100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB2432
 
Introduced , by Rep. Mark Batinick
 
SYNOPSIS AS INTRODUCED:
 

 
See Index

     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 Adds saving provisions for the Sections repealed by the amendatory Act.
  


LRB100 09051 JLS 19200 b

FISCAL NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB2432LRB100 09051 JLS 19200 b


  
1    AN ACT concerning business.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Franchise Disclosure Act of 1987 is amended  
5by 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 
9of franchises is a widespread business activity.
Illinois 
10residents have suffered substantial losses where franchisors 
11or
their representatives have not provided full and complete 
12information
regarding the franchisor-franchisee relationship, 
13the details of the
contract between the franchisor and 
14franchisee, the prior business experience
of the franchisor and 
15other factors relevant to the franchise offered for sale.

16    (2) It is the intent of this Act: (a) to provide each 
17prospective
franchisee with the information necessary to make 
18an intelligent decision
regarding franchises being offered for 
19sale; and (b) to protect the
franchisee and the franchisor by 
20providing a better understanding of the
business and the legal 
21relationship between the franchisee and the franchisor.

22    (3) The General Assembly finds and declares that the 
23enforceability of federal franchise guidelines in Illinois is 
 
 
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1an essential element in the protection of the franchisor and 
2franchisee 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 
6right, claim,
penalty, offense or punishment existing under The 
7Franchise Disclosure Act
prior to the date this Act takes 
8effect.  This Act shall apply only to
actions undertaken on and 
9subsequent to the date this Act takes effect as
well as to all 
10resulting rights, claims, penalties, offenses and punishment.

11    This amendatory Act of the 100th General Assembly does not 
12abolish any right, claim, penalty, offense, or punishment 
13existing prior to the effective date of this amendatory Act of 
14the 100th General Assembly under the provisions repealed by 
15this 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  
4by repealing Sections 4, 5, 6, 7, 8, 9, 10, 11, 12, 14, 15, 16, 
517, 18, 19, 20, 22, 23, 24, 25, 26, 27, 28, 29, 31, 32, 33, 34, 
635, 36, 37, 38, 39, 41, 42, and 43.
  

                                               
 
 
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1
									INDEX
								
2
									Statutes amended in order of appearance
								
3    815 ILCS 705/2from Ch. 121 1/2, par. 1702
4    815 ILCS 705/44from 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.