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91_SB1085
LRB9100044WHmg
1 AN ACT in relation to automatic contract renewal.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 1. Short title. This Act may be cited as the
5 Automatic Contract Renewal Act.
6 Section 5. Definition. In this Act:
7 "Contract" means a written agreement between 2 or more
8 parties.
9 "Parties" include individuals and other legal entities,
10 but do not include the federal government, this State or
11 another state, a unit of local government, or a school
12 district.
13 Section 10. Automatic renewal; requirements. If a
14 contract is subject to automatic renewal, the clause
15 providing for automatic renewal must appear in the contract
16 in at least 14-point bold type.
17 Section 15. Violation. If a contract does not comply
18 with this Act, the automatic renewal provisions are not
19 enforceable by a party who prepared the contract or directed
20 its preparation.
21 Section 20. Applicability. This Act does not apply to a
22 contract entered into before the effective date of this Act.