Bill Status of HB3576  102nd General Assembly


House Sponsors
Rep. Debbie Meyers-Martin - Carol Ammons

Last Action
DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
805 ILCS 5/7.05from Ch. 32, par. 7.05
805 ILCS 5/11.39
805 ILCS 5/14.13 new
805 ILCS 5/15.10from Ch. 32, par. 15.10
805 ILCS 5/15.35from Ch. 32, par. 15.35
805 ILCS 5/15.97from Ch. 32, par. 15.97
805 ILCS 40/1.10
805 ILCS 40/2.01
805 ILCS 215/1308

Synopsis As Introduced
Amends the Business Corporation Act of 1983. Authorizes shareholder meetings to be held by means of remote communication. Provides for the combination of corporations and limited liability entities rather than limited liability companies and partnerships. Provides for reports of interim changes of corporations. Accelerates the repeal of provisions relating to franchise taxes from 2025 to 2024. Delays repeal of the corporate franchise tax refund fund from 2022 to 2024. Amends the Benefit Corporation Act to provide that a benefit corporation may be organized under the laws of another state. Amends the Uniform Limited Partnership Act (2001) to provide that filing of annual renewal reports and requests for certificates of existence shall be made in real time only, without expedited services available.

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 Revenue & Finance Committee
  3/23/2021HouseChief Sponsor Changed to Rep. Debbie Meyers-Martin
  3/25/2021HouseAdded Chief Co-Sponsor Rep. Carol Ammons
  3/25/2021HouseDo Pass / Short Debate Revenue & Finance Committee; 018-000-000
  4/8/2021HousePlaced on Calendar 2nd Reading - Short Debate
  4/13/2021HouseSecond Reading - Short Debate
  4/13/2021HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/23/2021HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2023HouseSession Sine Die