+ − Summary
+ − Full Texts (3)
+ − Actions (36)
- Public Act . . . . . . . . . 102-0282
- Effective Date January 1, 2022
- Governor Approved
- Sent to the Governor
- Passed Both Houses
- Senate Concurs
- House Committee Amendment No. 1 Senate Concurs 059-000-000
- House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Judiciary; 007-000-000
- House Committee Amendment No. 1 Motion to Concur Assignments Referred to Judiciary
- House Committee Amendment No. 1 Motion to Concur Referred to Assignments
- House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Julie A. Morrison
- Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 20, 2021
- Secretary's Desk - Concurrence House Amendment(s) 1
- Third Reading - Short Debate - Passed 100-015-001
- Placed on Calendar Order of 3rd Reading - Short Debate
- Second Reading - Short Debate
- House Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote
- Do Pass as Amended / Short Debate Judiciary - Civil Committee; 009-003-000
- Placed on Calendar 2nd Reading - Short Debate
- House Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee
- House Committee Amendment No. 1 Referred to Rules Committee
- House Committee Amendment No. 1 Filed with Clerk by Rep. Bob Morgan
- Assigned to Judiciary - Civil Committee
- Referred to Rules Committee
- First Reading
- Chief House Sponsor Rep. Bob Morgan
- Arrived in House
- Third Reading - Passed; 056-001-000
- Placed on Calendar Order of 3rd Reading March 10, 2021
- Second Reading
- Placed on Calendar Order of 2nd Reading March 9, 2021
- Do Pass Judiciary; 008-000-000
- Assigned to Judiciary
- Referred to Assignments
- First Reading
- Filed with Secretary by Sen. Julie A. Morrison
+ − Adopted Amendment
House Amendment 001
Replaces everything after the enacting clause. Amends the Business Corporation Act of 1983. Authorizes shareholder meetings to be held by means of remote communication. Provides for the combination of corporations and limited liability entities rather than limited liability companies and partnerships. Provides for reports of interim changes of corporations. Accelerates the repeal of provisions relating to franchise taxes from 2025 to 2024. Delays repeal of the corporate franchise tax refund fund from 2022 to 2024. Amends the Benefit Corporation Act to provide that a benefit corporation may be organized under the laws of another state. Amends the Limited Liability Company Act. Provides that a limited liability company may revoke its termination within 90 days after the effective date of the termination, or longer if the limited liability company pays a penalty, if it has not begun to distribute its assets. Requires the limited liability company to file articles of revocation of termination. Sets forth the contents of the articles of termination. Provides that after filing the articles of revocation, the limited liability company may resume business as if the termination had never occurred. Provides that a limited liability company may be reinstated following its termination. Requires the filing of an application for reinstatement, the payment of fees, and the filing of reports. Provides that upon reinstatement the existence of the limited liability company shall be deemed to have continued without interruption. Amends the Uniform Limited Partnership Act to provide that a request submitted by electronics means may not be considered a request for expedited service.
+ − Proposed Amendment
+ − Statutes Amended (13)
- 805 ILCS 5/7.05 - from Ch. 32, par. 7.05
- 805 ILCS 5/7.15 - from Ch. 32, par. 7.15
- 805 ILCS 5/7.30 - from Ch. 32, par. 7.30
- 805 ILCS 5/11.39 -
- 805 ILCS 5/14.13 new -
- 805 ILCS 5/15.10 - from Ch. 32, par. 15.10
- 805 ILCS 5/15.35 - from Ch. 32, par. 15.35
- 805 ILCS 5/15.97 - from Ch. 32, par. 15.97
- 805 ILCS 40/1.10 -
- 805 ILCS 40/2.01 -
- 805 ILCS 180/35-22 new -
- 805 ILCS 180/45-70 new -
- 805 ILCS 215/1308 -