95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB2648

 

Introduced 2/26/2007, by Rep. Michael J. Madigan - Barbara Flynn Currie

 

SYNOPSIS AS INTRODUCED:
 
815 ILCS 705/21   from Ch. 121 1/2, par. 1721

    Amends the Franchise Disclosure Act of 1987. Makes a technical change in a Section concerning the creation of the Franchise Advisory Board.


LRB095 00873 LCT 20875 b

 

 

A BILL FOR

 

HB2648 LRB095 00873 LCT 20875 b

1     AN ACT concerning business.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Franchise Disclosure Act of 1987 is amended
5 by changing Section 21 as follows:
 
6     (815 ILCS 705/21)  (from Ch. 121 1/2, par. 1721)
7     Sec. 21. Franchise Advisory Board. There is created in the
8 the Office of the Administrator a Franchise Advisory Board. The
9 Franchise Advisory Board shall consist of such members as the
10 Administrator deems appropriate to advise him on franchising
11 and franchise related matters. The members shall be persons who
12 have knowledge and experience in franchising. The members of
13 the Franchise Advisory Board shall serve at the pleasure of the
14 Administrator. The Franchise Advisory Board from time to time
15 shall make recommendations concerning the administration and
16 enforcement of this Act. Members of the Franchise Advisory
17 Board shall serve without compensation but shall be reimbursed
18 for actual and necessary expenses incurred in their official
19 capacities. The Board shall select its own chairman, establish
20 rules and procedures, and keep a record of matters transpiring
21 at all meetings.
22 (Source: P.A. 85-551.)