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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB5307
Introduced , by Rep. Robert Rita SYNOPSIS AS INTRODUCED:
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Amends the Illinois Roofing Industry Licensing Act. Exempts an individual seeking to serve as the newly designated qualifying party of a licensee under the Act from the examination requirement if that individual has acted in the capacity of a roofing contractor for a period of at least 15 years for the licensee for which he or she seeks to be the qualifying party.
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A BILL FOR
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HB5307 |
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LRB095 18667 RAS 44757 b |
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| AN ACT concerning regulation.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Illinois Roofing Industry Licensing Act is |
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| amended by changing Section 4.5 as follows:
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| (225 ILCS 335/4.5)
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| (Section scheduled to be repealed on January 1, 2016)
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| Sec. 4.5. Duties of qualifying party; replacement. While |
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| engaged as or
named as a
qualifying party for a licensee, no |
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| person
may be the named qualifying party for any other |
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| licensee.
However, the person may act in the capacity of the |
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| qualifying party for
one additional licensee of the same type |
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| of licensure if one of the following
conditions exists:
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| (1) There is a common ownership of at least 25% of each |
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| licensed entity
for
which the person acts as a qualifying |
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| party.
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| (2) The same person acts as a qualifying party
for one |
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| licensed entity and its licensed subsidiary.
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| "Subsidiary" as used in this Section means a corporation of |
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| which at least
25% is owned by another licensee.
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| In the event that a qualifying party is terminated or |
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| terminating his or her
status
as qualifying party of a |
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| licensee, the qualifying party and the licensee shall
notify |