CORPORATION-INCORPORATION DATE

What it does

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

Amends the Business Corporation Act of 1983. Provides that the articles of incorporation of any corporation (currently, any corporation incorporated after December 31, 1981) may limit or eliminate cumulative voting rights in all or specified circumstances, or may limit or deny voting rights or may provide special voting rights as to any class or classes or series of shares of such corporation.

Every action

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

1. May 14, 2025HouseSecond Reading - Short Debate
2. May 14, 2025HousePlaced on Calendar Order of 3rd Reading - Short Debate
3. May 21, 2025HouseThird Reading - Short Debate - Passed 109-000-000
4. May 21, 2025SenatePassed Both Houses
5. Jun 18, 2025SenateSent to the Governor
6. Aug 1, 2025SenateGovernor Approved
7. Aug 1, 2025SenateEffective Date January 1, 2026
8. Aug 1, 2025SenatePublic Act . . . . . . . . . 104-0104

Roll calls

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

Committee and other votes

Sponsors

The member who introduced it, joined by 2 cosponsors: 1 Democrat, 1 Republican.

• Julie A. MorrisonD Primary sponsor · District 29
• Bob MorganD Floor sponsor · District 58