Date	Chamber	Action
8/2/2012	Senate	Public Act . . . . . . . . . 97-0881

Statutes Amended In Order of Appearance

805 ILCS 105/101.01

from Ch. 32, par. 101.01

Synopsis As Introduced
Amends the General Not For Profit Corporation Act of 1986. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 1

	Deletes reference to:
	805 ILCS 105/101.01

	Adds reference to:
	805 ILCS 5/8.75	from Ch. 32, par. 8.75

805 ILCS 105/108.75

from Ch. 32, par. 108.75

Replaces everything after the enacting clause. Amends the Business Corporation Act of 1983 and the General Not For Profit Corporation Act of 1986. Distinguishes under both Acts the indemnification rights of a corporation's current directors and officers from the indemnification rights of a corporation's former directors, officers, other employees and agents and persons serving at the request of the corporation as directors, officers, employees or agents of another entity. Clarifies the situations under both Acts where indemnification by a corporation will be made upon a determination that the applicable standard of conduct has been met by the person to be indemnified and, with respect to a person who is a director or officer of the corporation at the time of the determination, specifies that a board of directors decision that the determination be made by independent legal counsel in a written legal opinion be done at the direction of only those directors who are not parties to such action, suit or proceeding rather than at the direction of the entire board of directors. Also clarifies under both Acts that a right to indemnification or advancement of expenses under a corporation's articles of incorporation or by-law cannot be eliminated or impaired by an amendment to such provision subsequent to the action or omission for which indemnification or advancement of expenses is sought unless the provision in effect at the time of such action or omission explicitly authorizes such subsequent elimination or impairment. Makes other changes. Effective immediately.

Actions 

Date	Chamber	Action
2/8/2011	Senate	Filed with Secretary by Sen. John J. Cullerton
2/8/2011	Senate	First Reading
2/8/2011	Senate	Referred to Assignments
3/9/2011	Senate	Assigned to Executive
3/17/2011	Senate	Do Pass Executive; 015-000-000
3/17/2011	Senate	Placed on Calendar Order of 2nd Reading March 17, 2011
3/17/2011	Senate	Second Reading
3/17/2011	Senate	Placed on Calendar Order of 3rd Reading March 29, 2011
4/8/2011	Senate	Chief Sponsor Changed to Sen. A. J. Wilhelmi
4/8/2011	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. A. J. Wilhelmi
4/8/2011	Senate	Senate Floor Amendment No. 1 Referred to Assignments
4/11/2011	Senate	Senate Floor Amendment No. 1 Assignments Refers to Judiciary
4/12/2011	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 009-000-000
4/13/2011	Senate	Recalled to Second Reading
4/13/2011	Senate	Senate Floor Amendment No. 1 Adopted; Wilhelmi
4/13/2011	Senate	Placed on Calendar Order of 3rd Reading
4/13/2011	Senate	Third Reading - Passed; 058-000-000
4/14/2011	House	Arrived in House
4/28/2011	House	Placed on Calendar Order of First Reading
4/28/2011	House	Chief House Sponsor Rep. Michael J. Madigan
4/28/2011	House	First Reading
4/28/2011	House	Referred to Rules Committee
5/2/2011	House	Assigned to Executive Committee
5/3/2011	House	Alternate Chief Sponsor Changed to Rep. André M. Thapedi
5/13/2011	House	Committee Deadline Extended-Rule 9(b) May 20, 2011
5/20/2011	House	Added Alternate Chief Co-Sponsor Rep. Arthur Turner
5/20/2011	House	Final Action Deadline Extended-9(b) May 27, 2011
5/27/2011	House	Final Action Deadline Extended-9(b) May 31, 2011
5/29/2011	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie
5/29/2011	House	House Committee Amendment No. 1 Referred to Rules Committee
5/29/2011	House	House Committee Amendment No. 1 In line by 3PM. Timely filed in accordance with House Rule 18(e)
5/29/2011	House	House Committee Amendment No. 1 Rules Refers to Executive Committee
5/31/2011	House	Rule 19(a) / Re-referred to Rules Committee
5/31/2011	House	House Committee Amendment No. 1 Tabled Pursuant to Rule 40
2/27/2012	House	Assigned to Judiciary I - Civil Law Committee
3/7/2012	House	Do Pass / Short Debate Judiciary I - Civil Law Committee; 010-000-000
3/7/2012	House	Placed on Calendar 2nd Reading - Short Debate
4/24/2012	House	Second Reading - Short Debate
4/24/2012	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/9/2012	House	Third Reading - Short Debate - Passed 117-000-000
5/9/2012	Senate	Passed Both Houses
6/7/2012	Senate	Sent to the Governor
8/2/2012	Senate	Governor Approved
8/2/2012	Senate	Effective Date August 2, 2012
8/2/2012	Senate	Public Act . . . . . . . . . 97-0881

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