IL HB2860 | 2019-2020 | 101st General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on August 23 2019 - 100% progression
Action: 2019-08-23 - Public Act . . . . . . . . . 101-0491
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Entity Omnibus Act. Provides that the organic law of the entity, in addition to the Act, may displace the principles of law and equity. Provides that the Secretary of State may propound interrogatories as may be reasonably necessary to ascertain whether entities subject to the Act have complied with the Act. Provides process for the response to and filing of interrogatories by the Secretary. Provides that the Act controls in the event of any conflict with the provisions of other specified Acts applicable to business organizations. Provides that an entity shall maintain a plan of conversion or domestication in accordance with the entity's policy for maintaining books and records. Deletes language exempting certain entities from the requirement that a plan of conversion be approved in a record. Deletes language allowing the filing of a plan of conversion, instead of a statement of conversion, under certain circumstances. Makes other changes concerning: the effect of conversion or domestication on the name of an entity; and the effective date of a domestication. Effective July 1, 2019.

Tracking Information

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Title

ENTITY OMNIBUS ACT-VARIOUS

Sponsors


Roll Calls

2019-05-29 - Senate - Third Reading in Senate (Y: 58 N: 0 NV: 1 Abs: 0) [PASS]
2019-03-29 - House - Third Reading in House (Y: 100 N: 0 NV: 0 Abs: 3) [PASS]

History

DateChamberAction
2019-08-23HousePublic Act . . . . . . . . . 101-0491
2019-08-23HouseEffective Date August 23, 2019
2019-08-23HouseGovernor Approved
2019-06-27HouseSent to the Governor
2019-05-29HousePassed Both Houses
2019-05-29SenateThird Reading - Passed; 058-000-000
2019-05-24SenateRule 2-10 Third Reading Deadline Established As May 31, 2019
2019-05-16SenatePlaced on Calendar Order of 3rd Reading May 17, 2019
2019-05-16SenateSecond Reading
2019-05-08SenatePlaced on Calendar Order of 2nd Reading May 9, 2019
2019-05-08SenateDo Pass Judiciary; 010-000-000
2019-05-02SenatePostponed - Judiciary
2019-04-24SenateAssigned to Judiciary
2019-04-03SenateReferred to Assignments
2019-04-03SenateFirst Reading
2019-04-03SenateChief Senate Sponsor Sen. Don Harmon
2019-04-03SenatePlaced on Calendar Order of First Reading
2019-04-03SenateArrive in Senate
2019-03-29HouseThird Reading - Short Debate - Passed 100-000-000
2019-03-19HousePlaced on Calendar Order of 3rd Reading - Short Debate
2019-03-19HouseSecond Reading - Short Debate
2019-03-07HousePlaced on Calendar 2nd Reading - Short Debate
2019-03-06HouseDo Pass / Short Debate State Government Administration Committee; 011-000-000
2019-02-26HouseAssigned to State Government Administration Committee
2019-02-14HouseReferred to Rules Committee
2019-02-14HouseFirst Reading
2019-02-14HouseFiled with the Clerk by Rep. Lamont J. Robinson, Jr.

Code Citations

ChapterArticleSectionCitation TypeStatute Text
805415103Amended CodeCitation Text
805415110New CodeSee Bill Text
805415111New CodeSee Bill Text
805415202Amended CodeCitation Text
805415203Amended CodeCitation Text
805415205Amended CodeCitation Text
805415206Amended CodeCitation Text
805415302Amended CodeCitation Text
805415305Amended CodeCitation Text
805415306Amended CodeCitation Text

Illinois State Sources


Bill Comments

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