91st General Assembly
Status of SB0749
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CULLERTON AND DELEO.

(SCOTT-WAIT)

   815 ILCS 307/10-105                                                         
   815 ILCS 307/10-115                                                         

        Amends the Illinois Business Brokers Act of 1995.  Makes the  Act      
   applicable    when the person engaged or sought to be engaged as (now,      
   by) the business broker is  domiciled in  Illinois.  Provides  that  a      
   business  broker  lien  is  enforceable only against tangible property      
   located in this State. Requires that a notice of lien  be  filed  with      
   the  Secretary  of  State,  as    to  personal  property, and with the      
   recorder of the county in which the property is located,  as  to  real      
   property (now, all notices of lien must be filed with the Secretary of      
   State).   Makes other changes concerning business broker liens.             
        SENATE AMENDMENT NO. 1.                                                
        Provides that the Illinois Business Brokers Act of  1995  applies      
   only when the person engaging or seeking to engage the business broker      
   (rather  than  the  person  engaged  or  sought  to  be engaged as the      
   business broker) is domiciled in this State.  Provides that it is  the      
   purchaser's  or seller's assets "of the business" against which a lien      
   must be filed in provisions concerning a release  or  satisfaction  of      
   the  lien.  Provides that a prior recorded lien having priority over a      
   broker's lien includes a  prior  recorded  lien  perfected  under  the      
   Uniform Commercial Code.  Makes other changes.                              
        HOUSE AMENDMENT NO. 1.                                                 
          Adds reference to:                                                   
          815 ILCS 307/10-25                                                   
        Deletes everything.  Amends the Illinois Business Brokers Act  of      
   1995.    Makes  the  same  amendatory  changes  as the engrossed bill,      
   except: (1) adds requirement that the Secretary of  State  impose  and      
   collect  fees  for filing a notice of lien with the Secretary of State      
   under the Act; (2) changes provisions concerning attachment of a lien,      
   and provides that a lien does not attach unless and until the business      
   broker is otherwise entitled to a fee or commission  under  a  written      
   contract and files a notice of lien; and (3) makes other changes.           
   99-02-24  S  FIRST READING                                                  
   99-02-24  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-02-24  S       ASSIGNED TO COMMITTEE               JUDICIARY             
   99-03-03  S       TO SUBCOMMITTEE                                           
   99-03-17  S       DO PASS                             010-000-000   SJUD    
   99-03-17  S  PLACED ON CALENDAR ORDER OF 2ND READING  99-03-18              
   99-03-17  S  FILED WITH SECRETARY                                           
   99-03-17  S                             AMENDMENT NO. 01-CULLERTON          
   99-03-17  S                     AMENDMENT REFERRED TO SRUL                  
   99-03-19  S                             AMENDMENT NO. 01-CULLERTON          
   99-03-19  S                           RULES REFERS TO SJUD                  
   99-03-23  S                             AMENDMENT NO. 01-CULLERTON          
   99-03-23  S                                BE ADOPTED SJUD/006-000-000      
   99-03-24  S  SECOND READING                                                 
   99-03-24  S                             AMENDMENT NO. 01-CULLERTON          
   99-03-24  S                                   ADOPTED                       
   99-03-24  S  PLACED ON CALENDAR ORDER OF 3RD READING  99-03-25              
   99-03-24  S  ADDED AS A CO-SPONSOR                    DELEO                 
   99-03-25  S  THIRD READING - PASSED                   057-000-000           
   99-03-26  H  ARRIVE IN HOUSE                                                
   99-03-26  H  HOUSE SPONSOR                            SCOTT                 
   99-03-26  H  FIRST READING                                                  
   99-03-26  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-04-14  H       ASSIGNED TO COMMITTEE               JUD-CIVIL LAW         
   99-04-20  H  ADDED AS A JOINT SPONSOR                 WAIT                  
   99-04-21  H  DO PASS/SHORT DEBATE                     010-000-000   HJUA    
   99-04-21  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   99-05-05  H                             AMENDMENT NO. 01-SCOTT              
   99-05-05  H                     AMENDMENT REFERRED TO HRUL                  
   99-05-05  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   99-05-11  H                             AMENDMENT NO. 01-SCOTT              
   99-05-11  H  RECOMMENDS BE ADOPTED                    HRUL/003-002-000      
   99-05-11  H  SECOND READING-SHORT DEBATE                                    
   99-05-11  H                             AMENDMENT NO. 01-SCOTT              
   99-05-11  H                                   ADOPTED                       
   99-05-11  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   99-05-12  H  THIRD READING/SHORT DEBATE/PASSED        117-000-000           
   99-05-12  S  SECRETARYS DESK - CONCURRENCE            01                    
   99-05-14  S  FILED WITH SECRETARY                                           
   99-05-14  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/CULLERTON          
   99-05-14  S                     AMENDMENT REFERRED TO SRUL                  
   99-05-17  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/CULLERTON          
   99-05-17  S                           RULES REFERS TO SJUD                  
   99-05-18  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/CULLERTON          
   99-05-18  S                                BE ADOPTED SJUD/008-000-000      
   99-05-18  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/CULLERTON          
   99-05-18  S  SEN CONCURS IN HSE AMENDMENTS (NO.)      01/059-000-000        
   99-05-18  S  PASSED BOTH HOUSES                                             
   99-06-16  S  SENT TO THE GOVERNOR                                           
   99-08-13  S  GOVERNOR APPROVED                                              
   99-08-13  S                            EFFECTIVE DATE 00-01-01              
   99-08-13  S  PUBLIC ACT.............................. 91-0534               

   END OF INQUIRY 



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