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HB 2104 Illinois House · 97th 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. 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.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2011
Committee Review
Floor Vote
Governor
Introduced Feb 18, 2011 Last action Jan 8, 2013
Floor votes

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Full legislative history

Actions timeline

Total actions
13
Key actions
1
Committee
5
Amendments
1
Apr 15, 2011
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 8, 2011
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
Mar 8, 2011
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Chapin Rose
lower
Mar 2, 2011
Lower · Passed
Do Pass / Short Debate Judiciary I - Civil Law Committee; 011-000-000
lower
Feb 24, 2011
Committee
Assigned to Judiciary I - Civil Law Committee
lower
Feb 22, 2011
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

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