CURRIE. New Act Creates the Illinois Fair Bargain Act of 2001. Provides that a clause in a standard form contract or lease that modifies or limits procedural rights necessary or useful to a consumer, borrower, tenant, or employee in the enforcement of substantive rights against a party drafting the standard form contractor lease is unconscionable and is voidable by the consumer, borrower, tenant, or employee. Provides that a court, upon request of a party to the contract or lease, must declare void such a provision and prohibit the enforcement of that provision. Provides exemptions. JUDICIAL NOTE (Office of the Illinois Courts) HB 573 would neither decrease nor increase the number of judges needed in the State. FISCAL NOTE (Office of the Illinois Courts) HB 573 would have no fiscal impact on the judicial branch of government. CORRECTIONAL NOTE (Department of Corrections) There would be no population or cost impact to the Department. STATE MANDATES NOTE (Dept. of Commerce & Community Affairs) In the opinion of the Department of Commerce and Community Affairs (DCCA), HB573 does not meet the definition of a State mandate under the State Mandates Act. FEB-02-2001 H FILED WITH CLERK FEB-05-2001 H FIRST READING FEB-05-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-07-2001 H ASSIGNED TO COMMITTEE JUD-CIVIL LAW FEB-08-2001 H JUDICIAL NOTE FILED FEB-08-2001 H COMMITTEE JUD-CIVIL LAW FEB-15-2001 H DO PASS/STANDARD DEBATE 007-006-000 HJUA FEB-15-2001 H PLACED CAL 2ND READING-STANDARD DEBATE FEB-16-2001 H FISCAL NOTE REQUESTED BLACK FEB-16-2001 H STATE MANDATES FISCAL NOTE REQUESTED BLACK FEB-16-2001 H CALENDAR ORDER 2ND READING-STANDARD DBT FEB-22-2001 H FISCAL NOTE FILED FEB-22-2001 H CALENDAR ORDER 2ND READING-STANDARD DBT MAR-05-2001 H CORRECTIONAL NOTE FILED MAR-05-2001 H CALENDAR ORDER 2ND READING-STANDARD DBT MAR-08-2001 H STATE MANDATES FISCAL NOTE FILED MAR-08-2001 H CALENDAR ORDER 2ND READING-STANDARD DBT APR-04-2001 H SECOND READING-STANDARD DEBATE APR-04-2001 H HELD CAL ORDER 2ND READING-STANDARD DBT APR-06-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary