Illinois General Assembly - Bill Status for SB 140

Bill Status of SB 140 99th General Assembly

Short Description: LIMITED LIABILITY CO-VARIOUS

Senate Sponsors
Sen. Don Harmon and Jason A. Barickman

House Sponsors
(Rep. Dan Brady-Elaine Nekritz-Mike Fortner)

Last Action View All Actions

Date Chamber Action
  8/19/2016 Senate Public Act . . . . . . . . . 99-0844

Statutes Amended In Order of Appearance
810 ILCS 5/1-101 from Ch. 26, par. 1-101

Synopsis As Introduced
Amends the Uniform Commercial Code. Makes a technical change in a Section concerning the short titles.

Senate Committee Amendment No. 1
Deletes reference to:
810 ILCS 5/1-101
Adds reference to:
805 ILCS 180/1-5
805 ILCS 180/1-6 new
805 ILCS 180/1-30
805 ILCS 180/1-40
805 ILCS 180/1-46 new
805 ILCS 180/1-65 new
805 ILCS 180/5-5
805 ILCS 180/5-45
805 ILCS 180/5-47
805 ILCS 180/5-50
805 ILCS 180/10-1
805 ILCS 180/10-15
805 ILCS 180/13-5
805 ILCS 180/13-15 new
805 ILCS 180/13-20 new
805 ILCS 180/15-1
805 ILCS 180/15-3
805 ILCS 180/15-5
805 ILCS 180/15-7
805 ILCS 180/20-1
805 ILCS 180/20-5
805 ILCS 180/25-35
805 ILCS 180/Art. 30 heading
805 ILCS 180/30-5
805 ILCS 180/30-10
805 ILCS 180/30-20
805 ILCS 180/30-25 new
805 ILCS 180/35-1
805 ILCS 180/35-3
805 ILCS 180/35-4
805 ILCS 180/35-7
805 ILCS 180/35-15
805 ILCS 180/35-20
805 ILCS 180/35-37 new
805 ILCS 180/35-45
805 ILCS 180/35-55
805 ILCS 180/Art. 37 heading
805 ILCS 180/37-5
805 ILCS 180/37-10
805 ILCS 180/37-15
805 ILCS 180/37-16 new
805 ILCS 180/37-17 new
805 ILCS 180/37-20
805 ILCS 180/37-21 new
805 ILCS 180/37-25
805 ILCS 180/37-30
805 ILCS 180/37-31 new
805 ILCS 180/37-32 new
805 ILCS 180/37-33 new
805 ILCS 180/37-34 new
805 ILCS 180/37-36 new
805 ILCS 180/37-40
805 ILCS 180/50-1
805 ILCS 180/50-10
805 ILCS 180/55-1
805 ILCS 180/55-3 new
805 ILCS 180/30-1 rep.
805 ILCS 180/35-60 rep.
805 ILCS 180/35-65 rep.
805 ILCS 180/35-70 rep.

Replaces everything after the enacting clause. Amends the Limited Liability Company Act. Establishes distinctions between membership interests. Provides for the appointment of officers. Authorizes the use of oral operating agreements. Makes changes concerning electronic signatures. Makes changes regarding a member's right to information. Provides that members of limited liability company are not agents solely because of membership. Expands the scope of operating agreements. Makes changes concerning unauthorized distributions. Provides that creditors acquire only distributional rights. Requires judicial action for dissolution based upon illegality. Abolishes certain statutory buyout rights. Provides for domestication of foreign companies. Provides for conversion of business entities into other forms. Makes changes concerning electronic signatures. Makes other changes.

Senate Floor Amendment No. 2
Deletes reference to:
805 ILCS 180/30-1 rep.

Replaces everything after the enacting clause with provisions similar to those of Senate Amendment No. 1. Makes technical changes. Requires the filing of a post office address for service of process. Limits the ability of companies to transact business until an application is filed with the Secretary of State. Adds a July 1, 2016 effective date.

