IL HB4929 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Sales Representative Act. Changes the definition of "principal" to mean a sole proprietorship, partnership, corporation or other business entity which offers a product or service for sale (rather than manufactures, produces, imports, or distributes a product for sale). Removes from the definition of "sales representative" a person who qualifies as an employee of a principal pursuant to the Illinois Wage Payment and Collection Act. Provides that a principal who fails to comply with certain provisions under the Act concerning timely payment or with any contractual provision concerning timely payment of commissions due upon the termination of the contract with the sales representative, shall be liable in a civil action for exemplary damages in an amount which is at least the amount of the commission owed and does not exceed 3 times the amount of the commissions owed to the sales representative (rather than which does not exceed 3 times the amount of the commissions owed to the sales representative). Effective immediately.
Title
SALES REPRESENTATIVE ACT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-01-08 | House | Session Sine Die |
2018-02-14 | House | Referred to Rules Committee |
2018-02-14 | House | First Reading |
2018-02-14 | House | Filed with the Clerk by Rep. David A. Welter |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
820 | 120 | 1 | Amended Code | Citation Text |
820 | 120 | 3 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4929&GAID=14&DocTypeID=HB&SessionID=91&GA=100 |
Text | https://www.ilga.gov/legislation/100/HB/10000HB4929.htm |