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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 BENEFIT CORPORATION ACT Creates the Benefit Corporation Act. Provides that a corporation may elect to become a benefit corporation by amending its articles of incorporation. Provides that in addition to its purposes under the Business Corporation Act of 1983 and any specific purpose set forth in its articles of incorporation, a benefit corporation shall have a purpose of creating general public benefit. Requires the preparation of an annual report for specified distribution and filing with the Secretary of State. Defines key terms and contains provisions concerning accountability and transparency. us/states/il Illinois General Assembly 97th SB 2897 Illinois SB 2897 (97th)
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3 52 2 2012-02-01 2012-08-02 openstates ocd-bill/b9678d61-e9be-4550-b5f9-6d00c0f6daeb http://ilga.gov/legislation/BillStatus.asp?DocNum=2897&GAID=11&DocTypeID=SB&LegId=63455&SessionID=84&GA=97 8593119c7dffcadd58f365b9e73aa00446c6eb1a026d83239854a1f34e1178ae 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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Illinois SB 2897 (97th) — BENEFIT CORPORATION ACT

Creates the Benefit Corporation Act. Provides that a corporation may elect to become a benefit corporation by amending its articles of incorporation. Provides that in addition to its purposes under the Business Corporation Act of 1983 and any specific purpose set forth in its articles of incorporation, a benefit corporation shall have a purpose of creating general public benefit. Requires the preparation of an annual report for specified distribution and filing with the Secretary of State. Defines key terms and contains provisions concerning accountability and transparency.

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 — 3021 (pass) · upper
  • Third Reading — 6647 (pass) · lower

Sponsors

  • André M. Thapedi — cosponsor (person)
  • Greg Harris — cosponsor (person)
  • Jason Barickman — cosponsor (person)
  • Kimberly du Buclet — cosponsor (person)
  • Michael J. Zalewski — cosponsor (person)
  • Michael W. Frerichs — primary (person)
  • Mike Fortner — cosponsor (person)
  • Robyn Gabel — cosponsor (person)

Timeline

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

  • 2012-02-01 Filed with Secretary by Sen. Michael W. Frerichs filing
  • 2012-02-01 First Reading reading-1
  • 2012-02-01 Referred to Assignments referral-committee
  • 2012-02-07 Assigned to Judiciary referral-committee
  • 2012-02-08 Added as Co-Sponsor Sen. Heather A. Steans
  • 2012-02-22 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael W. Frerichs amendment-introduction
  • 2012-02-22 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2012-02-22 Senate Committee Amendment No. 1 Assignments Refers to Judiciary
  • 2012-02-23 Postponed - Judiciary
  • 2012-02-23 Senate Committee Amendment No. 1 Postponed - Judiciary
  • 2012-02-27 Added as Chief Co-Sponsor Sen. Michael Noland
  • 2012-02-28 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2012-02-28 Do Pass as Amended Judiciary; 009-002-000 committee-passage
  • 2012-02-28 Placed on Calendar Order of 2nd Reading February 29, 2012
  • 2012-03-01 Senate Floor Amendment No. 2 Filed with Secretary by Sen. Michael W. Frerichs amendment-introduction
  • 2012-03-01 Senate Floor Amendment No. 2 Referred to Assignments referral-committee
  • 2012-03-01 Second Reading reading-2
  • 2012-03-01 Placed on Calendar Order of 3rd Reading March 6, 2012
  • 2012-03-06 Senate Floor Amendment No. 2 Assignments Refers to Judiciary
  • 2012-03-27 Senate Floor Amendment No. 2 Recommend Do Adopt Judiciary; 009-000-000
  • 2012-03-28 Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  • 2012-03-28 Recalled to Second Reading reading-2
  • 2012-03-28 Senate Floor Amendment No. 2 Adopted; Frerichs amendment-passage
  • 2012-03-28 Placed on Calendar Order of 3rd Reading
  • 2012-03-28 Verified
  • 2012-03-28 Third Reading - Passed; 030-021-001 reading-3, passage
  • 2012-03-28 Arrived in House introduction
  • 2012-03-28 Chief House Sponsor Rep. Sara Feigenholtz
  • 2012-03-28 Placed on Calendar Order of First Reading reading-1
  • 2012-03-28 First Reading reading-1
  • 2012-03-28 Referred to Rules Committee referral-committee
  • 2012-03-30 Added Alternate Chief Co-Sponsor Rep. Carol A. Sente
  • 2012-04-16 Assigned to Judiciary I - Civil Law Committee referral-committee
  • 2012-04-19 Added Alternate Co-Sponsor Rep. André M. Thapedi
  • 2012-04-25 Do Pass / Short Debate Judiciary I - Civil Law Committee; 009-002-000 committee-passage
  • 2012-04-25 Placed on Calendar 2nd Reading - Short Debate
  • 2012-04-25 Added Alternate Co-Sponsor Rep. Michael J. Zalewski
  • 2012-04-25 Added Alternate Chief Co-Sponsor Rep. Sidney H. Mathias
  • 2012-04-30 Added Alternate Co-Sponsor Rep. Jason Barickman
  • 2012-05-02 Second Reading - Short Debate reading-2
  • 2012-05-02 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2012-05-09 Added Alternate Co-Sponsor Rep. Greg Harris
  • 2012-05-10 Added Alternate Chief Co-Sponsor Rep. Karen May
  • 2012-05-10 Added Alternate Co-Sponsor Rep. Mike Fortner
  • 2012-05-10 Third Reading - Short Debate - Passed 066-047-000 reading-3, passage
  • 2012-05-10 Added Alternate Co-Sponsor Rep. Robyn Gabel
  • 2012-05-10 Added Alternate Co-Sponsor Rep. Kimberly du Buclet
  • 2012-05-10 Passed Both Houses
  • 2012-06-08 Sent to the Governor executive-receipt
  • 2012-08-02 Governor Approved executive-signature
  • 2012-08-02 Effective Date January 1, 2013
  • 2012-08-02 Public Act . . . . . . . . . 97-0885 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b9678d61-e9be-4550-b5f9-6d00c0f6daeb. Confidence: reported (aggregated from official Illinois legislature records).