Bill

Bill > HB0212


IL HB0212

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 appears to be a very minimal technical amendment to the Benefit Corporation Act, specifically targeting Section 1 of the law. A Benefit Corporation is a type of for-profit corporate entity designed to pursue social and environmental goals alongside traditional business objectives. While the government summary indicates the bill makes a technical change in the Section concerning the short title, the provided XML does not show the specific language changes. Without more details in the text, I cannot provide a more substantive summary of the exact modifications being proposed. The bill seems to be a procedural update to the existing Benefit Corporation Act, likely making a minor clarification or correction to the 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


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