Bill

Bill > HB0213


IL HB0213

BUSINESS-TECH


summary

Introduced
01/09/2025
In Committee
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


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