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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 HB3963 Introduced 2/17/2023, by Rep. Justin Slaughter SYNOPSIS AS INTRODUCED: |
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Amends the Illinois Procurement Code. Provides that for the purchase of any goods where a value-added reseller is used, the manufacturer of the goods must attest that every value-added reseller has the same discount or price from the manufacturer in order for the bid to be compliant. Effective immediately.
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| | A BILL FOR |
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| | HB3963 | | LRB103 26807 DTM 53171 b |
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1 | | AN ACT concerning finance.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Procurement Code is amended by |
5 | | adding Section 55-30 as follows: |
6 | | (30 ILCS 500/55-30 new) |
7 | | Sec. 55-30. Value-added reseller. For the purchase of any |
8 | | goods where a value-added reseller is used, the manufacturer |
9 | | of the goods must attest that every value-added reseller has |
10 | | the same discount or price from the manufacturer in order for |
11 | | the bid to be compliant.
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12 | | Section 99. Effective date. This Act takes effect upon |
13 | | becoming law.
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