Illinois House Bill 4360 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Passed on July 16 2014 - 100% progression
Action: 2014-07-16 - Public Act . . . . . . . . . 98-0720
Text: Latest bill text (Chaptered) [HTML]

Amends the Business Corporation Act of 1983. Deletes a provision prohibiting the use of "Chicago 2016" in the corporate name without express written consent of the United States Olympic Committee. Amends the Limited Liability Company Act. Makes corresponding changes regarding the use of the term "Chicago 2016". In provisions setting forth exceptions to the prohibition against a limited liability company being formed for the business of insurance, adds an exception for the purpose of carrying on the business of a syndicate or limited syndicate under the Insurance Exchange Article of the Illinois Insurance Code. Includes foreign limited liability companies organized, existing, or subject to the Act in provisions regarding the name of a limited liability company. Sets forth requirements for waiving the right to have the limited liability company's business wound up and terminated. Effective July 1, 2014.

BUS-LLC WAIVER OF DISSOLUTION

Rep. Thaddeus Jones [D]

Rep. Rita Mayfield [D]

Sen. Thomas Cullerton [D]

2014-05-20 - Senate - Third Reading in Senate (Y: 57 N: 0 NV: 2 Abs: 0) [PASS]
2014-04-10 - House - Third Reading in House (Y: 107 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2014-07-16	House	Public Act . . . . . . . . . 98-0720
2014-07-16	House	Effective Date July 16, 2014
2014-07-16	House	Governor Approved
2014-06-18	House	Sent to the Governor
2014-05-20	House	Passed Both Houses
2014-05-20	Senate	Third Reading - Passed; 057-000-000
2014-04-30	Senate	Placed on Calendar Order of 3rd Reading May 1, 2014
2014-04-30	Senate	Second Reading
2014-04-29	Senate	Placed on Calendar Order of 2nd Reading April 30, 2014
2014-04-29	Senate	Do Pass Judiciary; 008-000-000
2014-04-23	Senate	Assigned to Judiciary
2014-04-11	Senate	Referred to Assignments
2014-04-11	Senate	First Reading
2014-04-10	Senate	Chief Senate Sponsor Sen. Thomas Cullerton
2014-04-10	Senate	Placed on Calendar Order of First Reading April 29, 2014
2014-04-10	Senate	Arrive in Senate
2014-04-10	House	Third Reading - Short Debate - Passed 107-000-000
2014-04-09	House	Placed on Calendar Order of 3rd Reading - Short Debate
2014-04-09	House	House Floor Amendment No. 1 Adopted
2014-04-07	House	House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000
2014-04-04	House	Added Chief Co-Sponsor Rep. Rita Mayfield
2014-03-27	House	House Floor Amendment No. 1 Referred to Rules Committee
2014-03-27	House	House Floor Amendment No. 1 Filed with Clerk by Rep. Thaddeus Jones
2014-03-27	House	Held on Calendar Order of Second Reading - Short Debate
2014-03-27	House	Recalled to Second Reading - Short Debate
2014-03-27	House	Placed on Calendar Order of 3rd Reading - Short Debate
2014-03-27	House	Second Reading - Short Debate
2014-03-25	House	Placed on Calendar 2nd Reading - Short Debate
2014-03-24	House	Do Pass / Short Debate Judiciary; 016-000-000
2014-03-03	House	Assigned to Judiciary
2014-01-28	House	Referred to Rules Committee
2014-01-28	House	First Reading
2014-01-28	House	Filed with the Clerk by Rep. Thaddeus Jones

Chapter	Article	Section	Citation Type	Statute Text
805	180	1-10	Amended Code	Citation Text
805	180	1-25	Amended Code	Citation Text
805	180	35-3	Amended Code	Citation Text
805	180	37-40	Amended Code	Citation Text
805	180	45-15	Amended Code	Citation Text
805	5	4.05	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4360&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB4360.htm
Text	https://www.ilga.gov/legislation/98/HB/09800HB4360ham001.htm
Text	https://www.ilga.gov/legislation/98/HB/09800HB4360eng.htm
Text	https://www.ilga.gov/legislation/98/HB/09800HB4360enr.htm
Text	https://www.ilga.gov/legislation/publicacts/98/098-0720.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/98/house/09800HB4360_04102014_018000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/98/senate/09800HB4360_05202014_033000T.pdf