IL HB5479 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the General Not For Profit Corporation Act of 1986. Provides that the Secretary of State shall establish a system for grading corporations organized under the Act on the basis of the corporation's cost of fundraising, administrative expenses, and expenses for services for the corporation's designated clientele. Requires corporations to report to the Secretary information necessary for grading the corporations. Establishes minimum criteria for grading, including the corporation's cost of fundraising disregarding corporation revenue derived from investment income, sales proceeds, program service revenue, and other revenue derived as a result of activity other than fundraising. Provides that corporations failing to meet a minimum score shall be deemed ineligible for grants made available through the expenditure of State funds. Requires the Secretary to post the grading results on the Secretary's website.

Tracking Information

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Title

NOT FOR PROFIT CORP-GRADES

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2018-04-13HouseRule 19(a) / Re-referred to Rules Committee
2018-03-21HouseAssigned to State Government Administration Committee
2018-02-16HouseReferred to Rules Committee
2018-02-16HouseFirst Reading
2018-02-16HouseFiled with the Clerk by Rep. Daniel J. Burke

Code Citations

ChapterArticleSectionCitation TypeStatute Text
805105114.50New CodeSee Bill Text
805105114.55New CodeSee Bill Text
805105114.60New CodeSee Bill Text
805105114.65New CodeSee Bill Text
805105Art. 14A headingNew CodeSee Bill Text

Illinois State Sources


Bill Comments

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