republic-os/legislation/us/states/il/93rd/hb-3053.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	CORPORATE ACCOUNTABILITY	Amends the Deposit of State Moneys Act, the Public Funds Investment Act, and the Illinois Pension Code to prohibit investment in corporations formerly incorporated in the United States that have incorporated in a foreign country to avoid taxes. Amends the Criminal Code of 1961 to establish penalties for misconduct by a corporate official and fraud in insolvency and to create the Corporate Crime Fund, a special fund in the State treasury, to be used to provide restitution to victims of commercial bribery. Increases the penalties for commercial bribery.	us/states/il	Illinois General Assembly	93rd	HB 3053	Illinois HB 3053 (93rd)	bill		enacted		3	43	4	2003-02-26	2003-08-08	openstates	ocd-bill/776738e8-58bb-4bef-bfb9-8f37ffa9ea13	http://ilga.gov/legislation/BillStatus.asp?DocNum=3053&GAID=3&DocTypeID=HB&LegId=5627&SessionID=3&GA=93	8957fcbdeb0ced5049fc3718a5be9fa7bad8c6f45f3edc768a0d7d12a3710273	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois HB 3053 (93rd) — CORPORATE ACCOUNTABILITY

Amends the Deposit of State Moneys Act, the Public Funds Investment Act, and the Illinois Pension Code to prohibit investment in corporations formerly incorporated in the United States that have incorporated in a foreign country to avoid taxes. Amends the Criminal Code of 1961 to establish penalties for misconduct by a corporate official and fraud in insolvency and to create the Corporate Crime Fund, a special fund in the State treasury, to be used to provide restitution to victims of commercial bribery. Increases the penalties for commercial bribery.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. Introduced (filed) — source
2. Engrossed (committee substitute) — source
3. Enrolled (enrolled) — source

Votes

• Third Reading — 110–0 (pass) · lower
• Third Reading — 113–0 (pass) · lower
• Third Reading — 112–1 (fail) · lower
• Third Reading — 56–0 (pass) · upper

Sponsors

• Dale E. Risinger — cosponsor (person)
• Larry K. Bomke — cosponsor (person)
• Mattie Hunter — cosponsor (person)
• Pamela J. Althoff — cosponsor (person)
• Richard J. Winkel, Jr. — cosponsor (person)
• Robert S. Molaro — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2003-02-26 Filed with the Clerk by Rep. Robert S. Molaro filing
• 2003-02-26 First Reading reading-1
• 2003-02-26 Referred to Rules Committee referral-committee
• 2003-02-27 Assigned to Commerce and Business Development Committee referral-committee
• 2003-03-11 Pension Note Filed
• 2003-03-13 House Committee Amendment No. 1 Filed with Clerk by Commerce and Business Development Committee amendment-introduction
• 2003-03-13 House Committee Amendment No. 1 Adopted in Commerce and Business Development Committee; by Voice Vote amendment-passage
• 2003-03-13 Do Pass as Amended / Short Debate Commerce and Business Development Committee; 018-000-000 committee-passage
• 2003-03-13 Placed on Calendar 2nd Reading - Short Debate
• 2003-03-18 Second Reading - Short Debate reading-2
• 2003-03-18 Placed on Calendar Order of 3rd Reading - Short Debate
• 2003-03-19 Added Chief Co-Sponsor Rep. Kevin Joyce
• 2003-03-19 Added Chief Co-Sponsor Rep. Jack D. Franks
• 2003-03-19 Added Chief Co-Sponsor Rep. Mike Boland
• 2003-03-19 Added Chief Co-Sponsor Rep. John A. Fritchey
• 2003-03-19 Added Co-Sponsor Rep. Elaine Nekritz
• 2003-03-19 Added Co-Sponsor Rep. Eileen Lyons
• 2003-03-19 Added Co-Sponsor Rep. Larry McKeon
• 2003-03-19 Third Reading - Short Debate - Passed 110-000-003 reading-3, passage
• 2003-03-19 Motion to Reconsider Vote - Prevails 112-001-000
• 2003-03-19 Placed on Calendar Order of 3rd Reading - Short Debate
• 2003-03-19 Third Reading - Short Debate - Passed 113-000-000 reading-3, passage
• 2003-03-20 Arrive in Senate introduction
• 2003-03-20 Placed on Calendar Order of First Reading March 21, 2003 reading-1
• 2003-03-24 Chief Senate Sponsor Sen. Patrick Welch
• 2003-03-26 First Reading reading-1
• 2003-03-26 Referred to Rules referral-committee
• 2003-04-03 Assigned to Judiciary referral-committee
• 2003-04-16 Do Pass Judiciary; 010-000-000 committee-passage
• 2003-04-16 Placed on Calendar Order of 2nd Reading April 29, 2003
• 2003-04-30 Second Reading reading-2
• 2003-04-30 Placed on Calendar Order of 3rd Reading May 1, 2003
• 2003-05-01 Added as Alternate Co-Sponsor Sen. Larry K. Bomke
• 2003-05-05 Added as Alternate Co-Sponsor Sen. Pamela J. Althoff
• 2003-05-06 Added as Alternate Co-Sponsor Sen. Richard J. Winkel, Jr.
• 2003-05-06 Added as Alternate Co-Sponsor Sen. Dale E. Risinger
• 2003-05-15 Added as Alternate Co-Sponsor Sen. Mattie Hunter
• 2003-05-15 Third Reading - Passed; 056-000-000 reading-3, passage
• 2003-05-15 Passed Both Houses
• 2003-06-13 Sent to the Governor executive-receipt
• 2003-08-08 Governor Approved executive-signature
• 2003-08-08 Effective Date January 1, 2004
• 2003-08-08 Public Act . . . . . . . . . 93-0496 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/776738e8-58bb-4bef-bfb9-8f37ffa9ea13. Confidence: reported (aggregated from official Illinois legislature records).