BUS OPPORTUNITY-DISCLOSURE DOC House SponsorsRep. Chapin Rose-Dwight Kay 1/8/2013HouseSession Sine Die 805 ILCS 180/1-25815 ILCS 602/5-35 Amends 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. Also amends 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. Effective immediately. 2/18/2011HouseFiled with the Clerk by Rep. Chapin Rose 2/22/2011HouseFirst Reading 2/22/2011HouseReferred to Rules Committee 2/24/2011HouseAssigned to Judiciary I - Civil Law Committee 3/2/2011HouseDo Pass / Short Debate Judiciary I - Civil Law Committee; 011-000-000 3/2/2011HousePlaced on Calendar 2nd Reading - Short Debate 3/8/2011HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Chapin Rose 3/8/2011HouseHouse Floor Amendment No. 1 Referred to Rules Committee 4/5/2011HouseAdded Chief Co-Sponsor Rep. Dwight Kay 4/14/2011HouseSecond Reading - Short Debate 4/14/2011HouseHeld on Calendar Order of Second Reading - Short Debate 4/15/2011HouseRule 19(a) / Re-referred to Rules Committee 1/8/2013HouseSession Sine Die