Mike Smiddy
- Democratic
Primary
Amends language in the Illinois Securities Law of 1953 providing that the 3-year period for seeking specified relief under the Act begins to run on the earlier of the date the party bringing the action has actual knowledge of the alleged violation or the date the party bringing the action has notice of facts which in the exercise of reasonable diligence would lead to actual knowledge of the alleged violation. Deletes language providing that the period of limitation may not be extended more than 2 years beyond the expiration of the 3-year period. Effective immediately.
Public Act . . . . . . . . . 98-0174
Effective Date August 5, 2013
Governor Approved
Sent to the Governor
Third Reading - Passed; 051-007-000
Passed Both Houses
Placed on Calendar Order of 3rd Reading May 22, 2013
Second Reading
Placed on Calendar Order of 2nd Reading May 9, 2013
Do Pass Judiciary; 012-000-000
Referred to Assignments
Assigned to Judiciary
First Reading
Chief Senate Sponsor Sen. Steve Stadelman
Added as Alternate Co-Sponsor Sen. Ira I. Silverstein
Placed on Calendar Order of First Reading April 17, 2013
Arrive in Senate
Third Reading - Short Debate - Passed 093-021-001
Added Chief Co-Sponsor Rep. Carol A. Sente
Added Chief Co-Sponsor Rep. Keith Farnham
Added Chief Co-Sponsor Rep. Jack D. Franks
Added Co-Sponsor Rep. Emanuel Chris Welch
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate State Government Administration Committee; 018-002-000
Assigned to State Government Administration Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Mike Smiddy
| Bill Text Versions | Format |
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| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
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| Public Act |
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