BUS OPPORTUNITY-DISCLOSURE DOC Senate SponsorsSen. Kirk W. Dillard-Pamela J. Althoff-Kyle McCarter House Sponsors(Rep. Franco Coladipietro-Carol A. Sente) 1/12/2011SenateSession Sine Die 815 ILCS 602/5-35Amends the Business Opportunity Sales Law of 1995. Provides that a business opportunity disclosure document shall contain a statement informing the prospective purchaser that he or she will be provided 14 days (rather than 10 business days) to review the disclosure document before signing any contract or agreement or making any payment to the seller or the seller's representative. Effective immediately.Senate Floor Amendment No. 1 Adds reference to:805 ILCS 180/1-25Amends the Limited Liability Company Act. Provides that a limited liability company may be formed for the purpose of practicing medicine if, among other conditions, each member is a hospital affiliate as defined in the Hospital Licensing Act. 1/6/2010SenateFiled with Secretary by Sen. Kirk W. Dillard 1/6/2010SenateFirst Reading 1/6/2010SenateReferred to Assignments 2/10/2010SenateAssigned to Judiciary 2/17/2010SenateDo Pass Judiciary; 010-000-000 2/17/2010SenatePlaced on Calendar Order of 2nd Reading February 18, 2010 2/18/2010SenateSecond Reading 2/18/2010SenatePlaced on Calendar Order of 3rd Reading February 23, 2010 2/23/2010SenateAdded as Chief Co-Sponsor Sen. Pamela J. Althoff 3/12/2010SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Kyle McCarter; -Dillard 3/12/2010SenateSenate Floor Amendment No. 1 Referred to Assignments 3/12/2010SenateAdded as Chief Co-Sponsor Sen. Kyle McCarter 3/16/2010SenateSenate Floor Amendment No. 1 Assignments Refers to Judiciary 3/16/2010SenateSenate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 009-000-000 3/18/2010SenateRecalled to Second Reading 3/18/2010SenateSenate Floor Amendment No. 1 Adopted; McCarter-Dillard 3/18/2010SenatePlaced on Calendar Order of 3rd Reading 3/18/2010SenateThird Reading - Passed; 056-000-000 3/18/2010HouseArrived in House 3/18/2010HouseChief House Sponsor Rep. Franco Coladipietro 3/18/2010HousePlaced on Calendar Order of First Reading 3/18/2010HouseFirst Reading 3/18/2010HouseReferred to Rules Committee 3/24/2010HouseAdded Alternate Chief Co-Sponsor Rep. Carol A. Sente 1/12/2011SenateSession Sine Die