republic-os/legislation/us/states/il/98th/hb-4360.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	BUS-LLC WAIVER OF DISSOLUTION	Amends the Business Corporation Act of 1983. Deletes a provision prohibiting the use of "Chicago 2016" in the corporate name without express written consent of the United States Olympic Committee. Amends the Limited Liability Company Act. Makes corresponding changes regarding the use of the term "Chicago 2016". In provisions setting forth exceptions to the prohibition against a limited liability company being formed for the business of insurance, adds an exception for the purpose of carrying on the business of a syndicate or limited syndicate under the Insurance Exchange Article of the Illinois Insurance Code. Includes foreign limited liability companies organized, existing, or subject to the Act in provisions regarding the name of a limited liability company. Sets forth requirements for waiving the right to have the limited liability company's business wound up and terminated. Effective July 1, 2014.	us/states/il	Illinois General Assembly	98th	HB 4360	Illinois HB 4360 (98th)	bill		enacted		3	33	2	2014-01-28	2014-07-16	openstates	ocd-bill/c099c049-c835-4fed-860d-c04603f64ce2	http://ilga.gov/legislation/BillStatus.asp?DocNum=4360&GAID=12&DocTypeID=HB&LegId=78587&SessionID=85&GA=98	dfa54d281250e30d14244b984cff90ca4c02240931708cbc9f1302a87562d5df	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-il

Illinois HB 4360 (98th) — BUS-LLC WAIVER OF DISSOLUTION

Amends the Business Corporation Act of 1983. Deletes a provision prohibiting the use of "Chicago 2016" in the corporate name without express written consent of the United States Olympic Committee. Amends the Limited Liability Company Act. Makes corresponding changes regarding the use of the term "Chicago 2016". In provisions setting forth exceptions to the prohibition against a limited liability company being formed for the business of insurance, adds an exception for the purpose of carrying on the business of a syndicate or limited syndicate under the Insurance Exchange Article of the Illinois Insurance Code. Includes foreign limited liability companies organized, existing, or subject to the Act in provisions regarding the name of a limited liability company. Sets forth requirements for waiving the right to have the limited liability company's business wound up and terminated. Effective July 1, 2014.

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 — 107–0 (pass) · lower
• Third Reading — 57–0 (pass) · upper

Sponsors

• Thaddeus Jones — primary (person)

Timeline

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

• 2014-01-28 Filed with the Clerk by Rep. Thaddeus Jones filing
• 2014-01-28 First Reading reading-1
• 2014-01-28 Referred to Rules Committee referral-committee
• 2014-03-03 Assigned to Judiciary referral-committee
• 2014-03-24 Do Pass / Short Debate Judiciary; 016-000-000 committee-passage
• 2014-03-25 Placed on Calendar 2nd Reading - Short Debate
• 2014-03-27 Second Reading - Short Debate reading-2
• 2014-03-27 Placed on Calendar Order of 3rd Reading - Short Debate
• 2014-03-27 Recalled to Second Reading - Short Debate reading-2
• 2014-03-27 Held on Calendar Order of Second Reading - Short Debate reading-2
• 2014-03-27 House Floor Amendment No. 1 Filed with Clerk by Rep. Thaddeus Jones amendment-introduction
• 2014-03-27 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
• 2014-04-04 Added Chief Co-Sponsor Rep. Rita Mayfield
• 2014-04-07 House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000 committee-passage-favorable
• 2014-04-09 House Floor Amendment No. 1 Adopted amendment-passage
• 2014-04-09 Placed on Calendar Order of 3rd Reading - Short Debate
• 2014-04-10 Third Reading - Short Debate - Passed 107-000-000 reading-3, passage
• 2014-04-10 Arrive in Senate introduction
• 2014-04-10 Placed on Calendar Order of First Reading April 29, 2014 reading-1
• 2014-04-10 Chief Senate Sponsor Sen. Thomas Cullerton
• 2014-04-11 First Reading reading-1
• 2014-04-11 Referred to Assignments referral-committee
• 2014-04-23 Assigned to Judiciary referral-committee
• 2014-04-29 Do Pass Judiciary; 008-000-000 committee-passage
• 2014-04-29 Placed on Calendar Order of 2nd Reading April 30, 2014
• 2014-04-30 Second Reading reading-2
• 2014-04-30 Placed on Calendar Order of 3rd Reading May 1, 2014
• 2014-05-20 Third Reading - Passed; 057-000-000 reading-3, passage
• 2014-05-20 Passed Both Houses
• 2014-06-18 Sent to the Governor executive-receipt
• 2014-07-16 Governor Approved executive-signature
• 2014-07-16 Effective Date July 16, 2014
• 2014-07-16 Public Act . . . . . . . . . 98-0720 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c099c049-c835-4fed-860d-c04603f64ce2. Confidence: reported (aggregated from official Illinois legislature records).