Bill Text: IL SB1787 | 2013-2014 | 98th General Assembly | Enrolled
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Creates the Illinois Titanium Powdered Metals Development Act. Creates the Illinois Titanium Powdered Metals Development Advisory Committee within the Department of Commerce and Economic Opportunity. Sets forth the membership of the Committee, including the Director of Commerce and Economic Opportunity and members appointed by the Governor and each of the legislative leaders. Sets forth the powers and duties of the Committee, including assisting with the growth and development of the titanium powdered metals industry within Illinois and the creation of a consortium or center that conducts, coordinates, and supports titanium powdered metals research, promotion, and marketing activities in the State. Requires the Committee to prepare and submit an annual report to the Governor and the General Assembly. Contains other provisions. Amends the Illinois Enterprise Zone Act. Provides that businesses that (i) intend to make minimum investment of $3,000,000 in titanium powdered metals manufacturing which will be placed in service in qualified property and (ii) intend to create or retain a minimum of 15 full-time equivalent jobs in titanium powdered metals manufacturing at a location in Illinois are considered high impact businesses. Effective immediately.
Spectrum: Bipartisan Bill
Status: (Passed) 2013-12-27 - Public Act . . . . . . . . . 98-0613 [SB1787 Detail]
Download: Illinois-2013-SB1787-Enrolled.html
Bill Title: Creates the Illinois Titanium Powdered Metals Development Act. Creates the Illinois Titanium Powdered Metals Development Advisory Committee within the Department of Commerce and Economic Opportunity. Sets forth the membership of the Committee, including the Director of Commerce and Economic Opportunity and members appointed by the Governor and each of the legislative leaders. Sets forth the powers and duties of the Committee, including assisting with the growth and development of the titanium powdered metals industry within Illinois and the creation of a consortium or center that conducts, coordinates, and supports titanium powdered metals research, promotion, and marketing activities in the State. Requires the Committee to prepare and submit an annual report to the Governor and the General Assembly. Contains other provisions. Amends the Illinois Enterprise Zone Act. Provides that businesses that (i) intend to make minimum investment of $3,000,000 in titanium powdered metals manufacturing which will be placed in service in qualified property and (ii) intend to create or retain a minimum of 15 full-time equivalent jobs in titanium powdered metals manufacturing at a location in Illinois are considered high impact businesses. Effective immediately.
Spectrum: Bipartisan Bill
Status: (Passed) 2013-12-27 - Public Act . . . . . . . . . 98-0613 [SB1787 Detail]
Download: Illinois-2013-SB1787-Enrolled.html
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1 | AN ACT concerning State government.
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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 | bSection 5. The Illinois Funeral or Burial Funds Act is | ||||||
5 | amended by changing Section 3a as follows:
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6 | (225 ILCS 45/3a) (from Ch. 111 1/2, par. 73.103a)
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7 | Sec. 3a. Denial, suspension, or revocation of license.
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8 | (a) The Comptroller may refuse to issue or may suspend
or | ||||||
9 | revoke a license on any of the following grounds:
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10 | (1) The applicant or licensee has made any
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11 | misrepresentations or false statements or concealed any
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12 | material fact.
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13 | (2) The applicant or licensee is insolvent.
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14 | (3) The applicant or licensee has been engaged in
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15 | business practices that work a fraud.
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16 | (4) The applicant or licensee has refused to give
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17 | pertinent data to the Comptroller.
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18 | (5) The applicant or licensee has failed to satisfy
any | ||||||
19 | enforceable judgment or decree rendered by any court
of | ||||||
20 | competent jurisdiction against the applicant.
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21 | (6) The applicant or licensee has conducted or is
about | ||||||
22 | to conduct business in a fraudulent manner.
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23 | (7) The trust agreement is
not in compliance with State |
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1 | or federal law.
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2 | (8) The fidelity bond is not satisfactory to the
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3 | Comptroller.
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4 | (9) As to any individual required to be listed in the | ||||||
5 | license application,
the individual has
conducted or is | ||||||
6 | about to conduct any business on behalf
of the applicant in | ||||||
7 | a fraudulent manner; has been
convicted of any felony or | ||||||
8 | misdemeanor, an essential
element of which is fraud; has | ||||||
9 | had a judgment rendered
against him or her based on fraud | ||||||
10 | in any civil
litigation; has failed to satisfy any | ||||||
11 | enforceable
judgment or decree rendered against him or her | ||||||
12 | by any
court of competent jurisdiction; or has been | ||||||
13 | convicted
of any felony or any theft-related offense.
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14 | (10) The applicant or licensee, including any member,
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15 | officer, or director thereof if the applicant or
licensee | ||||||
16 | is a firm, partnership, association or
corporation and any | ||||||
17 | shareholder holding more than 10% of
the corporate stock, | ||||||
18 | has violated any provision of this
Act or any regulation, | ||||||
19 | decision, order, or finding made
by the Comptroller under | ||||||
20 | this Act.
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21 | (11) The Comptroller finds any fact or condition
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22 | existing which, if it had existed at the time of the
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23 | original application for such license, would have
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24 | warranted the Comptroller in refusing the issuance of
the | ||||||
25 | license.
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26 | (12) If an applicant or licensee engages in a lockout, |
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1 | as defined in the Employment of Strikebreakers Act, and the | ||||||
2 | Comptroller has reason to believe the lockout is negatively | ||||||
3 | impacting the consumer. | ||||||
4 | (b) Before refusal to issue or renew and before suspension | ||||||
5 | or
revocation of a
license, the Comptroller shall hold a | ||||||
6 | hearing to determine whether the
applicant or licensee, | ||||||
7 | hereinafter referred to as the respondent, is entitled
to hold | ||||||
8 | such a license. At least 10 days prior to the date set for such
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9 | hearing, the Comptroller shall notify the respondent in writing | ||||||
10 | that on the
date designated a hearing will be held to determine | ||||||
11 | his eligibility for a
license and that he may appear in person | ||||||
12 | or by counsel. Such written
notice may be served on the | ||||||
13 | respondent personally, or by registered or
certified mail sent | ||||||
14 | to the respondent's business address as shown in his
latest | ||||||
15 | notification to the Comptroller. At the hearing, both the
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16 | respondent and the complainant shall be accorded ample | ||||||
17 | opportunity to
present in person or by counsel such statements, | ||||||
18 | testimony, evidence and
argument as may be pertinent to the | ||||||
19 | charges or to any defense thereto. The
Comptroller may | ||||||
20 | reasonably continue such hearing from time to time.
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21 | The Comptroller may subpoena any person or persons in this | ||||||
22 | State and take
testimony orally, by deposition or by exhibit, | ||||||
23 | in the same manner and with
the same fees and mileage | ||||||
24 | allowances as prescribed in judicial proceedings
in civil | ||||||
25 | cases.
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26 | Any authorized agent of the Comptroller may administer |
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1 | oaths to witnesses
at any hearing which the Comptroller is | ||||||
2 | authorized to conduct.
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3 | (Source: P.A. 92-419, eff. 1-1-02.)
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4 | Section 99. Effective date. This Act takes effect upon | ||||||
5 | becoming law.
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