CORPORATE ACCOUNTABILITY
Do you support it?
Want to know if it passes?
We'll email you when HB 3053 moves — a committee vote, a floor vote, or a signature. Nothing else.
Free forever · unsubscribe in one click.
Your answer was recorded either way.
Which district are you in?
Your ZIP is all we need to match you to your own representatives — so we can tell you how they voted on HB 3053.
You're tracking HB 3053
We'll email you the moment it moves.
HB 3053 — CORPORATE ACCOUNTABILITY
Last action — Public Act . . . . . . . . . 93-0496
No card. One bill, free forever — alerts when it moves.
-
✓Introduced
-
✓In Committee
-
✓Passed House
-
✓Passed Senate
-
✓To Executive
-
6Enacted
This bill has been enacted into law. Introduced February 26, 2003. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
-
Enacted
Current position in the legislative process.
-
6 sponsors
0 primary, 6 co-sponsors signed on.
-
Single-party support
Sponsorship is currently within one party (1 D).
-
Mixed recorded votes
1 passed, 1 failed in recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
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.
Bill Text
What changed in the latest version
5 added · 5 removedPlain-language change summary
In the latest version of Bill HB 3053, some specific lines were added and others were removed. This change likely reflects a clarification or update in the text of the bill, ensuring that it aligns better with current needs or regulations. These adjustments are important because they can affect how the law will be interpreted and implemented, potentially impacting those it is meant to govern or benefit.
HB3053 EngrossedEnrolled LRB093 06827 JLS 06972 b AN ACT concerning business practices.
(720 ILCS 5/17-26 new) _e_____________________t______________________i____ _a_____________________y__________________ _________________c_______________________h____________ _i_____________________r______________________o_____________ _h_____________________o_______________________t____________ _a__________________ _____________a_____________________i_____________ ________________ ____________g________________________a___________ _________________o______________________c_____________ _________________o______________________r_____________ ____ ____________t______________________n_____________ _________________i______________________s_____________ _________________t______________________e_____________ _________________p______________________h_____________ _________________n___ ____________n______________________n_____________ HB3053 EngrossedEnrolled -2- LRB093 06827 JLS 06972 b _________________t_______________________e____________ _________________t________________________m___________ _________________s_________ ____________g______________________f_____________ _________________c_______________________t____________ _________________o________________________t___________ _________________o__ _________________r_______________________c____________ _e_____________________f______ ______________p____________________i_____________ _________________o______________________c_____________ _________________o______________________c_____________ _________________h______________________a____________ ____________o_______________________i____________ __________________s_____________________s_____________ _________________n______________________l_____________ _________________e______________________m_____________ ___________________s____________________e_____________ _________________n_______________________o____________ __________________o_____________________t_____________ _________________o______________________s_____________ ____________ ____________s_______________________t____________ _________________i______________________o_____________ _________________a______________________a_________ _________________c_______________________c____________ _e_____________________o_______________________a____________ _i_____________________e______________________S_____________ _e_____________________)______________________c_____________ _9_____________________.______________________D_______ ____________o________________________c___________ _________________i______________________o_____________ _________________u________________________t___________ _________________s______________________d_____________ HB3053 EngrossedEnrolled -3- LRB093 06827 JLS 06972 b _______________ ____________o________________________c___________ _________________i______________________o_____________ _________________u_______________________a____________ _________________t______________________t_____________ _________________a______________________o_____________ _________________a____ _b______________________d_____________________a_____________ _____o_____________________e______________________g_____________ _______2___________________b_______________________v____________ _____S_____________________$_______________________i____________ _____s____________ (720 ILCS 5/17-27 new) _e_____________________i___________ _a_____________________s______________________n_____________ _____e_______________________a____________________t_____________ _____n_____________________e_______________________e____________ _____i_____________________e______________________,_____________ ______c____________________d_______________________o____________ _____e______________________m_________ _________________r_________________________e__________ _r_____________________i_______________________p____________ _b_____________________i______________________e_____________ _e_____________________u______________________o_____________ _l_____________________o_______________________o____________ _p_____________________w______________________i_____________ _r_____________________i________________ _________________a________________________o___________ _e_____________________t______ _________________i______________________s_____________ _o_____________________r______________________o_____________ _r_____________________n______________________h_____________ _m______________________o_____________________r_____________ HB3053 EngrossedEnrolled -4- LRB093 06827 JLS 06972 b _n_____________________a_______________________r____________ _u______________________s____________________ _b______________________d_____________________a_____________ _____o_____________________e______________________g_____________ _______2___________________b_______________________v____________ _____S_____________________$_______________________i____________ _____s____________ (720 ILCS 5/29A-3) (from Ch.
