Amends the Illinois Securities Law of 1953. Creates an exemption from certain filing and registration requirements under the Act for intrastate securities offerings that meet certain conditions, including that (1) the offering meets all of the requirements of the federal exemption for intrastate offerings provided under the Securities Act of 1933; (2) the aggregate purchase price of all securities sold by an issuer within any 12-month period does not exceed: (i) $3,000,000; or (ii) $5,000,000 if the issuer has undergone and made available certain financial statements to specified persons; and (3) the aggregate amount sold to any purchaser in an offering of securities made within any consecutive 12-month period does not exceed certain monetary limitations. Provides that an issuer may make an offering or sale of securities through the use of one or more qualified Internet portals, subject to certain requirements, including that (i) the Internet portal shall at all times be owned by a corporation or other legal entity which is either organized under the laws of, or is otherwise qualified to do business in, this State; (ii) the Internet portal shall establish and maintain commercially reasonable measures to limit access to any information concerning an offering or sale of the subject securities to residents of this State; and (iii) the Internet portal shall establish and maintain a secure method of communication through the Internet portal itself that will permit potential investors to communicate with one another and with representatives of the issuer about the offering. Requires the Secretary of State to collect a $100 fee for securities offered or sold under the exemption created under this amendatory Act; and a $300 fee for the registration and renewal of a qualified Internet portal. Defines terms.
Sponsored bills
Amends the Illinois Library System Act. Provides that the definition of "area served" for the purposes of making and expending annual Library System grants means the area that lies within the geographic boundaries of the library system as approved by the State Librarian. Provides that grant funding awarded to a library system may also be expended for the provision of services to members of other library systems if such an expenditure is included in a library system's plan of service and approved by the State Librarian. Provides that if moneys appropriated for grants exceed or fail to meet the $1.25 per capita amount for the population of the area served by a qualifying public library, the funding shall be increased or decreased pro rata so that qualifying public libraries receive the same amount in excess of or less than the $1.25 per capita amount. Effective July 1, 2015.
Amends the Illinois Vehicle Code. Provides that no person shall drive a motor vehicle and meet or overtake from either direction a stopped waste service vehicle at a speed in excess of 15 miles per hour. Provides for the circumstances in which the 15 mile per hour speed limitation on passing waste service vehicles shall apply. Makes a violation of this Section a petty offense with a minimum fine of $150. Imposes a fine of not less than $300 but no more than $1,000, or confinement in jail for not more than one year, or both, for a violation resulting in serious injury or death to a waste service vehicle worker. Defines the term, "waste service vehicle".
Mourns the death of Ann Marie Mulvey of Crest Hill.
Mourns the death of Thomas R. Williams of Joliet.
Mourns the death of Anthony "Tony" Paul Uremovic of Joliet.
Mourns the death of John L. Davis.
Mourns the death of John "Jack" Kerwin.
Mourns the death of Gloria Krall Liewellyn of Joliet.
Mourns the death of Mildred F. Pucel of Shorewood.