Fabio
5.6 KiB
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 | LLC-VARIOUS | Amends the Limited Liability Company Act. Establishes distinctions between membership interests. Provides for the appointment of officers. Authorizes the use of oral operating agreements. Makes changes concerning electronic signatures. Makes changes regarding a member's right to information. Provides that members of limited liability company are not agents solely because of membership. Expands the scope of operating agreements. Makes changes concerning unauthorized distributions. Provides that creditors acquire only distributional rights. Requires judicial action for dissolution based upon illegality. Abolishes certain statutory buyout rights. Provides for domestication of foreign companies. Provides for conversion of business entities into other forms. Requires the filing of a post office address for service of process. Limits the ability of companies to transact business until an application is filed with the Secretary of State. Makes technical and other changes. Effective July 1, 2017. | us/states/il | Illinois General Assembly | 99th | HB 4361 | Illinois HB 4361 (99th) |
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enacted | 3 | 26 | 2 | 2015-12-14 | 2016-07-28 | openstates | ocd-bill/b2861849-d116-4089-9869-9690da27122a | http://ilga.gov/legislation/BillStatus.asp?DocNum=4361&GAID=13&DocTypeID=HB&LegId=93082&SessionID=88&GA=99 | 75862f232e25e4f966d2510741442e5eed449fc6a541ad16ef6d102d7703935e | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois HB 4361 (99th) — LLC-VARIOUS
Amends the Limited Liability Company Act. Establishes distinctions between membership interests. Provides for the appointment of officers. Authorizes the use of oral operating agreements. Makes changes concerning electronic signatures. Makes changes regarding a member's right to information. Provides that members of limited liability company are not agents solely because of membership. Expands the scope of operating agreements. Makes changes concerning unauthorized distributions. Provides that creditors acquire only distributional rights. Requires judicial action for dissolution based upon illegality. Abolishes certain statutory buyout rights. Provides for domestication of foreign companies. Provides for conversion of business entities into other forms. Requires the filing of a post office address for service of process. Limits the ability of companies to transact business until an application is filed with the Secretary of State. Makes technical and other changes. Effective July 1, 2017.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Third Reading — 112–0 (pass) · lower
- Third Reading — 54–0 (pass) · upper
Sponsors
- Elaine Nekritz — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2015-12-14 Filed with the Clerk by Rep. Elaine Nekritz
filing - 2016-01-13 First Reading
reading-1 - 2016-01-13 Referred to Rules Committee
referral-committee - 2016-02-23 Assigned to Judiciary - Civil Committee
referral-committee - 2016-04-06 Do Pass / Short Debate Judiciary - Civil Committee; 011-000-000
committee-passage - 2016-04-07 Placed on Calendar 2nd Reading - Short Debate
- 2016-04-12 Second Reading - Short Debate
reading-2 - 2016-04-12 Placed on Calendar Order of 3rd Reading - Short Debate
- 2016-04-14 Third Reading - Short Debate - Passed 112-000-001
reading-3, passage - 2016-04-15 Added Chief Co-Sponsor Rep. Carol Sente
- 2016-04-18 Arrive in Senate
introduction - 2016-04-18 Placed on Calendar Order of First Reading April 19, 2016
reading-1 - 2016-04-18 Chief Senate Sponsor Sen. Don Harmon
- 2016-04-18 First Reading
reading-1 - 2016-04-18 Referred to Assignments
referral-committee - 2016-04-27 Assigned to Judiciary
referral-committee - 2016-05-04 Do Pass Judiciary; 010-000-000
committee-passage - 2016-05-04 Placed on Calendar Order of 2nd Reading May 5, 2016
- 2016-05-10 Second Reading
reading-2 - 2016-05-10 Placed on Calendar Order of 3rd Reading May 11, 2016
- 2016-05-26 Third Reading - Passed; 054-000-000
reading-3, passage - 2016-05-26 Passed Both Houses
- 2016-06-24 Sent to the Governor
executive-receipt - 2016-07-28 Governor Approved
executive-signature - 2016-07-28 Effective Date July 1, 2017
- 2016-07-28 Public Act . . . . . . . . . 99-0637
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b2861849-d116-4089-9869-9690da27122a. Confidence: reported (aggregated from official Illinois legislature records).