Illinois General Assembly - Bill Status for HB5400
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB5400  98th General Assembly


House Sponsors
Rep. Ann Williams

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
815 ILCS 720/7from Ch. 43, par. 307

Synopsis As Introduced
Amends provisions of the Beer Industry Fair Dealing Act setting forth conditions under which a brewer shall pay reasonable compensation to a wholesaler if a brewer cancels, terminates, or fails to renew an agreement or unlawfully denies approval of, or unreasonably withholds consent to, an assignment, transfer, or sale of a wholesaler's business assets or voting stock or other equity securities, the brewer elects expedited binding arbitration, the wholesaler rejects the offer to arbitrate, and other conditions exist. Provides that a brewer shall, in good faith, make a payment of reasonable compensation to the wholesaler if the wholesaler retains a brand for 6 months (rather than 2 years) after the wholesaler rejects the offer to arbitrate and other conditions are met. Effective immediately.

DateChamber Action
  2/10/2014HouseFiled with the Clerk by Rep. Ann Williams
  2/11/2014HouseFirst Reading
  2/11/2014HouseReferred to Rules Committee
  2/27/2014HouseAssigned to Executive Committee
  3/28/2014HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

Back To Top