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Bill > HB0221


IL HB0221

IL HB0221
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 Limited Worker Cooperative Association Act. Makes a technical change in a Section concerning the short title.

AI Summary

This bill proposes a technical amendment to the Limited Worker Cooperative Association Act, specifically targeting Section 1 of the law. While the provided XML text does not show the specific language changes, the government summary suggests this is a minor modification to the short title of the act. A worker cooperative association is typically a business owned and democratically controlled by its workers, who share in the profits, risks, and decision-making of the enterprise. Without more detailed information about the precise changes, the bill appears to be making a non-substantive adjustment to the legal language describing this type of business organization.

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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