2011-04-15 | House | Rule 19(a) / Re-referred to Rules Committee |
2011-04-14 | House | Held on Calendar Order of Second Reading - Short Debate |
2011-04-14 | House | Second Reading - Short Debate |
2011-04-05 | House | Added Chief Co-Sponsor Rep. Dwight Kay |
2011-03-08 | House | House Floor Amendment No. 1 Referred to Rules Committee |
2011-03-08 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Chapin Rose |
2011-03-02 | House | Placed on Calendar 2nd Reading - Short Debate |
2011-03-02 | House | Do Pass / Short Debate Judiciary I - Civil Law Committee; 011-000-000 |
2011-02-24 | House | Assigned to Judiciary I - Civil Law Committee |
2011-02-22 | House | Referred to Rules Committee |
2011-02-22 | House | First Reading |
2011-02-18 | House | Filed with the Clerk by Rep. Chapin Rose |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
805 | 180 | 1-25 | Amended Code | Citation Text |
815 | 602 | 5-35 | Amended Code | Citation Text |