Bill Amendment: IL HB3663 | 2019-2020 | 101st General Assembly

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: LIMITED COOPERATIVE ASSOC ACT

Status: 2019-08-09 - Public Act . . . . . . . . . 101-0292 [HB3663 Detail]

Download: Illinois-2019-HB3663-House_Amendment_001.html

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Rep. Carol Ammons

Filed: 3/13/2019

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AMENDMENT TO HOUSE BILL 3663
AMENDMENT NO. ______. Amend House Bill 3663 on page 1, line
5, by changing "Limited" to "Limited Worker"; and
on page 2, by inserting immediately below line 23 the
following:
""Candidate" means a worker who is being considered for
membership in a worker cooperative, as defined in the
cooperative association's articles or bylaws."; and
on page 2, line 25, by deleting "elects to be a worker
cooperative"; and
on page 3, by replacing line 1 with the following:
"only has one class of members consisting of"; and
on page 3, line 4, by deleting "patron"; and

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on page 3, by replacing line 16 with the following:
""Multi-stakeholder cooperative" means a cooperative
organized under this Act that has different classes of members
whose rights and proprietary interests shall be determined by
the articles or bylaws. At least 51% of the members shall be
worker-members or candidates. A multi-stakeholder cooperative
is a worker cooperative for purposes of this Act.
"Worker cooperative" means a"; and
On page 3, by replacing lines 21 through 24 with the following:
"be organized as a worker cooperative does not create a
presumption that workers are employees of the corporation for
any purposes. A worker cooperative formed under this Act may
include additional classes of members whose rights and
proprietary interests shall be determined by the articles or
bylaws. At least 51% of the workers shall be worker-members or
candidates.
"Worker" means a natural person contributing labor or
services to a worker cooperative."; and
on page 4, line 6, by changing "may elect" to "elects"; and
on page 4, line 8, by deleting "or an employment cooperative";
and
on page 4, line 13, by replacing "organizers." with

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"organizers. Organizers need not be members or worker-members
of the worker cooperative."; and
on page 5, by replacing lines 7 through 9 with the following:
"(6) any other provision, not inconsistent with law,
that the worker-members, members, or organizers elect to
set out in the articles for the regulation of the internal
affairs of the worker cooperative, including any
provisions that, under this Act, are required or permitted
to be set out in the bylaws of the worker cooperative.";
and
on page 6, lines 16 and 19, by deleting "patron" each time it
appears; and
on page 7, line 21, by deleting "patron"; and
on page 9, lines 1, 4, 5, 18, and 25, by deleting "patron" each
time it appears; and
on page 9, by replacing lines 20 through 24 with the following:
"(d) Community investors are not entitled to vote unless
the articles or bylaws provide otherwise."; and
on page 12, line 4, by deleting "stock or"; and

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on page 12, line 7, by replacing "the" with "the registration";
and
page 13, line 3, by replacing "limited" with "limited worker";
and
page 13, line 4, by replacing "Limited" with "Limited Worker";
and
page 22, line 14, by replacing "limited" with "limited worker";
and
on page 22, by replacing lines 21 and 22 with the following:
Section 99. Effective date. This Act takes effect January
1, 2020.".