91st General Assembly
Status of SB0249
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WALSH,T.

(BUGIELSKI-BLACK)

   815 ILCS 307/10-25                                                          
   815 ILCS 307/10-115                                                         

        Amends the Illinois Business Brokers Act of 1995.  In  provisions      
   requiring  a plaintiff suing to enforce a business broker lien to name      
   as defendants  all  persons  whom  the  plaintiff  has  knowledge  are      
   interested   parties,   provides  that  the  knowledge  be  actual  or      
   constructive knowledge. In provisions authorizing  the  imposition  of      
   liens  on  the  proceeds  of  a  sale  of a business for amounts due a      
   business broker, provides that  no  lien  shall  attach  to  any  real      
   property  asset of a business until a notice of lien is filed with the      
   recorder of the county in which the real property  asset  is  located.      
   Provides  that  a  copy of that notice of lien shall be filed with the      
   Secretary of State and requires the Secretary of State  to  collect  a      
   fee for the filing.   Effective immediately.                                
          FISCAL NOTE (Secretary of State)                                     
          This legislation will have no fiscal impact on this Department.      
   99-02-09  S  FIRST READING                                                  
   99-02-09  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-02-17  S       ASSIGNED TO COMMITTEE               FIN INST              
   99-02-26  S       DO PASS                             008-000-000   SFIC    
   99-02-26  S  PLACED ON CALENDAR ORDER OF 2ND READING  99-03-02              
   99-03-02  S  SECOND READING                                                 
   99-03-02  S  PLACED ON CALENDAR ORDER OF 3RD READING  99-03-03              
   99-03-04  S  THIRD READING - PASSED                   056-000-001           
   99-03-04  H  ARRIVE IN HOUSE                                                
   99-03-04  H  PLACED CALENDAR ORDER OF FIRST READING                         
   99-03-05  H  HOUSE SPONSOR                            BUGIELSKI             
   99-03-09  H  FIRST READING                                                  
   99-03-09  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-03-19  H       ASSIGNED TO COMMITTEE               JUD-CIVIL LAW         
   99-04-15  H  DO PASS/SHORT DEBATE                     011-000-00    HJUA    
   99-04-15  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   99-04-20  H  SECOND READING-SHORT DEBATE                                    
   99-04-20  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   99-04-21  H                         FISCAL NOTE FILED                       
   99-04-21  H  CALENDAR ORDER 3RD READING-SHORT DEBATE                        
   99-04-29  H  ADDED AS A JOINT SPONSOR                 BLACK                 
   99-05-05  H  THIRD READING/SHORT DEBATE/PASSED        106-009-002           
   99-05-05  S  PASSED BOTH HOUSES                                             
   99-06-03  S  SENT TO THE GOVERNOR                                           
   99-07-20  S  GOVERNOR APPROVED                                              
   99-07-20  S                            EFFECTIVE DATE 99-07-20              
   99-07-20  S  PUBLIC ACT.............................. 91-0194               

   END OF INQUIRY 



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