SB 1466

  • Illinois Senate Bill
  • 104th Regular Session
  • Introduced in Senate Apr 04, 2025
  • Passed Senate Apr 03, 2025
  • Passed House May 21, 2025
  • Became Law Aug 01, 2025

Corporation-Incorporation Date

Abstract

Amends the Business Corporation Act of 1983. Provides that the articles of incorporation of any corporation (currently, any corporation incorporated after December 31, 1981) may limit or eliminate cumulative voting rights in all or specified circumstances, or may limit or deny voting rights or may provide special voting rights as to any class or classes or series of shares of such corporation.

Bill Sponsors (4)

Votes


Actions


Aug 01, 2025

Senate

Public Act . . . . . . . . . 104-0104

Senate

Effective Date January 1, 2026

Senate

Governor Approved

Jun 18, 2025

Senate

Sent to the Governor

May 21, 2025

House

Third Reading - Short Debate - Passed 109-000-000

Senate

Passed Both Houses

May 14, 2025

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

Apr 23, 2025

House

Do Pass / Short Debate Judiciary - Civil Committee; 016-000-000

House

Placed on Calendar 2nd Reading - Short Debate

Apr 17, 2025

House

Assigned to Judiciary - Civil Committee

Apr 07, 2025

House

First Reading

House

Referred to Rules Committee

Apr 04, 2025

House

Chief House Sponsor Rep. Bob Morgan

House

Arrived in House

Apr 03, 2025

Senate

Third Reading - Passed; 053-000-000

Mar 20, 2025

Senate

Second Reading

Senate

Placed on Calendar Order of 3rd Reading April 1, 2025

Mar 19, 2025

Senate

Placed on Calendar Order of 2nd Reading March 20, 2025

Senate

Do Pass Judiciary; 009-000-000

Feb 11, 2025

Senate

Assigned to Judiciary

Feb 07, 2025

Senate

Added as Chief Co-Sponsor Sen. Michael E. Hastings

Feb 05, 2025

Senate

Added as Co-Sponsor Sen. John F. Curran

Jan 31, 2025

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Julie A. Morrison

Bill Text

Bill Text Versions Format
Introduced HTML PDF
Engrossed HTML PDF
Enrolled HTML PDF

Related Documents

Document Format
Public Act

Sources

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