|
| | 10200HB4724ham001 | - 2 - | LRB102 24591 RJT 36233 a |
|
|
| 1 | | year round basis or were commonly sold by the institution
or on |
| 2 | | such property before January 1, 1980. The governing board of a |
| 3 | | State
institution of higher learning also may not permit or |
| 4 | | authorize any person
to conduct a business of selling goods, |
| 5 | | services, or a combination thereof
to the general public on |
| 6 | | property held or leased for the use of the
institution when |
| 7 | | such an operation can reasonably be expected to be in
|
| 8 | | competition with private retail merchants in the community |
| 9 | | unless such
merchants have the opportunity to compete for the |
| 10 | | operation of such
a business on such property. "Person" means |
| 11 | | an individual, corporation,
business trust, estate, trust, |
| 12 | | partnership, association, cooperative, or
any other legal |
| 13 | | entity. This Act does not prohibit the sale by such an
|
| 14 | | institution or on such property of items commonly sold by such |
| 15 | | institutions
before January 1, 1980. "Commonly sold" means |
| 16 | | exclusively those lines of
products sold in the regular course |
| 17 | | of business prior to January 1, 1980.
This Act does not |
| 18 | | prohibit the sale of goods which are the result of
|
| 19 | | technological advances since 1980 and are required for |
| 20 | | assignments or
classroom activities.
|
| 21 | | (b) The governing board of a State institution of higher |
| 22 | | learning may not
permit that institution or a retail store |
| 23 | | operated by that institution or
operated on property held or |
| 24 | | leased for the use of the institution to make
credit sales when |
| 25 | | the credit extended is the credit of
the retail store or the
|
| 26 | | institution itself. This subsection (b) does not prohibit the |
|
| | 10200HB4724ham001 | - 3 - | LRB102 24591 RJT 36233 a |
|
|
| 1 | | retail store
from making credit sales through an independent
|
| 2 | | credit organization not affiliated with the institution or the |
| 3 | | retail store,
such as by means of a bank or other credit card |
| 4 | | or through the use of
a debit card issued by the institution or |
| 5 | | otherwise, so long as private
retail merchants in the |
| 6 | | community are afforded a reasonable opportunity to
participate |
| 7 | | in such debit card sales through appropriate agreements with |
| 8 | | the
institution. This subsection (b) does not prohibit the |
| 9 | | sale on credit to
students receiving financial assistance by |
| 10 | | such an institution of textbooks,
food, beverages, or |
| 11 | | educational items required for use in classroom
activities, so |
| 12 | | long as private retail merchants in the community are afforded
|
| 13 | | a reasonable opportunity to participate in such credit sales |
| 14 | | through
appropriate agreements with the institution.
|
| 15 | | This subsection (b) does not restrict a State institution |
| 16 | | of higher learning that purchases course materials or |
| 17 | | purchases course materials on its students behalf to ensure |
| 18 | | that all students have their course materials, but only to the |
| 19 | | extent that this subsection (b) relates to the purchase of |
| 20 | | course materials. |
| 21 | | (Source: P.A. 89-407, eff. 7-1-96.)".
|