93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5654

 

Introduced 2/6/2004, by Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
815 ILCS 705/21   from Ch. 121 1/2, par. 1721

    Amends the Franchise Disclosure Act of 1987. Makes a stylistic change in a Section concerning the creation of the Franchise Advisory Board.


LRB093 16870 RCE 42524 b

 

 

A BILL FOR

 

HB5654 LRB093 16870 RCE 42524 b

1     AN ACT concerning franchises.
 
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 Section 21 as follows:
 
6     (815 ILCS 705/21)  (from Ch. 121 1/2, par. 1721)
7     Sec. 21. Franchise Advisory Board. There is created in the
8 Office of the Administrator a Franchise Advisory Board. The
9 Franchise Advisory Board shall consist of such members as the
10 Administrator deems appropriate to advise him or her on
11 franchising and franchise related matters. The members shall be
12 persons who have knowledge and experience in franchising. The
13 members of the Franchise Advisory Board shall serve at the
14 pleasure of the Administrator. The Franchise Advisory Board
15 from time to time shall make recommendations concerning the
16 administration and enforcement of this Act. Members of the
17 Franchise Advisory Board shall serve without compensation but
18 shall be reimbursed for actual and necessary expenses incurred
19 in their official capacities. The Board shall select its own
20 chairman, establish rules and procedures, and keep a record of
21 matters transpiring at all meetings.
22 (Source: P.A. 85-551.)