Bill > HB0300

This bill is a very minor technical amendment to the Benefit Corporation Act, specifically modifying Section 1 of the law. A benefit corporation is a type of for-profit company that is legally allowed to pursue social and environmental goals alongside its financial objectives. While the government summary indicates a technical change to the short title of the act, the provided XML does not show the specific language modification, so I cannot provide precise details about the exact nature of the change. The bill appears to be making a procedural update to the existing legislation, likely to clarify or improve the language of the act without substantially altering its substantive provisions.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=300&GAID=18&DocTypeID=HB&SessionID=114&GA=104