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republic-os/legislation/us/states/il/99th/sb-2303.md
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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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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 BUSINESS-FUND TRANSFERS Amends the Business Corporation Act of 1983. In provisions concerning the Department of Business Services Special Operations Fund, provides that on or before August 31 of each year, the balance in the Fund in excess of $600,000 shall be transferred to the General Revenue Fund (rather than the balance in the Fund at the end of any fiscal year shall not exceed $600,000 and any amount in excess thereof shall be transferred to the General Revenue Fund). In provisions concerning the Corporate Franchise Tax Refund Fund, provides that on or before August 31 of each year, the balance in the Fund in excess of $100,000 shall be transferred to the General Revenue Fund (rather than within a reasonable time after the 30th day of June of each year, the Secretary of State shall direct and the Comptroller shall order transferred to the General Revenue Fund all amounts in excess of $100,000 remaining in the fund as of June 30). Amends the Uniform Partnership Act (1997). In a provision concerning the Division of Corporations Limited Liability Partnership Fund, provides that on or before August 31 of each year, the balance in the Fund in excess of $200,000 shall be transferred to the General Revenue Fund (rather than the balance of the Fund at the end of any fiscal year shall not exceed $200,000, and any amount in excess thereof shall be transferred to the General Revenue Fund). us/states/il Illinois General Assembly 99th SB 2303 Illinois SB 2303 (99th)
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3 27 2 2016-01-27 2016-07-22 openstates ocd-bill/382ee349-ddb5-4d6e-a18e-a58a4dec40d5 http://ilga.gov/legislation/BillStatus.asp?DocNum=2303&GAID=13&DocTypeID=SB&LegId=93553&SessionID=88&GA=99 7e4734963da1ff13b117d0b60df7b9683ff5c9b274d9b2b63d908717d1b9a0d2 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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us-il

Illinois SB 2303 (99th) — BUSINESS-FUND TRANSFERS

Amends the Business Corporation Act of 1983. In provisions concerning the Department of Business Services Special Operations Fund, provides that on or before August 31 of each year, the balance in the Fund in excess of $600,000 shall be transferred to the General Revenue Fund (rather than the balance in the Fund at the end of any fiscal year shall not exceed $600,000 and any amount in excess thereof shall be transferred to the General Revenue Fund). In provisions concerning the Corporate Franchise Tax Refund Fund, provides that on or before August 31 of each year, the balance in the Fund in excess of $100,000 shall be transferred to the General Revenue Fund (rather than within a reasonable time after the 30th day of June of each year, the Secretary of State shall direct and the Comptroller shall order transferred to the General Revenue Fund all amounts in excess of $100,000 remaining in the fund as of June 30). Amends the Uniform Partnership Act (1997). In a provision concerning the Division of Corporations Limited Liability Partnership Fund, provides that on or before August 31 of each year, the balance in the Fund in excess of $200,000 shall be transferred to the General Revenue Fund (rather than the balance of the Fund at the end of any fiscal year shall not exceed $200,000, and any amount in excess thereof shall be transferred to the General Revenue Fund).

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 — 115–0 (pass) · lower
  • Third Reading — 51–0 (pass) · upper

Sponsors

  • Heather A. Steans — primary (person)

Timeline

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

  • 2016-01-27 Filed with Secretary by Sen. Heather A. Steans filing
  • 2016-01-27 First Reading reading-1
  • 2016-01-27 Referred to Assignments referral-committee
  • 2016-02-03 Assigned to State Government and Veterans Affairs referral-committee
  • 2016-02-18 Do Pass State Government and Veterans Affairs; 006-000-000 committee-passage
  • 2016-02-18 Placed on Calendar Order of 2nd Reading March 1, 2016
  • 2016-03-03 Second Reading reading-2
  • 2016-03-03 Placed on Calendar Order of 3rd Reading March 8, 2016
  • 2016-04-12 Third Reading - Passed; 051-000-000 reading-3, passage
  • 2016-04-12 Arrived in House introduction
  • 2016-04-12 Chief House Sponsor Rep. Gregory Harris
  • 2016-04-12 First Reading reading-1
  • 2016-04-12 Referred to Rules Committee referral-committee
  • 2016-04-18 Assigned to Revenue & Finance Committee referral-committee
  • 2016-04-27 To Sales and Other Taxes Subcommittee
  • 2016-05-12 Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 005-000-000 committee-passage
  • 2016-05-12 Remains in Revenue & Finance Committee
  • 2016-05-12 Do Pass / Short Debate Revenue & Finance Committee; 012-000-000 committee-passage
  • 2016-05-12 Placed on Calendar 2nd Reading - Short Debate
  • 2016-05-17 Second Reading - Short Debate reading-2
  • 2016-05-17 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2016-05-18 Third Reading - Short Debate - Passed 115-000-000 reading-3, passage
  • 2016-05-18 Passed Both Houses
  • 2016-06-16 Sent to the Governor executive-receipt
  • 2016-07-22 Governor Approved executive-signature
  • 2016-07-22 Effective Date January 1, 2017
  • 2016-07-22 Public Act . . . . . . . . . 99-0620 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/382ee349-ddb5-4d6e-a18e-a58a4dec40d5. Confidence: reported (aggregated from official Illinois legislature records).

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