Bill Status of HB 3577   102nd General Assembly

Short Description:  WORKER COOP LLC CONFORMANCE

House Sponsors
Rep. Carol Ammons and Kelly M. Cassidy

Senate Sponsors
(Sen. Laura M. Murphy)


Last Action  View All Actions

DateChamber Action
  8/13/2021HousePublic Act . . . . . . . . . 102-0351

Statutes Amended In Order of Appearance
805 ILCS 317/12 new
805 ILCS 317/16 new
805 ILCS 317/21 new
805 ILCS 317/22 new
805 ILCS 317/25
805 ILCS 317/35
805 ILCS 317/36 new
805 ILCS 317/37 new
805 ILCS 317/60
805 ILCS 317/61 new
805 ILCS 317/62 new
805 ILCS 317/63 new

Synopsis As Introduced
Amends the Limited Worker Cooperative Association Act. Incorporates provisions of the Limited Liability Company Act relating to: the powers of the Secretary of State; names of associations; required forms and the filing of those forms; contents of cooperative agreements; fees; termination; procedures of administrative dissolution; annual reports; and reinstatements.

Senate Committee Amendment No. 1
Adds reference to:
805 ILCS 317/5
805 ILCS 317/10
805 ILCS 317/15
805 ILCS 317/20
805 ILCS 317/30
805 ILCS 317/40
805 ILCS 317/45
805 ILCS 317/50
805 ILCS 317/51 new
805 ILCS 317/52 new
805 ILCS 317/55
805 ILCS 317/65
805 ILCS 317/70
805 ILCS 415/111

Further amends the Limited Worker Cooperative Association Act. Adds provisions relating to investor members and patron members of a limited worker cooperative association. Provides that an association may be a worker cooperative or a collective worker cooperative. Authorizes multiple classes of patron members. Provides for a board of managers or managing members rather than a board of directors. Provides for apportionment of earnings and losses and for systems of internal capital accounts. Authorizes conversions of collective worker cooperatives upon a vote by the members. Amends the Entity Omnibus Act to include the Limited Worker Cooperative Association Act within the scope of that Act. Effective July 1, 2021.

Actions 
DateChamber Action
  2/19/2021HouseFiled with the Clerk by Rep. Carol Ammons
  2/22/2021HouseFirst Reading
  2/22/2021HouseReferred to Rules Committee
  3/16/2021HouseAssigned to Judiciary - Civil Committee
  3/17/2021HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
  3/23/2021HouseDo Pass / Consent Calendar Judiciary - Civil Committee; 016-000-000
  4/8/2021HousePlaced on Calendar 2nd Reading - Consent Calendar
  4/16/2021HouseSecond Reading - Consent Calendar
  4/16/2021HouseHeld on Calendar Order of Second Reading - Consent Calendar
  4/21/2021HousePlaced on Calendar Order of 3rd Reading - Consent Calendar
  4/22/2021HouseThird Reading - Consent Calendar - First Day
  4/23/2021HouseThird Reading - Consent Calendar - Passed 099-000-000
  4/27/2021SenateArrive in Senate
  4/27/2021SenatePlaced on Calendar Order of First Reading
  4/27/2021SenateChief Senate Sponsor Sen. Laura M. Murphy
  4/27/2021SenateFirst Reading
  4/27/2021SenateReferred to Assignments
  5/10/2021SenateAssigned to Judiciary
  5/11/2021SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Laura M. Murphy
  5/11/2021SenateSenate Committee Amendment No. 1 Referred to Assignments
  5/12/2021SenateSenate Committee Amendment No. 1 Assignments Refers to Judiciary
  5/18/2021SenateSenate Committee Amendment No. 1 Adopted
  5/19/2021SenateDo Pass as Amended Judiciary; 007-000-000
  5/19/2021SenatePlaced on Calendar Order of 2nd Reading May 20, 2021
  5/20/2021SenateSecond Reading
  5/20/2021SenatePlaced on Calendar Order of 3rd Reading May 21, 2021
  5/27/2021SenatePlaced on Calendar Order of 3rd Reading ** May 28, 2021
  5/29/2021SenateThird Reading - Passed; 059-000-000
  5/29/2021HouseArrived in House
  5/29/2021HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
  5/30/2021HouseSenate Committee Amendment No. 1 Motion Filed Concur Rep. Carol Ammons
  5/30/2021HouseSenate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
  5/30/2021HouseSenate Committee Amendment No. 1 Motion to Concur Rules Referred to Judiciary - Civil Committee
  5/30/2021HouseSenate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Judiciary - Civil Committee; 015-000-000
  5/31/2021HouseSenate Committee Amendment No. 1 House Concurs 118-000-000
  5/31/2021HouseHouse Concurs
  5/31/2021HousePassed Both Houses
  6/29/2021HouseSent to the Governor
  8/13/2021HouseGovernor Approved
  8/13/2021HouseEffective Date August 13, 2021
  8/13/2021HousePublic Act . . . . . . . . . 102-0351

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