IL HB3663 | 2019-2020 | 101st General Assembly

Status

Spectrum: Partisan Bill (Democrat 38-1)
Status: Enrolled on May 16 2019 - 75% progression
Action: 2019-06-14 - Sent to the Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

Creates the Limited Cooperative Association Act. Authorizes the organization of a limited cooperative association, as an entity distinct from its members, for any lawful purpose, whether or not for profit. Provides that a limited cooperative association may be a collective worker cooperative in which there is only one class of members consisting of worker-members who manage all of the affairs of the limited cooperative association or a worker cooperative or employment cooperative that includes a class of worker-members who are natural persons whose patronage consists of labor contributed to or other work performed for the limited cooperative association. Contains provisions regarding: findings; formation; articles of organization; organization; bylaws; members; community investors; voting; a board of directors; an assembly; dissolution; conversion; and applicability of securities laws. Amends the Co-operative Act and the Illinois Securities Law of 1953 to make conforming changes. Effective immediately.

Tracking Information

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Title

LIMITED COOPERATIVE ASSOC ACT

Sponsors


Roll Calls

2019-05-16 - Senate - Third Reading in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]
2019-04-03 - House - Third Reading in House (Y: 112 N: 0 NV: 1 Abs: 2) [PASS]

History

DateChamberAction
2019-06-14HouseSent to the Governor
2019-05-16HousePassed Both Houses
2019-05-16SenateThird Reading - Passed; 056-000-000
2019-05-16SenateAdded as Alternate Co-Sponsor Sen. Cristina Castro
2019-05-15SenatePlaced on Calendar Order of 3rd Reading May 16, 2019
2019-05-15SenateSecond Reading
2019-05-08SenatePlaced on Calendar Order of 2nd Reading May 9, 2019
2019-05-08SenateDo Pass Judiciary; 010-000-000
2019-05-07SenateAdded as Alternate Co-Sponsor Sen. Emil Jones, III
2019-05-02SenateAdded as Alternate Co-Sponsor Sen. Ram Villivalam
2019-05-01SenateAdded as Alternate Co-Sponsor Sen. Mattie Hunter
2019-04-30SenateAdded as Alternate Co-Sponsor Sen. Don Harmon
2019-04-30SenateAssigned to Judiciary
2019-04-25SenateAdded as Alternate Chief Co-Sponsor Sen. Robert Peters
2019-04-12SenateAdded as Alternate Chief Co-Sponsor Sen. Elgie R. Sims, Jr.
2019-04-04SenateAdded as Alternate Chief Co-Sponsor Sen. Omar Aquino
2019-04-04SenateReferred to Assignments
2019-04-04SenateFirst Reading
2019-04-04SenateChief Senate Sponsor Sen. Iris Y. Martinez
2019-04-04SenatePlaced on Calendar Order of First Reading
2019-04-04SenateArrive in Senate
2019-04-03HouseThird Reading - Short Debate - Passed 112-000-000
2019-04-02HousePlaced on Calendar Order of 3rd Reading - Short Debate
2019-04-02HouseSecond Reading - Short Debate
2019-03-29HousePlaced on Calendar 2nd Reading - Short Debate
2019-03-27HouseAdded Co-Sponsor Rep. Sonya M. Harper
2019-03-27HouseAdded Co-Sponsor Rep. Karina Villa
2019-03-27HouseDo Pass as Amended / Short Debate Judiciary - Civil Committee; 013-000-000
2019-03-27HouseHouse Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote
2019-03-27HouseAdded Co-Sponsor Rep. Aaron M. Ortiz
2019-03-20HouseAdded Co-Sponsor Rep. Margo McDermed
2019-03-20HouseAdded Co-Sponsor Rep. Emanuel Chris Welch
2019-03-20HouseAdded Co-Sponsor Rep. Camille Y. Lilly
2019-03-20HouseAdded Co-Sponsor Rep. Kathleen Willis
2019-03-20HouseAdded Co-Sponsor Rep. Daniel Didech
2019-03-20HouseReported Back To Judiciary - Civil Committee;
2019-03-20HouseRecommends Do Pass Subcommittee/ Judiciary - Civil Committee; 006-000-000
2019-03-19HouseHouse Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee
2019-03-18HouseAdded Co-Sponsor Rep. Jennifer Gong-Gershowitz
2019-03-14HouseRemoved Co-Sponsor Rep. Curtis J. Tarver, II
2019-03-14HouseAdded Co-Sponsor Rep. Diane Pappas
2019-03-14HouseAdded Co-Sponsor Rep. Curtis J. Tarver, II
2019-03-14HouseAdded Co-Sponsor Rep. Justin Slaughter
2019-03-14HouseAdded Co-Sponsor Rep. La Shawn K. Ford
2019-03-13HouseAdded Co-Sponsor Rep. Rita Mayfield
2019-03-13HouseAdded Co-Sponsor Rep. Kambium Buckner
2019-03-13HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2019-03-13HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Carol Ammons
2019-03-12HouseAdded Co-Sponsor Rep. LaToya Greenwood
2019-03-12HouseAdded Co-Sponsor Rep. Anne Stava-Murray
2019-03-07HouseAdded Co-Sponsor Rep. Will Guzzardi
2019-03-07HouseRemove Chief Co-Sponsor Rep. Will Guzzardi
2019-03-07HouseAdded Co-Sponsor Rep. William Davis
2019-03-07HouseAdded Co-Sponsor Rep. Nicholas K. Smith
2019-03-07HouseAdded Co-Sponsor Rep. Jehan Gordon-Booth
2019-03-07HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
2019-03-06HouseTo Commercial Law Subcommittee
2019-03-06HouseAdded Co-Sponsor Rep. Martin J. Moylan
2019-03-06HouseAdded Co-Sponsor Rep. Robert Rita
2019-03-06HouseAdded Co-Sponsor Rep. Delia C. Ramirez
2019-03-06HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr.
2019-03-05HouseAdded Chief Co-Sponsor Rep. Celina Villanueva
2019-03-05HouseAssigned to Judiciary - Civil Committee
2019-02-19HouseAdded Co-Sponsor Rep. Maurice A. West, II
2019-02-19HouseAdded Chief Co-Sponsor Rep. Will Guzzardi
2019-02-19HouseAdded Chief Co-Sponsor Rep. Elizabeth Hernandez
2019-02-19HouseAdded Co-Sponsor Rep. Theresa Mah
2019-02-15HouseReferred to Rules Committee
2019-02-15HouseFirst Reading
2019-02-15HouseFiled with the Clerk by Rep. Carol Ammons

Code Citations

ChapterArticleSectionCitation TypeStatute Text
80531022Amended CodeCitation Text
81553Amended CodeCitation Text

Illinois State Sources


Bill Comments

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