Full Text of HB2432 100th General Assembly
HB2432 100TH GENERAL ASSEMBLY |
| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 HB2432 Introduced , by Rep. Mark Batinick SYNOPSIS AS INTRODUCED: |
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Amends the Franchise Disclosure Act of 1987. Repeals the substantive provisions of the Act except for provisions concerning findings and purposes, provisions imposing fees, and saving provisions. Adds a legislative declaration. Adds saving provisions for the Sections repealed by the amendatory Act.
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| | A BILL FOR |
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| 1 | | AN ACT concerning business.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Franchise Disclosure Act of 1987 is amended | 5 | | by changing Sections 2 and 44 as follows:
| 6 | | (815 ILCS 705/2) (from Ch. 121 1/2, par. 1702)
| 7 | | Sec. 2. Findings and purpose. | 8 | | (1) The General Assembly finds and
declares that the sale | 9 | | of franchises is a widespread business activity.
Illinois | 10 | | residents have suffered substantial losses where franchisors | 11 | | or
their representatives have not provided full and complete | 12 | | information
regarding the franchisor-franchisee relationship, | 13 | | the details of the
contract between the franchisor and | 14 | | franchisee, the prior business experience
of the franchisor and | 15 | | other factors relevant to the franchise offered for sale.
| 16 | | (2) It is the intent of this Act: (a) to provide each | 17 | | prospective
franchisee with the information necessary to make | 18 | | an intelligent decision
regarding franchises being offered for | 19 | | sale; and (b) to protect the
franchisee and the franchisor by | 20 | | providing a better understanding of the
business and the legal | 21 | | relationship between the franchisee and the franchisor.
| 22 | | (3) The General Assembly finds and declares that the | 23 | | enforceability of federal franchise guidelines in Illinois is |
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| 1 | | an essential element in the protection of the franchisor and | 2 | | franchisee relationship in Illinois. | 3 | | (Source: P.A. 85-551.)
| 4 | | (815 ILCS 705/44) (from Ch. 121 1/2, par. 1744)
| 5 | | Sec. 44.
This Act shall not be construed to repeal any | 6 | | right, claim,
penalty, offense or punishment existing under The | 7 | | Franchise Disclosure Act
prior to the date this Act takes | 8 | | effect. This Act shall apply only to
actions undertaken on and | 9 | | subsequent to the date this Act takes effect as
well as to all | 10 | | resulting rights, claims, penalties, offenses and punishment.
| 11 | | This amendatory Act of the 100th General Assembly does not | 12 | | abolish any right, claim, penalty, offense, or punishment | 13 | | existing prior to the effective date of this amendatory Act of | 14 | | the 100th General Assembly under the provisions repealed by | 15 | | this amendatory Act of the 100th General Assembly. | 16 | | (Source: P.A. 85-551.)
| 17 | | (815 ILCS 705/4 rep.)
| 18 | | (815 ILCS 705/5 rep.)
| 19 | | (815 ILCS 705/6 rep.)
| 20 | | (815 ILCS 705/7 rep.)
| 21 | | (815 ILCS 705/8 rep.)
| 22 | | (815 ILCS 705/9 rep.)
| 23 | | (815 ILCS 705/10 rep.)
| 24 | | (815 ILCS 705/11 rep.)
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| 1 | | (815 ILCS 705/12 rep.)
| 2 | | (815 ILCS 705/14 rep.)
| 3 | | (815 ILCS 705/15 rep.)
| 4 | | (815 ILCS 705/16 rep.)
| 5 | | (815 ILCS 705/17 rep.)
| 6 | | (815 ILCS 705/18 rep.)
| 7 | | (815 ILCS 705/19 rep.)
| 8 | | (815 ILCS 705/20 rep.)
| 9 | | (815 ILCS 705/22 rep.)
| 10 | | (815 ILCS 705/23 rep.)
| 11 | | (815 ILCS 705/24 rep.)
| 12 | | (815 ILCS 705/25 rep.)
| 13 | | (815 ILCS 705/26 rep.)
| 14 | | (815 ILCS 705/27 rep.)
| 15 | | (815 ILCS 705/28 rep.)
| 16 | | (815 ILCS 705/29 rep.)
| 17 | | (815 ILCS 705/31 rep.)
| 18 | | (815 ILCS 705/32 rep.)
| 19 | | (815 ILCS 705/33 rep.)
| 20 | | (815 ILCS 705/34 rep.)
| 21 | | (815 ILCS 705/35 rep.)
| 22 | | (815 ILCS 705/36 rep.)
| 23 | | (815 ILCS 705/37 rep.)
| 24 | | (815 ILCS 705/38 rep.)
| 25 | | (815 ILCS 705/39 rep.)
| 26 | | (815 ILCS 705/41 rep.)
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| 1 | | (815 ILCS 705/42 rep.)
| 2 | | (815 ILCS 705/43 rep.)
| 3 | | Section 10. The Franchise Disclosure Act of 1987 is amended | 4 | | by repealing Sections 4, 5, 6, 7, 8, 9, 10, 11, 12, 14, 15, 16, | 5 | | 17, 18, 19, 20, 22, 23, 24, 25, 26, 27, 28, 29, 31, 32, 33, 34, | 6 | | 35, 36, 37, 38, 39, 41, 42, and 43.
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INDEX
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Statutes amended in order of appearance
| | 3 | | 815 ILCS 705/2 | from Ch. 121 1/2, par. 1702 | | 4 | | 815 ILCS 705/44 | from Ch. 121 1/2, par. 1744 | | 5 | | 815 ILCS 705/4 rep. | | | 6 | | 815 ILCS 705/5 rep. | | | 7 | | 815 ILCS 705/6 rep. | | | 8 | | 815 ILCS 705/7 rep. | | | 9 | | 815 ILCS 705/8 rep. | | | 10 | | 815 ILCS 705/9 rep. | | | 11 | | 815 ILCS 705/10 rep. | | | 12 | | 815 ILCS 705/11 rep. | | | 13 | | 815 ILCS 705/12 rep. | | | 14 | | 815 ILCS 705/14 rep. | | | 15 | | 815 ILCS 705/15 rep. | | | 16 | | 815 ILCS 705/16 rep. | | | 17 | | 815 ILCS 705/17 rep. | | | 18 | | 815 ILCS 705/18 rep. | | | 19 | | 815 ILCS 705/19 rep. | | | 20 | | 815 ILCS 705/20 rep. | | | 21 | | 815 ILCS 705/22 rep. | | | 22 | | 815 ILCS 705/23 rep. | | | 23 | | 815 ILCS 705/24 rep. | | | 24 | | 815 ILCS 705/25 rep. | | | 25 | | 815 ILCS 705/26 rep. | | |
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| 1 | | 815 ILCS 705/27 rep. | | | 2 | | 815 ILCS 705/28 rep. | | | 3 | | 815 ILCS 705/29 rep. | | | 4 | | 815 ILCS 705/31 rep. | | | 5 | | 815 ILCS 705/32 rep. | | | 6 | | 815 ILCS 705/33 rep. | | | 7 | | 815 ILCS 705/34 rep. | | | 8 | | 815 ILCS 705/35 rep. | | | 9 | | 815 ILCS 705/36 rep. | | | 10 | | 815 ILCS 705/37 rep. | | | 11 | | 815 ILCS 705/38 rep. | | | 12 | | 815 ILCS 705/39 rep. | | | 13 | | 815 ILCS 705/41 rep. | | | 14 | | 815 ILCS 705/42 rep. | | | 15 | | 815 ILCS 705/43 rep. | |
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