HB0122 96TH GENERAL ASSEMBLY

LRB096 03684 KTG 13713 b

96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB0122

Introduced 1/14/2009, by Rep. Lou Lang

SYNOPSIS AS INTRODUCED:

815 ILCS 413/20

Amends the Telephone Solicitations Act. Makes a technical change in a Section concerning exemptions.

A BILL FOR

AN ACT concerning business.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Telephone Solicitations Act is amended by changing Section 20 as follows:

(815 ILCS 413/20)

Sec. 20. Exemptions.

(a) Except as provided in subsection (b), the the provisions of this Act shall not apply to telephone calls made by an autodialer. The provisions of this Act do not apply to telephone calls made by a person who is a registered dealer, registered investment adviser, or registered salesperson under Section 8 of the Illinois Securities Law of 1953 or who is registered as a broker-dealer, registered representative, or salesperson of a broker-dealer under the federal securities laws, when performing acts within the scope of that registration.

(b) Notwithstanding the provisions of subsection (a), all telephone calls must be made in compliance with the requirements of subsection (c) of Section 15.

(Source: P.A. 91-182, eff. 1-1-00.)