FLOWERS-FEIGENHOLTZ-SCOTT-DART, HOWARD, KENNER AND SILVA. New Act 30 ILCS 105/5.449 new 815 ILCS 705/40 from Ch. 121 1/2, par. 1740 Creates the Minority and Female Franchise Equity Investment Act. Authorizes the Attorney General to administer a program of financial assistance to enable minority and female owned businesses to purchase franchises. Amends the Franchise Disclosure Act of 1987 to increase certain franchise fees. Amends the State Finance Act to create the necessary special fund within the State treasury. CORRECTIONAL NOTE Minimal fiscal and prison population impact on DOC. FISCAL NOTE (Attorney General) A separate bureau would require an annual budget of $727,651 initially. Subsequent supplemental funding would be necessary as revenues generated would be insufficient for full funding. HOUSE AMENDMENT NO. 1. Deletes reference to: 30 ILCS 105/5.449 new Deletes everything. Creates the Minority and Female Franchise Investment Act. Provides that the Director of Commerce and Community Affairs shall administer a program to encourage the development of franchises by minorities and women. Sets the powers and duties of the Director with respect to the program. Sets qualifications for persons participating in the program. Creates the Illinois Franchise Trust Fund to make loans to qualifying persons. Contains other provisions. Amends the Franchise Disclosure Act of 1987 to increase certain franchise fees. STATE MANDATES FISCAL NOTE, H-AM 1 HB621, amended by H-am 1, fails to create a State mandate. HOME RULE NOTE, H-AM 1 HB621, amended by H-am 1, fails to preempt home rule authority. FISCAL NOTE, H-AM 1 (DCCA) Fiscal impact cannot be determined at this time. 97-02-06 H FIRST READING 97-02-06 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-10 H ASSIGNED TO COMMITTEE STATE GOV ADM 97-02-19 H ADDED AS A JOINT SPONSOR FEIGENHOLTZ 97-03-07 H ADDED AS A CO-SPONSOR HOWARD 97-03-17 H CORRECTIONAL NOTE FILED 97-03-17 H COMMITTEE STATE GOV ADM 97-03-18 H FISCAL NOTE FILED 97-03-18 H COMMITTEE STATE GOV ADM 97-03-21 H DO PASS/SHORT DEBATE 010-002-000 HSGE 97-03-21 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-03-21 H FISCAL NOTE REQUESTED AS AMENDED 97-03-21 H STATE MANDATES FISCAL NOTE REQUESTED AS AMENDED 97-03-21 H HOME RULE NOTE REQUESTED AS AMENDED 97-03-21 H STEPHENS 97-03-21 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-09 H SECOND READING-SHORT DEBATE 97-04-09 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-04-10 H RECALLED TO SECOND READING-SHORT DEBATE 97-04-10 H AMENDMENT NO. 01-FLOWERS 97-04-10 H AMENDMENT REFERRED TO HRUL 97-04-10 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-04-11 H AMENDMENT NO. 01-FLOWERS 97-04-11 H RULES REFERS TO HSGE 97-04-11 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-04-12 H AMENDMENT NO. 01-FLOWERS 97-04-12 H BE ADOPTED HSGE/011-000-000 97-04-12 H FISCAL NOTE REQUESTED AS AMENDED/CLAYTON 97-04-12 H AMENDMENT NO. 01-FLOWERS 97-04-12 H ADOPTED 97-04-12 H FISCAL NOTE REQUESTED AS AMENDED/BLACK 97-04-12 H STATE MANDATES FISCAL NOTE REQUESTED AS AMENDED/BLACK 97-04-12 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-04-15 H STATE MANDATES FISCAL NOTE FILED AS AMENDED 97-04-15 H HOME RULE NOTE FILED AS AMENDED 97-04-15 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-04-15 H ADDED AS A CO-SPONSOR SCOTT 97-04-15 H ADDED AS A CO-SPONSOR DART 97-04-15 H ADDED AS A CO-SPONSOR KENNER 97-04-15 H ADDED AS A CO-SPONSOR SILVA 97-04-16 H FISCAL NOTE FILED AS AMENDED 97-04-16 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-04-17 H AMENDMENT NO. 02-FLOWERS 97-04-17 H AMENDMENT REFERRED TO HRUL 97-04-17 H AMENDMENT NO. 02-FLOWERS 97-04-17 H BE ADOPTED HRUL 97-04-17 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 97-04-19 H AMENDMENT NO. 02-FLOWERS 97-04-19 H VERIFIED 97-04-19 H LOST 050-051-000 97-04-19 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-04-25 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary