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SB 2508 Illinois Senate · 96th Regular Session

BUS OPPORTUNITY-DISCLOSURE DOC

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. Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
Mar 2010
Committee Review
Mar 2010
Senate Passage
Mar 2010
House Passage
Governor
Introduced Mar 18, 2010 Last action Jan 12, 2011
Floor votes · Senate Mar 18, 2010

How they voted

53–0
Passed · 3 other
Total votes 56
Mar 18, 2010
D Democratic35
34 Yea 1
97% Yea
R Republican21
19 Yea 2
90% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
26
Key actions
3
Committee
5
Amendments
4
Mar 18, 2010
Committee
Referred to Rules Committee
lower
Mar 18, 2010
Introduced
Arrived in House
lower
Mar 18, 2010
Upper · Passed
Senate Floor Amendment No. 1 Adopted; McCarter-Dillard
upper
Mar 18, 2010
Senate · Passed
Senate Vote: pass (53-0-3)
senate
Mar 16, 2010
Introduced
Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 009-000-000
upper
Mar 16, 2010
Introduced
Senate Floor Amendment No. 1 Assignments Refers to Judiciary
upper
Mar 12, 2010
Committee
Senate Floor Amendment No. 1 Referred to Assignments
upper
Mar 12, 2010
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Kyle McCarter; -Dillard
upper
Feb 17, 2010
Upper · Passed
Do Pass Judiciary; 010-000-000
upper
Feb 10, 2010
Committee
Assigned to Judiciary
upper
Jan 6, 2010
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.