Fabio
91 lines
4.4 KiB
Markdown
91 lines
4.4 KiB
Markdown
---
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type: "Bill"
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title: "CORPORATION-INCORPORATION DATE"
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description: "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."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "104th"
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identifier: "SB 1466"
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citation: "Illinois SB 1466 (104th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Bob Morgan", "Julie A. Morrison"]
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version_count: 3
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action_count: 26
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vote_count: 4
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first_action: "2025-01-31"
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last_action: "2025-08-01"
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source: "openstates"
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source_identifier: "ocd-bill/b19fadf7-1818-4fab-898e-01b342bfa736"
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source_url: "https://ilga.gov/Legislation/BillStatus?DocNum=1466&GAID=18&DocTypeID=SB&LegId=160017&SessionID=114"
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source_hash: "69ec4d8d7fa21b3a81c22dec4ad492fbb13c12d5defe8d638ef2c3f83763d87f"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois SB 1466 (104th) — CORPORATION-INCORPORATION DATE
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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.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB1466.pdf)
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2. **Engrossed** (committee substitute) — [source](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB1466eng.pdf)
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3. **Enrolled** (enrolled) — [source](https://ilga.gov/documents/legislation/104/SB/PDF/10400SB1466enr.pdf)
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## Votes
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- Third Reading — **53–0** (pass) · upper
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- Third Reading — **16–0** (pass) · lower
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- Third Reading — **109–0** (pass) · lower
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- Judiciary — **9–0** (pass) · upper
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## Sponsors
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- Bob Morgan — primary (person)
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- Julie A. Morrison — primary (person)
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- John F. Curran — cosponsor (person)
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- Michael E. Hastings — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-01-31** Filed with Secretary by Sen. Julie A. Morrison `filing`
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- **2025-01-31** First Reading `reading-1`
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- **2025-01-31** Referred to Assignments
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- **2025-02-05** Added as Co-Sponsor Sen. John F. Curran
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- **2025-02-07** Added as Chief Co-Sponsor Sen. Michael E. Hastings
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- **2025-02-11** Assigned to Judiciary `referral-committee`
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- **2025-03-19** Do Pass Judiciary; 009-000-000
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- **2025-03-19** Placed on Calendar Order of 2nd Reading March 20, 2025 `reading-2`
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- **2025-03-20** Second Reading `reading-2`
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- **2025-03-20** Placed on Calendar Order of 3rd Reading April 1, 2025
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- **2025-04-03** Third Reading - Passed; 053-000-000 `passage, reading-3`
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- **2025-04-04** Arrived in House `introduction`
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- **2025-04-04** Chief House Sponsor Rep. Bob Morgan
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- **2025-04-07** First Reading `reading-1`
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- **2025-04-07** Referred to Rules Committee
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- **2025-04-17** Assigned to Judiciary - Civil Committee `referral-committee`
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- **2025-04-23** Do Pass / Short Debate Judiciary - Civil Committee; 016-000-000
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- **2025-04-23** Placed on Calendar 2nd Reading - Short Debate `reading-2`
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- **2025-05-14** Second Reading - Short Debate `reading-2`
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- **2025-05-14** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2025-05-21** Third Reading - Short Debate - Passed 109-000-000 `passage, reading-3`
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- **2025-05-21** Passed Both Houses
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- **2025-06-18** Sent to the Governor `executive-receipt`
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- **2025-08-01** Governor Approved `executive-signature`
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- **2025-08-01** Effective Date January 1, 2026
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- **2025-08-01** Public Act . . . . . . . . . 104-0104 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b19fadf7-1818-4fab-898e-01b342bfa736`. Confidence: reported (aggregated from official Illinois legislature records).
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