100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB2432

 

Introduced , by Rep. Mark Batinick

 

SYNOPSIS AS INTRODUCED:
 
See Index

    Amends the Franchise Disclosure Act of 1987. Repeals the substantive provisions of the Act except for provisions concerning findings and purposes, provisions imposing fees, and saving provisions. Adds a legislative declaration. Adds saving provisions for the Sections repealed by the amendatory Act.


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FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB2432LRB100 09051 JLS 19200 b

1    AN ACT concerning business.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Franchise Disclosure Act of 1987 is amended
5by changing Sections 2 and 44 as follows:
 
6    (815 ILCS 705/2)  (from Ch. 121 1/2, par. 1702)
7    Sec. 2. Findings and purpose.
8    (1) The General Assembly finds and declares that the sale
9of franchises is a widespread business activity. Illinois
10residents have suffered substantial losses where franchisors
11or their representatives have not provided full and complete
12information regarding the franchisor-franchisee relationship,
13the details of the contract between the franchisor and
14franchisee, the prior business experience of the franchisor and
15other factors relevant to the franchise offered for sale.
16    (2) It is the intent of this Act: (a) to provide each
17prospective franchisee with the information necessary to make
18an intelligent decision regarding franchises being offered for
19sale; and (b) to protect the franchisee and the franchisor by
20providing a better understanding of the business and the legal
21relationship between the franchisee and the franchisor.
22    (3) The General Assembly finds and declares that the
23enforceability of federal franchise guidelines in Illinois is

 

 

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1an essential element in the protection of the franchisor and
2franchisee relationship in Illinois.
3(Source: P.A. 85-551.)
 
4    (815 ILCS 705/44)  (from Ch. 121 1/2, par. 1744)
5    Sec. 44. This Act shall not be construed to repeal any
6right, claim, penalty, offense or punishment existing under The
7Franchise Disclosure Act prior to the date this Act takes
8effect. This Act shall apply only to actions undertaken on and
9subsequent to the date this Act takes effect as well as to all
10resulting rights, claims, penalties, offenses and punishment.
11    This amendatory Act of the 100th General Assembly does not
12abolish any right, claim, penalty, offense, or punishment
13existing prior to the effective date of this amendatory Act of
14the 100th General Assembly under the provisions repealed by
15this amendatory Act of the 100th General Assembly.
16(Source: P.A. 85-551.)
 
17    (815 ILCS 705/4 rep.)
18    (815 ILCS 705/5 rep.)
19    (815 ILCS 705/6 rep.)
20    (815 ILCS 705/7 rep.)
21    (815 ILCS 705/8 rep.)
22    (815 ILCS 705/9 rep.)
23    (815 ILCS 705/10 rep.)
24    (815 ILCS 705/11 rep.)

 

 

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1    (815 ILCS 705/12 rep.)
2    (815 ILCS 705/14 rep.)
3    (815 ILCS 705/15 rep.)
4    (815 ILCS 705/16 rep.)
5    (815 ILCS 705/17 rep.)
6    (815 ILCS 705/18 rep.)
7    (815 ILCS 705/19 rep.)
8    (815 ILCS 705/20 rep.)
9    (815 ILCS 705/22 rep.)
10    (815 ILCS 705/23 rep.)
11    (815 ILCS 705/24 rep.)
12    (815 ILCS 705/25 rep.)
13    (815 ILCS 705/26 rep.)
14    (815 ILCS 705/27 rep.)
15    (815 ILCS 705/28 rep.)
16    (815 ILCS 705/29 rep.)
17    (815 ILCS 705/31 rep.)
18    (815 ILCS 705/32 rep.)
19    (815 ILCS 705/33 rep.)
20    (815 ILCS 705/34 rep.)
21    (815 ILCS 705/35 rep.)
22    (815 ILCS 705/36 rep.)
23    (815 ILCS 705/37 rep.)
24    (815 ILCS 705/38 rep.)
25    (815 ILCS 705/39 rep.)
26    (815 ILCS 705/41 rep.)

 

 

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1    (815 ILCS 705/42 rep.)
2    (815 ILCS 705/43 rep.)
3    Section 10. The Franchise Disclosure Act of 1987 is amended
4by repealing Sections 4, 5, 6, 7, 8, 9, 10, 11, 12, 14, 15, 16,
517, 18, 19, 20, 22, 23, 24, 25, 26, 27, 28, 29, 31, 32, 33, 34,
635, 36, 37, 38, 39, 41, 42, and 43.

 

 

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1 INDEX
2 Statutes amended in order of appearance
3    815 ILCS 705/2from Ch. 121 1/2, par. 1702
4    815 ILCS 705/44from Ch. 121 1/2, par. 1744
5    815 ILCS 705/4 rep.
6    815 ILCS 705/5 rep.
7    815 ILCS 705/6 rep.
8    815 ILCS 705/7 rep.
9    815 ILCS 705/8 rep.
10    815 ILCS 705/9 rep.
11    815 ILCS 705/10 rep.
12    815 ILCS 705/11 rep.
13    815 ILCS 705/12 rep.
14    815 ILCS 705/14 rep.
15    815 ILCS 705/15 rep.
16    815 ILCS 705/16 rep.
17    815 ILCS 705/17 rep.
18    815 ILCS 705/18 rep.
19    815 ILCS 705/19 rep.
20    815 ILCS 705/20 rep.
21    815 ILCS 705/22 rep.
22    815 ILCS 705/23 rep.
23    815 ILCS 705/24 rep.
24    815 ILCS 705/25 rep.
25    815 ILCS 705/26 rep.

 

 

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1    815 ILCS 705/27 rep.
2    815 ILCS 705/28 rep.
3    815 ILCS 705/29 rep.
4    815 ILCS 705/31 rep.
5    815 ILCS 705/32 rep.
6    815 ILCS 705/33 rep.
7    815 ILCS 705/34 rep.
8    815 ILCS 705/35 rep.
9    815 ILCS 705/36 rep.
10    815 ILCS 705/37 rep.
11    815 ILCS 705/38 rep.
12    815 ILCS 705/39 rep.
13    815 ILCS 705/41 rep.
14    815 ILCS 705/42 rep.
15    815 ILCS 705/43 rep.