Illinois General Assembly - Bill Status for HB4929
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 Bill Status of HB4929  100th General Assembly


House Sponsors
Rep. David A. Welter

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
820 ILCS 120/1from Ch. 48, par. 2251
820 ILCS 120/3from Ch. 48, par. 2253

Synopsis As Introduced
Amends the Sales Representative Act. Changes the definition of "principal" to mean a sole proprietorship, partnership, corporation or other business entity which offers a product or service for sale (rather than manufactures, produces, imports, or distributes a product for sale). Removes from the definition of "sales representative" a person who qualifies as an employee of a principal pursuant to the Illinois Wage Payment and Collection Act. Provides that a principal who fails to comply with certain provisions under the Act concerning timely payment or with any contractual provision concerning timely payment of commissions due upon the termination of the contract with the sales representative, shall be liable in a civil action for exemplary damages in an amount which is at least the amount of the commission owed and does not exceed 3 times the amount of the commissions owed to the sales representative (rather than which does not exceed 3 times the amount of the commissions owed to the sales representative). Effective immediately.

DateChamber Action
  2/14/2018HouseFiled with the Clerk by Rep. David A. Welter
  2/14/2018HouseFirst Reading
  2/14/2018HouseReferred to Rules Committee
  1/8/2019HouseSession Sine Die

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