Bill Text: IL HB3963 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Illinois Procurement Code. Provides that for the purchase of any goods where a value-added reseller is used, the manufacturer of the goods must attest that every value-added reseller has the same discount or price from the manufacturer in order for the bid to be compliant. Effective immediately.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-03-10 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB3963 Detail]
Download: Illinois-2023-HB3963-Introduced.html
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1 | AN ACT concerning finance.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Procurement Code is amended by | |||||||||||||||||||
5 | adding Section 55-30 as follows:
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6 | (30 ILCS 500/55-30 new) | |||||||||||||||||||
7 | Sec. 55-30. Value-added reseller. For the purchase of any | |||||||||||||||||||
8 | goods where a value-added reseller is used, the manufacturer | |||||||||||||||||||
9 | of the goods must attest that every value-added reseller has | |||||||||||||||||||
10 | the same discount or price from the manufacturer in order for | |||||||||||||||||||
11 | the bid to be compliant.
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12 | Section 99. Effective date. This Act takes effect upon | |||||||||||||||||||
13 | becoming law.
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