House Committee Amendment No. 1
Deletes reference to:
805 ILCS 180/1-5
805 ILCS 180/1-6 new
805 ILCS 180/1-30
805 ILCS 180/1-40
805 ILCS 180/1-46 new
805 ILCS 180/1-65 new
805 ILCS 180/5-5
805 ILCS 180/5-45
805 ILCS 180/5-47
805 ILCS 180/5-50
805 ILCS 180/10-1
805 ILCS 180/10-15
805 ILCS 180/13-5
805 ILCS 180/13-15 new
805 ILCS 180/13-20 new
805 ILCS 180/15-1
805 ILCS 180/15-3
805 ILCS 180/15-5
805 ILCS 180/15-7
805 ILCS 180/20-1
805 ILCS 180/20-5
805 ILCS 180/25-35
805 ILCS 180/Art. 30 heading
805 ILCS 180/30-5
805 ILCS 180/30-10
805 ILCS 180/30-20
805 ILCS 180/30-25 new
805 ILCS 180/35-1
805 ILCS 180/35-3
805 ILCS 180/35-4
805 ILCS 180/35-7
805 ILCS 180/35-15
805 ILCS 180/35-20
805 ILCS 180/35-37 new
805 ILCS 180/35-45
805 ILCS 180/35-55
805 ILCS 180/Art. 37 heading
805 ILCS 180/37-5
805 ILCS 180/37-10
805 ILCS 180/37-15
805 ILCS 180/37-16 new
805 ILCS 180/37-17 new
805 ILCS 180/37-20
805 ILCS 180/37-21 new
805 ILCS 180/37-25
805 ILCS 180/37-30
805 ILCS 180/37-31 new
805 ILCS 180/37-32 new
805 ILCS 180/37-33 new
805 ILCS 180/37-34 new
805 ILCS 180/37-36 new
805 ILCS 180/37-40
805 ILCS 180/50-1
805 ILCS 180/50-10
805 ILCS 180/55-1
805 ILCS 180/55-3 new
805 ILCS 180/35-60 rep.
805 ILCS 180/35-65 rep.
805 ILCS 180/35-70 rep.
Adds reference to:
815 ILCS 710/4 from Ch. 121 1/2, par. 754

Replaces everything after the enacting clause. Amends the Motor Vehicle Franchise Act regarding unfair competition and practices. Provides that it is not a violation for a manufacturer to own or operate a place of business that manufactures only certain diesel engines for installation in trucks having a gross vehicle weight rating of more than 16,000 pounds if specified conditions are met. Applies to a facility owned by a manufacturer and in operation as of January 1, 2016. Effective immediately.

House Committee Amendment No. 2
Deletes reference to:
805 ILCS 180/1-5
805 ILCS 180/1-6 new
805 ILCS 180/1-30
805 ILCS 180/1-40
805 ILCS 180/1-46 new
805 ILCS 180/1-65 new
805 ILCS 180/5-5
805 ILCS 180/5-45
805 ILCS 180/5-47
805 ILCS 180/5-50
805 ILCS 180/10-1
805 ILCS 180/10-15
805 ILCS 180/13-5
805 ILCS 180/13-15 new
805 ILCS 180/13-20 new
805 ILCS 180/15-1
805 ILCS 180/15-3
805 ILCS 180/15-5
805 ILCS 180/15-7
805 ILCS 180/20-1
805 ILCS 180/20-5
805 ILCS 180/25-35
805 ILCS 180/Art. 30 heading
805 ILCS 180/30-5
805 ILCS 180/30-10
805 ILCS 180/30-20
805 ILCS 180/30-25 new
805 ILCS 180/35-1
805 ILCS 180/35-3
805 ILCS 180/35-4
805 ILCS 180/35-7
805 ILCS 180/35-15
805 ILCS 180/35-20
805 ILCS 180/35-37 new
805 ILCS 180/35-45
805 ILCS 180/35-55
805 ILCS 180/Art. 37 heading
805 ILCS 180/37-5
805 ILCS 180/37-10
805 ILCS 180/37-15
805 ILCS 180/37-16 new
805 ILCS 180/37-17 new
805 ILCS 180/37-20
805 ILCS 180/37-21 new
805 ILCS 180/37-25
805 ILCS 180/37-30
805 ILCS 180/37-31 new
805 ILCS 180/37-32 new
805 ILCS 180/37-33 new
805 ILCS 180/37-34 new
805 ILCS 180/37-36 new
805 ILCS 180/37-40
805 ILCS 180/50-1
805 ILCS 180/50-10
805 ILCS 180/55-1
805 ILCS 180/55-3 new
805 ILCS 180/35-60 rep.
805 ILCS 180/35-65 rep.
805 ILCS 180/35-70 rep.
Adds reference to:
815 ILCS 710/4 from Ch. 121 1/2, par. 754

Replaces everything after the enacting clause. Amends the Motor Vehicle Franchise Act regarding unfair competition and practices. Provides that it is not a violation for a manufacturer to own or operate a place of business that manufactures only certain diesel engines for installation in trucks having a gross vehicle weight rating of more than 16,000 pounds if specified conditions are met. Applies to a place of business owned by a manufacturer and in operation as of January 1, 2016. Effective immediately.

