Bill Status of HB 5905   99th General Assembly


Short Description:  ILLINOIS COOPERATIVE ACT

House Sponsors
Rep. Will Guzzardi

Last Action  View All Actions

DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
805 ILCS 310/Act rep.

Synopsis As Introduced
Creates the Illinois Cooperative Act. Repeals the Co-operative Act on January 1, 2020. Provides for the organization, operation, and regulation of cooperatives. Sets forth requirements for articles of incorporation, amendments, number of incorporators, and voting rights. Provides for regulation by the Secretary of State. Sets forth requirements for directors. Defines terms. Provides for liquidation, consolidation, and dissolution of cooperatives.

Actions 
DateChamber Action
  2/11/2016HouseFiled with the Clerk by Rep. Will Guzzardi
  2/11/2016HouseFirst Reading
  2/11/2016HouseReferred to Rules Committee
  1/10/2017HouseSession Sine Die

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