Public Act 102-0781
 
HB4724 EnrolledLRB102 24591 CMG 33825 b

    AN ACT concerning education.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The University Credit and Retail Sales Act is
amended by changing Section 1 as follows:
 
    (110 ILCS 115/1)  (from Ch. 144, par. 252)
    Sec. 1. Prohibition; exceptions.
    (a) The governing board of a State institution of higher
learning may not permit or authorize a retail store carrying
any line of general merchandise to be operated by that
institution or to be operated on property held or leased for
the use of the institution when such an operation can
reasonably be expected to be in competition with private
retail merchants in the community, unless the goods sold by
that store are unavailable in quantities sufficient to meet
the reasonably expected student demand, are unavailable on a
year round basis or were commonly sold by the institution or on
such property before January 1, 1980. The governing board of a
State institution of higher learning also may not permit or
authorize any person to conduct a business of selling goods,
services, or a combination thereof to the general public on
property held or leased for the use of the institution when
such an operation can reasonably be expected to be in
competition with private retail merchants in the community
unless such merchants have the opportunity to compete for the
operation of such a business on such property. "Person" means
an individual, corporation, business trust, estate, trust,
partnership, association, cooperative, or any other legal
entity. This Act does not prohibit the sale by such an
institution or on such property of items commonly sold by such
institutions before January 1, 1980. "Commonly sold" means
exclusively those lines of products sold in the regular course
of business prior to January 1, 1980. This Act does not
prohibit the sale of goods which are the result of
technological advances since 1980 and are required for
assignments or classroom activities.
    (b) The governing board of a State institution of higher
learning may not permit that institution, or a retail store
operated by that institution or operated on property held or
leased for the use of the institution, to make credit sales
when the credit extended is the credit of the retail store or
the institution itself. This subsection (b) does not prohibit
the retail store from making credit sales through an
independent credit organization not affiliated with the
institution or the retail store, such as by means of a bank or
other credit card or through the use of a debit card issued by
the institution or otherwise, so long as private retail
merchants in the community are afforded a reasonable
opportunity to participate in such debit card sales through
appropriate agreements with the institution. This subsection
(b) does not prohibit the sale on credit to students receiving
financial assistance by such an institution of textbooks,
food, beverages, or educational items required for use in
classroom activities, so long as private retail merchants in
the community are afforded a reasonable opportunity to
participate in such credit sales through appropriate
agreements with the institution. Notwithstanding any other
provision of this subsection, the governing body of a State
institution of higher learning may permit the institution, or
a retail store operated by the institution or operated on
property held or leased for the use of the institution, to
extend credit to students for the students' purchase of course
materials.
(Source: P.A. 89-407, eff. 7-1-96.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.