Bill Text: IL SB1741 | 2015-2016 | 99th General Assembly | Engrossed
Bill Title: Amends the Illinois Procurement Code. Makes a change in the Section heading to a bidder or offeror authorized to transact business or conduct affairs (now, do business). Effective July 1, 2015.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Engrossed - Dead) 2016-04-28 - Rule 19(a) / Re-referred to Rules Committee [SB1741 Detail]
Download: Illinois-2015-SB1741-Engrossed.html
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| 1 | AN ACT concerning finance.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Illinois Procurement Code is amended by | ||||||
| 5 | changing Section 20-43 as follows:
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| 6 | (30 ILCS 500/20-43) | ||||||
| 7 | Sec. 20-43. Bidder or offeror authorized to transact do | ||||||
| 8 | business or conduct affairs in Illinois. In addition to meeting | ||||||
| 9 | any other requirement of law or rule, a person (other than an | ||||||
| 10 | individual acting as a sole proprietor) may qualify as a bidder | ||||||
| 11 | or offeror under this Code only if the person is a legal entity | ||||||
| 12 | authorized to transact business or conduct affairs in Illinois | ||||||
| 13 | prior to submitting the bid, offer, or proposal.
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| 14 | (Source: P.A. 98-1076, eff. 1-1-15.)
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| 15 | Section 99. Effective date. This Act takes effect July 1, | ||||||
| 16 | 2015.
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