IL SB1390 | 2009-2010 | 96th General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Passed on August 24 2009 - 100% progression
Action: 2009-08-24 - Public Act . . . . . . . . . 96-0649
Text: Latest bill text (Enrolled) [HTML]

Summary

Amends the General Not For Profit Corporation Act of 1986. Provides that notices may be delivered by electronic means to an e-mail address, facsimile number, or other appropriate contact (instead of the address) listed on the corporate records. Provides for informal action by voting membership by mail, e-mail, or other electronic means (instead of a written consent by all members entitled to vote) and notice of the informal action must be delivered at least 5 days before the effective date to members who did not vote (instead of a written consent signed by less than all voters is only effective if notice of the proposed action is delivered 5 days before the effective date of the action and if, after the effective date of the consent, prompt written notice of the action is delivered to those who did not give written consent). Provides that writings by directors or members include electronic communications unless prohibited (instead of expressly permitted) by the corporation's bylaws or incorporation articles. Provides that a voting member or the member's agent may examine or copy the corporation's records for a proper purpose and that a disputed records request is decided in circuit court (instead of a member may inspect all books and records for a proper purpose at a reasonable time). Provides that a bylaws amendment eliminating a director position may shorten (instead of may not shorten) the terms of incumbent directors, if approved by those authorized to select the directors. Deletes provision that prohibits the removal, except for cause, of directors of different classes with non-uniform terms. Provides that a transaction between a corporation and a member, director, officer, or any entity in which such an individual has an interest, is not void or voidable solely for that reason if the material facts are disclosed and the board or members in good faith authorize the transaction by a majority vote or the transaction is fair at the time it is authorized (instead of if a transaction is fair to the corporation, the direct or indirect interest of a director is not grounds for invalidating the transaction). Provides that no director shall be liable unless the director earns more than $25,000 (instead of $5,000) per year as a director. Makes other changes.

Tracking Information

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Title

NOT FOR PROFIT CORP-VARIOUS

Sponsors


Roll Calls

2009-05-27 - Senate - Concurrence in Senate (Y: 52 N: 0 NV: 2 Abs: 0) [PASS]
2009-05-27 - Senate - Concurrence in Senate (Y: 52 N: 0 NV: 2 Abs: 0) [PASS]
2009-05-19 - House - Third Reading in House (Y: 116 N: 0 NV: 1 Abs: 0) [PASS]
2009-04-02 - Senate - Third Reading in Senate (Y: 54 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2009-08-24 Public Act . . . . . . . . . 96-0649
2009-08-24 Effective Date January 1, 2010
2009-08-24 Governor Approved
2009-06-25 Sent to the Governor
2009-05-27 Passed Both Houses
2009-05-27 House Floor Amendment No. 2 Senate Concurs 056-000-000
2009-05-27 House Committee Amendment No. 1 Senate Concurs 056-000-000
2009-05-26 House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Judiciary; 010-000-000
2009-05-26 House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Judiciary; 010-000-000
2009-05-22 House Floor Amendment No. 2 Motion to Concur Assignments Referred to Judiciary
2009-05-22 House Committee Amendment No. 1 Motion to Concur Assignments Referred to Judiciary
2009-05-20 House Floor Amendment No. 2 Motion to Concur Referred to Assignments
2009-05-20 House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. A. J. Wilhelmi
2009-05-20 House Committee Amendment No. 1 Motion to Concur Referred to Assignments
2009-05-20 House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. A. J. Wilhelmi
2009-05-20 Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 21, 2009
2009-05-20 Secretary's Desk - Concurrence House Amendment(s) 1, 2
2009-05-19 Third Reading - Short Debate - Passed 116-000-000
2009-05-19 Added Alternate Chief Co-Sponsor Rep. Jack McGuire
2009-05-18 Placed on Calendar Order of 3rd Reading - Short Debate
2009-05-18 House Floor Amendment No. 2 Adopted by Voice Vote
2009-05-18 Second Reading - Short Debate
2009-05-18 House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000
2009-05-14 House Floor Amendment No. 2 Referred to Rules Committee
2009-05-14 House Floor Amendment No. 2 Filed with Clerk by Rep. John A. Fritchey
2009-05-07 Added Alternate Co-Sponsor Rep. Al Riley
2009-05-06 Placed on Calendar 2nd Reading - Short Debate
2009-05-06 Do Pass as Amended / Short Debate Judiciary I - Civil Law Committee; 015-000-001
2009-05-06 House Committee Amendment No. 1 Adopted in Judiciary I - Civil Law Committee; by Voice Vote
2009-05-06 House Committee Amendment No. 1 Filed with Clerk by Judiciary I - Civil Law Committee
2009-04-20 Assigned to Judiciary I - Civil Law Committee
2009-04-02 Referred to Rules Committee
2009-04-02 First Reading
2009-04-02 Chief House Sponsor Rep. John A. Fritchey
2009-04-02 Placed on Calendar Order of First Reading
2009-04-02 Arrived in House
2009-04-02 Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
2009-04-02 Third Reading - Passed; 058-000-000
2009-04-02 Placed on Calendar Order of 3rd Reading
2009-04-02 Senate Floor Amendment No. 1 Adopted; Wilhelmi
2009-04-02 Recalled to Second Reading
2009-04-02 Added as Co-Sponsor Sen. Randall M. Hultgren
2009-04-02 Senate Floor Amendment No. 1 Motion Prevailed Wilhelmi - Motion (M1) to take from Table
2009-04-02 Senate Floor Amendment No. 1 Be Approved for Consideration Assignments; Wilhelmi - Motion (M1) to take from Table
2009-04-02 Senate Floor Amendment No. 1 Motion Filed Sen. A. J. Wilhelmi; I move to take from the table Floor Amendment #1 to SB 1390
2009-03-30 Placed on Calendar Order of 3rd Reading March 31, 2009
2009-03-30 Senate Floor Amendment No. 1 Tabled
2009-03-30 Senate Floor Amendment No. 1 Withdrawn by Sen. A. J. Wilhelmi
2009-03-30 Second Reading
2009-03-25 Senate Floor Amendment No. 2 Referred to Assignments
2009-03-25 Senate Floor Amendment No. 2 Filed with Secretary by Sen. A. J. Wilhelmi
2009-03-19 Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 010-000-000
2009-03-18 Senate Floor Amendment No. 1 Assignments Refers to Judiciary
2009-03-10 Senate Floor Amendment No. 1 Referred to Assignments
2009-03-10 Senate Floor Amendment No. 1 Filed with Secretary by Sen. A. J. Wilhelmi
2009-03-05 Placed on Calendar Order of 2nd Reading March 6, 2009
2009-03-05 Do Pass Judiciary; 009-000-000
2009-02-27 Added as Chief Co-Sponsor Sen. Pamela J. Althoff
2009-02-25 Postponed - Judiciary
2009-02-18 Assigned to Judiciary
2009-02-11 Referred to Assignments
2009-02-11 First Reading
2009-02-11 Chief Co-Sponsor Sen. Kirk W. Dillard
2009-02-11 Filed with Secretary by Sen. A. J. Wilhelmi

Illinois State Sources


Bill Comments

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