Illinois · Senate Bill 2765 · 103rd General Assembly

LIMITED LIABILITY COMPANY

SB 2765 Sponsored by Robert F. Martwick Became law

  1. Introduced Jan 16, 2024
  2. In committee Jan 16, 2024
  3. Passed the Senate Apr 11, 2024
  4. Passed the House May 15, 2024
  5. To the governor Jun 13, 2024
  6. Became law Aug 9, 2024

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Limited Liability Company Act. Provides that specified provisions under the Act do not limit the personal liability of a member or manager imposed under law other than the Act, including, but not limited to, the law of agency, contracts, and torts, and, subject to specified provisions, court imposed equitable remedies, such as piercing the limited liability company veil. Provides that the provisions apply…

Read the full title (105 words)

Amends the Limited Liability Company Act. Provides that specified provisions under the Act do not limit the personal liability of a member or manager imposed under law other than the Act, including, but not limited to, the law of agency, contracts, and torts, and, subject to specified provisions, court imposed equitable remedies, such as piercing the limited liability company veil. Provides that the provisions apply to all actions with respect to which all timely appeals have not been exhausted before the effective date of the amendatory Act and all future actions commenced on or after the effective date of the amendatory Act. Makes other changes.

Every action

25 steps, oldest first, as the legislature records them.

Show the 17 earlier steps
  1. SenateFiled with Secretary by Sen. Robert F. Martwick
  2. SenateFirst Reading
  3. CommitteeReferred to Assignments · Senate Assignments
  4. CommitteeAssigned to Judiciary · Senate Judiciary
  5. CommitteeDo Pass Judiciary; 006-003-000 · Senate Judiciary
  6. SenatePlaced on Calendar Order of 2nd Reading February 8, 2024
  7. SenateSecond Reading
  8. SenatePlaced on Calendar Order of 3rd Reading March 22, 2024
  9. SenateThird Reading - Passed; 037-019-002
  10. HouseArrived in House
  11. HouseChief House Sponsor Rep. Daniel Didech
  12. HouseFirst Reading
  13. CommitteeReferred to Rules Committee · House Rules
  14. CommitteeAssigned to Judiciary - Civil Committee · House Judiciary - Civil
  15. CommitteeDo Pass / Short Debate Judiciary - Civil Committee; 010-004-000 · House Judiciary - Civil
  16. HousePlaced on Calendar 2nd Reading - Short Debate
  17. HouseSecond Reading - Short Debate
  1. HousePlaced on Calendar Order of 3rd Reading - Short Debate
  2. HouseAdded Alternate Chief Co-Sponsor Rep. Stephanie A. Kifowit
  3. HouseThird Reading - Short Debate - Passed 072-041-000
  4. SenatePassed Both Houses
  5. SenateSent to the Governor
  6. SenateGovernor Approved
  7. SenateEffective Date January 1, 2025
  8. SenatePublic Act . . . . . . . . . 103-0920

Roll calls

4 recorded votes: 2 on the floor, 2 in committee. Each shows how every member voted.

Third Reading · Full Senate

Passed 37–19
Apr 11, 2024 · journal entry
Yes 37 No 19 Not voting 3
Democrats: 37 yes, 1 no Republicans: 0 yes, 18 no
How each member voted

Yes · 37

No · 19

Not voting · 3

Third Reading · Full House

Passed 72–41
May 15, 2024 · journal entry
Yes 72 No 41 Not voting 4
Democrats: 71 yes, 2 no Republicans: 1 yes, 39 no
How each member voted

Yes · 72

No · 41

Excused · 4

Committee and other votes

DateWhereQuestionResult
Feb 6, 2024 Senate Judiciary Judiciary - Do Pass
Members

Yes · 6

No · 3

 6–3
May 1, 2024 House Judiciary - Civil Judiciary - Civil - Do Pass
Members

Yes · 10

No · 4

Not voting · 1

 Passed 10–4

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Democrat.

All 1 cosponsor

From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.