Full Text of HB4724 102nd General Assembly
HB4724ham002 102ND GENERAL ASSEMBLY | Rep. Kelly M. Burke Filed: 2/28/2022
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| 1 | | AMENDMENT TO HOUSE BILL 4724
| 2 | | AMENDMENT NO. ______. Amend House Bill 4724 by replacing | 3 | | everything after the enacting clause with the following:
| 4 | | "Section 5. The University Credit and Retail Sales Act is | 5 | | amended by changing Section 1 as follows:
| 6 | | (110 ILCS 115/1) (from Ch. 144, par. 252)
| 7 | | Sec. 1. Prohibition; exceptions.
| 8 | | (a) The governing board of a State institution of higher | 9 | | learning
may not permit or authorize a retail store carrying | 10 | | any line of general
merchandise to be operated by that | 11 | | institution or to be operated on property
held or leased for | 12 | | the use of the institution when such an operation can
| 13 | | reasonably be expected to be in competition with private | 14 | | retail merchants
in the community, unless the goods sold by | 15 | | that store are unavailable in
quantities sufficient to meet | 16 | | the reasonably expected student demand, are
unavailable on a |
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| 1 | | year round basis or were commonly sold by the institution
or on | 2 | | such property before January 1, 1980. The governing board of a | 3 | | State
institution of higher learning also may not permit or | 4 | | authorize any person
to conduct a business of selling goods, | 5 | | services, or a combination thereof
to the general public on | 6 | | property held or leased for the use of the
institution when | 7 | | such an operation can reasonably be expected to be in
| 8 | | competition with private retail merchants in the community | 9 | | unless such
merchants have the opportunity to compete for the | 10 | | operation of such
a business on such property. "Person" means | 11 | | an individual, corporation,
business trust, estate, trust, | 12 | | partnership, association, cooperative, or
any other legal | 13 | | entity. This Act does not prohibit the sale by such an
| 14 | | institution or on such property of items commonly sold by such | 15 | | institutions
before January 1, 1980. "Commonly sold" means | 16 | | exclusively those lines of
products sold in the regular course | 17 | | of business prior to January 1, 1980.
This Act does not | 18 | | prohibit the sale of goods which are the result of
| 19 | | technological advances since 1980 and are required for | 20 | | assignments or
classroom activities.
| 21 | | (b) The governing board of a State institution of higher | 22 | | learning may not
permit that institution , or a retail store | 23 | | operated by that institution or
operated on property held or | 24 | | leased for the use of the institution , to make
credit sales | 25 | | when the credit extended is the credit of
the retail store or | 26 | | the
institution itself. This subsection (b) does not prohibit |
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| 1 | | the retail store
from making credit sales through an | 2 | | independent
credit organization not affiliated with the | 3 | | institution or the retail store,
such as by means of a bank or | 4 | | other credit card or through the use of
a debit card issued by | 5 | | the institution or otherwise, so long as private
retail | 6 | | merchants in the community are afforded a reasonable | 7 | | opportunity to
participate in such debit card sales through | 8 | | appropriate agreements with the
institution. This subsection | 9 | | (b) does not prohibit the sale on credit to
students receiving | 10 | | financial assistance by such an institution of textbooks,
| 11 | | food, beverages, or educational items required for use in | 12 | | classroom
activities, so long as private retail merchants in | 13 | | the community are afforded
a reasonable opportunity to | 14 | | participate in such credit sales through
appropriate | 15 | | agreements with the institution. Notwithstanding any other | 16 | | provision of this subsection, the governing body of a State | 17 | | institution of higher learning may permit the institution, or | 18 | | a retail store operated by the institution or operated on | 19 | | property held or leased for the use of the institution, to | 20 | | extend credit to students for the students' purchase of course | 21 | | materials.
| 22 | | (Source: P.A. 89-407, eff. 7-1-96.)
| 23 | | Section 99. Effective date. This Act takes effect upon | 24 | | becoming law.".
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