SB2082 97TH GENERAL ASSEMBLY

LRB097 10307 HLH 50513 b

97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB2082

Introduced 2/10/2011, by Sen. Carole Pankau

SYNOPSIS AS INTRODUCED:

20 ILCS 605/605-1010 new

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department shall issue a quarterly report to the Commerce Committee of the Illinois Senate detailing the number of new businesses incorporating or otherwise forming in Illinois, the number of businesses not seeking renewal of their registration or having lapsed registration in Illinois, and the number of businesses renewing registrations in Illinois. Effective immediately.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning State government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois is amended by adding Section 605-1010 as follows:

(20 ILCS 605/605-1010 new)

Sec. 605-1010. Quarterly business report. The Department shall issue a quarterly report to the Commerce Committee of the Illinois Senate detailing the number of new businesses incorporating or otherwise forming in Illinois, the number of businesses not seeking renewal of their registration or having lapsed registration in Illinois, and the number of businesses renewing registrations in Illinois. The Department shall obtain any information necessary to create this report from the office of the Secretary of State.

Section 99. Effective date. This Act takes effect upon becoming law.