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SB 3131 Illinois Senate · 96th Regular Session

BUSINESS OPP SALES-DISCLOSURES

Summary
Amends the Business Opportunity Sales Law of 1995. Provides that a required disclosure document must state that a purchaser is to be provided 14 (instead of 10) business days to review the document before signing a contract or agreement or making any payment. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2010
Committee Review
Floor Vote
Governor
Introduced Feb 8, 2010 Last action Jan 12, 2011
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
15
Key actions
3
Committee
6
Amendments
2
Jun 27, 2010
Committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
upper
Mar 3, 2010
Upper · Passed
Do Pass as Amended Judiciary; 009-000-000
upper
Mar 2, 2010
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 2, 2010
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Judiciary
upper
Feb 24, 2010
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Feb 24, 2010
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
upper
Feb 16, 2010
Committee
Assigned to Judiciary
upper
Feb 8, 2010
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.