summary
Introduced
01/09/2025
01/09/2025
In Committee
05/31/2025
05/31/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Benefit Corporation Act. Makes a technical change in a Section concerning the short title.
AI Summary
This bill appears to make a technical amendment to the Benefit Corporation Act, specifically modifying Section 1. However, the provided XML document does not show the specific language changes, so I cannot provide a detailed summary of the precise modifications. A Benefit Corporation is a type of corporate structure that allows companies to pursue social and environmental goals alongside traditional business objectives, in addition to generating profit. Without more context from the actual text changes, I can only note that this seems to be a minor, procedural update to the existing law's language.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Rule 19(a) / Re-referred to Rules Committee (on 05/31/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=302&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB0302.htm |
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