House Sponsors: CROSS-WOOLARD. Senate Sponsors: PHILIP Short description: SOFT DRINK IND FAIR DEALING Synopsis of Bill as introduced: Amends the Franchise Disclosure Act of 1987. Requires copies of a disclosure statement and proposed franchise sale agreements to be given to a prospective franchisee at least 14 days before the prospective franchisee executes a binding franchise or other agreement or at least 14 days (rather than 14 business days) before any consideration is received. Effective immediately. SENATE AMENDMENT NO. 1. Deletes reference to: 815 ILCS 705/5 Adds reference to: New Act Deletes everything. Creates the Soft Drink Industry Fair Dealing Act. Restricts a supplier of soft drinks from taking certain actions against a soft drink distributor. Requires a supplier to provide a distributor with a notice of cancellation. Last action on Bill: PUBLIC ACT.............................. 91-0003 Last action date: 99-05-21 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status