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 makes a technical amendment to the Benefit Corporation Act, specifically modifying Section 1 regarding the short title. A Benefit Corporation is a type of for-profit company that is legally required to consider the impact of its decisions on society, workers, the community, and the environment, in addition to its shareholders' financial interests. While the provided XML suggests an amendment is being made, the actual specific changes are not visible in the text. The bill appears to be a minor administrative update to the existing law, potentially clarifying or refining language related to the Act's short title, though without more context, the precise nature of the technical change cannot be definitively determined.
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=213&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
BillText | https://www.ilga.gov/legislation/104/HB/10400HB0213.htm |
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