Michael W. Frerichs
- Democratic
Primary
Creates the Benefit Corporation Act. Provides that a corporation may elect to become a benefit corporation by amending its articles of incorporation. Provides that in addition to its purposes under the Business Corporation Act of 1983 and any specific purpose set forth in its articles of incorporation, a benefit corporation shall have a purpose of creating general public benefit. Requires the preparation of an annual report for specified distribution and filing with the Secretary of State. Defines key terms and contains provisions concerning accountability and transparency.
Effective Date January 1, 2013
Governor Approved
Public Act . . . . . . . . . 97-0885
Sent to the Governor
Added Alternate Co-Sponsor Rep. Kimberly du Buclet
Added Alternate Co-Sponsor Rep. Robyn Gabel
Third Reading - Short Debate - Passed 066-047-000
Added Alternate Co-Sponsor Rep. Mike Fortner
Added Alternate Chief Co-Sponsor Rep. Karen May
Passed Both Houses
Added Alternate Co-Sponsor Rep. Greg Harris
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Added Alternate Co-Sponsor Rep. Jason Barickman
Do Pass / Short Debate Judiciary I - Civil Law Committee; 009-002-000
Added Alternate Chief Co-Sponsor Rep. Sidney H. Mathias
Added Alternate Co-Sponsor Rep. Michael J. Zalewski
Placed on Calendar 2nd Reading - Short Debate
Added Alternate Co-Sponsor Rep. André M. Thapedi
Assigned to Judiciary I - Civil Law Committee
Added Alternate Chief Co-Sponsor Rep. Carol A. Sente
Arrived in House
Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
Recalled to Second Reading
Senate Floor Amendment No. 2 Adopted; Frerichs
Placed on Calendar Order of 3rd Reading
Verified
Third Reading - Passed; 030-021-001
Chief House Sponsor Rep. Sara Feigenholtz
Placed on Calendar Order of First Reading
First Reading
Referred to Rules Committee
Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 009-000-000
Senate Floor Amendment No. 2 Assignments Refers to Judiciary
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Michael W. Frerichs
Placed on Calendar Order of 3rd Reading March 6, 2012
Second Reading
Senate Floor Amendment No. 2 Referred to Assignments
Senate Committee Amendment No. 1 Adopted
Placed on Calendar Order of 2nd Reading February 29, 2012
Do Pass as Amended Judiciary; 009-002-000
Added as Chief Co-Sponsor Sen. Michael Noland
Senate Committee Amendment No. 1 Postponed - Judiciary
Postponed - Judiciary
Senate Committee Amendment No. 1 Referred to Assignments
Senate Committee Amendment No. 1 Assignments Refers to Judiciary
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael W. Frerichs
Added as Co-Sponsor Sen. Heather A. Steans
Assigned to Judiciary
First Reading
Referred to Assignments
Filed with Secretary by Sen. Michael W. Frerichs
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| Senate Amendment 002 | |
| Senate Amendment 001 |
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