91st General Assembly
Status of SB0566
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HALVORSON-CRONIN-VIVERITO.

(TURNER,ART-RUTHERFORD)

   805 ILCS 5/1.15           from Ch. 32, par. 1.15                            
   805 ILCS 5/1.17           from Ch. 32, par. 1.17                            
   805 ILCS 5/1.80           from Ch. 32, par. 1.80                            
   805 ILCS 5/8.40           from Ch. 32, par. 8.40                            
   805 ILCS 5/8.75           from Ch. 32, par. 8.75                            
   805 ILCS 5/10.05          from Ch. 32, par. 10.05                           
   805 ILCS 5/10.35          from Ch. 32, par. 10.35                           
   805 ILCS 5/13.45          from Ch. 32, par. 13.45                           
   805 ILCS 5/14.35          from Ch. 32, par. 14.35                           
   805 ILCS 5/15.35          from Ch. 32, par. 15.35                           
   805 ILCS 5/15.40          from Ch. 32, par. 15.40                           
   805 ILCS 5/15.45          from Ch. 32, par. 15.45                           
   805 ILCS 5/15.65          from Ch. 32, par. 15.65                           
   805 ILCS 5/15.70          from Ch. 32, par. 15.70                           
   805 ILCS 5/15.75          from Ch. 32, par. 15.75                           
   805 ILCS 5/15.80          from Ch. 32, par. 15.80                           
   805 ILCS 5/15.85          from Ch. 32, par. 15.85                           
   805 ILCS 5/16.05          from Ch. 32, par. 16.05                           

        Amends the Business Corporation  Act  of  1983.   Makes  numerous      
   changes   in   provisions   concerning   the  regulation  of  business      
   corporations, including: prohibits  a  statement  of  correction  from      
   altering the articles of incorporation with respect to the corporation      
   purpose,  the  class  or  classes  of shares to be authorized, and the      
   names and addresses of the initial directors; authorizes a  refund  or      
   adjustment  of  interest  claimed  to  have  been  erroneously paid or      
   claimed to be payable; changes the definition  of  "paid-in  capital";      
   authorizes  omission  (rather than removal) of the names and addresses      
   of  initial  directors  and  initial  registered  agent  from  amended      
   articles  of  incorporation;  requires  filing  an   application   for      
   withdrawal  in  duplicate  (rather than triplicate); and makes changes      
   concerning  franchise  taxes   payable   by   domestic   and   foreign      
   corporations.                                                               
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          805 ILCS 5/1.80                                                      
          805 ILCS 5/15.35                                                     
          805 ILCS 5/15.65                                                     
        Deletes change  in  definition  of  "paid-in  capital".   Deletes      
   changes  to  Sections  concerning  franchise taxes payable by domestic      
   corporations and by foreign corporations.  Deletes substantive changes      
   to Sections concerning the basis for computation  of  franchise  taxes      
   payable  by domestic corporations and concerning the rate of franchise      
   taxes payable by domestic corporations.                                     
   99-02-24  S  FIRST READING                                                  
   99-02-24  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-02-24  S       ASSIGNED TO COMMITTEE               COMM & INDUST         
   99-02-25  S  ADDED AS A CHIEF CO-SPONSOR              VIVERITO              
   99-03-04  S       DO PASS                             008-000-000   SCED    
   99-03-04  S  PLACED ON CALENDAR ORDER OF 2ND READING  99-03-09              
   99-03-15  S  FILED WITH SECRETARY                                           
   99-03-15  S                             AMENDMENT NO. 01-HALVORSON          
   99-03-15  S                     AMENDMENT REFERRED TO SRUL                  
   99-03-17  S                             AMENDMENT NO. 01-HALVORSON          
   99-03-17  S             BE APPROVED FOR CONSIDERATION SRUL                  
   99-03-18  S  SECOND READING                                                 
   99-03-18  S                             AMENDMENT NO. 01-HALVORSON          
   99-03-18  S                                   ADOPTED                       
   99-03-18  S  PLACED ON CALENDAR ORDER OF 3RD READING  99-03-19              
   99-03-23  S  THIRD READING - PASSED                   058-000-000           
   99-03-23  H  ARRIVE IN HOUSE                                                
   99-03-23  H  PLACED CALENDAR ORDER OF FIRST READING                         
   99-03-24  H  HOUSE SPONSOR                            TURNER,ART            
   99-03-24  H  FIRST READING                                                  
   99-03-24  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-03-26  H       ASSIGNED TO COMMITTEE               LABOR COMERCE         
   99-04-15  H  DO PASS/SHORT DEBATE                     016-000-000   HLBC    
   99-04-15  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   99-04-20  H  SECOND READING-SHORT DEBATE                                    
   99-04-20  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   99-05-11  H  ADDED AS A JOINT SPONSOR                 RUTHERFORD            
   99-05-11  H  THIRD READING/SHORT DEBATE/PASSED        113-000-000           
   99-05-11  S  PASSED BOTH HOUSES                                             
   99-06-09  S  SENT TO THE GOVERNOR                                           
   99-08-06  S  GOVERNOR APPROVED                                              
   99-08-06  S                            EFFECTIVE DATE 00-01-01              
   99-08-06  S  PUBLIC ACT.............................. 91-0464               

   END OF INQUIRY 



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