Actions
Date Chamber Action
  1/28/2015 Senate Filed with Secretary by Sen. John J. Cullerton
  1/28/2015 Senate First Reading
  1/28/2015 Senate Referred to Assignments
  2/19/2015 Senate Chief Sponsor Changed to Sen. Don Harmon
  3/17/2015 Senate Assigned to Judiciary
  3/18/2015 Senate Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
  3/18/2015 Senate Senate Committee Amendment No. 1 Referred to Assignments
  3/24/2015 Senate Senate Committee Amendment No. 1 Assignments Refers to Judiciary
  3/24/2015 Senate Senate Committee Amendment No. 1 Adopted
  3/24/2015 Senate Do Pass as Amended Judiciary; 011-000-000
  3/24/2015 Senate Placed on Calendar Order of 2nd Reading March 25, 2015
  3/25/2015 Senate Second Reading
  3/25/2015 Senate Placed on Calendar Order of 3rd Reading March 26, 2015
  3/25/2015 Senate Added as Co-Sponsor Sen. Jason A. Barickman
  4/17/2015 Senate Senate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon
  4/17/2015 Senate Senate Floor Amendment No. 2 Referred to Assignments
  4/21/2015 Senate Senate Floor Amendment No. 2 Assignments Refers to Judiciary
  4/22/2015 Senate Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 011-000-000
  4/22/2015 Senate Recalled to Second Reading
  4/22/2015 Senate Senate Floor Amendment No. 2 Adopted; Harmon
  4/22/2015 Senate Placed on Calendar Order of 3rd Reading
  4/22/2015 Senate Third Reading - Passed; 058-000-000
  4/23/2015 House Arrived in House
  4/23/2015 House Chief House Sponsor Rep. Ron Sandack
  4/23/2015 House First Reading
  4/23/2015 House Referred to Rules Committee
  5/5/2015 House Added Alternate Chief Co-Sponsor Rep. Elaine Nekritz
  5/13/2015 House Added Alternate Chief Co-Sponsor Rep. Mike Fortner
  4/20/2016 House Alternate Chief Sponsor Changed to Rep. Dan Brady
  5/11/2016 House Assigned to Judiciary - Civil Committee
  5/11/2016 House House Committee Amendment No. 1 Filed with Clerk by Rep. Dan Brady
  5/11/2016 House House Committee Amendment No. 1 Referred to Rules Committee
  5/12/2016 House House Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee
  5/13/2016 House Final Action Deadline Extended-9(b) May 27, 2016
  5/16/2016 House House Committee Amendment No. 2 Filed with Clerk by Rep. Dan Brady
  5/16/2016 House House Committee Amendment No. 2 Referred to Rules Committee
  5/16/2016 House House Committee Amendment No. 2 Rules Refers to Judiciary - Civil Committee
  5/19/2016 House House Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote
  5/19/2016 House House Committee Amendment No. 2 Adopted in Judiciary - Civil Committee; by Voice Vote
  5/19/2016 House Do Pass as Amended / Short Debate Judiciary - Civil Committee; 011-000-000
  5/19/2016 House Placed on Calendar 2nd Reading - Short Debate
  5/23/2016 House Second Reading - Short Debate
  5/23/2016 House Placed on Calendar Order of 3rd Reading - Short Debate
  5/24/2016 House Third Reading - Short Debate - Passed 114-000-000
  5/25/2016 Senate Secretary's Desk - Concurrence House Amendment(s) 1, 2
  5/25/2016 Senate Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 26, 2016
  5/26/2016 Senate House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Don Harmon
  5/26/2016 Senate House Committee Amendment No. 1 Motion to Concur Referred to Assignments
  5/26/2016 Senate House Committee Amendment No. 2 Motion to Concur Filed with Secretary Sen. Don Harmon
  5/26/2016 Senate House Committee Amendment No. 2 Motion to Concur Referred to Assignments
  5/26/2016 Senate House Committee Amendment No. 1 Motion to Concur Assignments Referred to Transportation
  5/26/2016 Senate House Committee Amendment No. 2 Motion to Concur Assignments Referred to Transportation
  5/29/2016 Senate House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Transportation; 011-000-000
  5/29/2016 Senate House Committee Amendment No. 2 Motion To Concur Recommended Do Adopt Transportation; 011-000-000
  5/31/2016 Senate House Committee Amendment No. 1 Senate Concurs 059-000-000
  5/31/2016 Senate House Committee Amendment No. 2 Senate Concurs 059-000-000
  5/31/2016 Senate Senate Concurs
  5/31/2016 Senate Passed Both Houses
  6/29/2016 Senate Sent to the Governor
  8/19/2016 Senate Governor Approved
  8/19/2016 Senate Effective Date August 19, 2016
  8/19/2016 Senate Public Act . . . . . . . . . 99-0844

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Date	Chamber	Action
8/19/2016	Senate	Public Act . . . . . . . . . 99-0844

	Adds reference to:
	815 ILCS 710/4	from Ch. 121 1/2, par. 754