77-2638.) (720 ILCS 5/29A-4 new) _e______________________C___________ _a_____________________y______________________d_____________ _____w______________________t______________________c____________ _____l_____________________e______________________1_____________ _____s_____________________e______________________n_____________ ______o____________________l______________________c________ _b_____________________e_______________________(____________ _____i_____________________a______________________s_____________ _____y_____________________S______________________s_____________ ______b____________________e______________________s_____________ _____r_____________________a______________________t_____________ HB3053 EngrossedEnrolled -5- LRB093 06827 JLS 06972 b _____l_____________________d______________________a_____________ _____,_____________________t______________________t_____________ _____t_____________________n_______________________c____________ _____i_____________________n_______________________d__________
Action History
-
Public Act . . . . . . . . . 93-0496
-
Effective Date January 1, 2004
-
Governor Approved
-
Sent to the Governor
-
Passed Both Houses
-
Third Reading - Passed; 056-000-000
-
Added as Alternate Co-Sponsor Sen. Mattie Hunter
-
Added as Alternate Co-Sponsor Sen. Dale E. Risinger
-
Added as Alternate Co-Sponsor Sen. Richard J. Winkel, Jr.
-
Added as Alternate Co-Sponsor Sen. Pamela J. Althoff
-
Added as Alternate Co-Sponsor Sen. Larry K. Bomke
-
Placed on Calendar Order of 3rd Reading May 1, 2003
-
Second Reading
-
Placed on Calendar Order of 2nd Reading April 29, 2003
-
Do Pass Judiciary; 010-000-000
-
Assigned to Judiciary
-
Referred to Rules
-
First Reading
-
Chief Senate Sponsor Sen. Patrick Welch
-
Placed on Calendar Order of First Reading March 21, 2003
-
Arrive in Senate
-
Third Reading - Short Debate - Passed 113-000-000
-
Placed on Calendar Order of 3rd Reading - Short Debate
-
Motion to Reconsider Vote - Prevails 112-001-000
-
Third Reading - Short Debate - Passed 110-000-003
-
Added Co-Sponsor Rep. Larry McKeon
-
Added Co-Sponsor Rep. Eileen Lyons
-
Added Co-Sponsor Rep. Elaine Nekritz
-
Added Chief Co-Sponsor Rep. John A. Fritchey
-
Added Chief Co-Sponsor Rep. Mike Boland
-
Added Chief Co-Sponsor Rep. Jack D. Franks
-
Added Chief Co-Sponsor Rep. Kevin Joyce
-
Placed on Calendar Order of 3rd Reading - Short Debate
-
Second Reading - Short Debate
-
Placed on Calendar 2nd Reading - Short Debate
-
Do Pass as Amended / Short Debate Commerce and Business Development Committee; 018-000-000
-
House Committee Amendment No. 1 Adopted in Commerce and Business Development Committee; by Voice Vote
-
House Committee Amendment No. 1 Filed with Clerk by Commerce and Business Development Committee
-
Pension Note Filed
-
Assigned to Commerce and Business Development Committee
-
Referred to Rules Committee
-
First Reading
-
Filed with the Clerk by Rep. Robert S. Molaro
Sponsors
- Robert S. Molaro · Cosponsor
- Larry K. Bomke · Cosponsor
- Pamela J. Althoff · Cosponsor
- Jr. Richard J. Winkel · Cosponsor
- Dale E. Risinger · Cosponsor
- Mattie Hunter · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 6 co-sponsors · 177 not signed on · 1 voted No
Sponsors (0)
None.
Co-sponsors (6)
- Robert S. Molaro
- Larry K. Bomke
- Pamela J. Althoff
- Richard J. Winkel, Jr.
- Dale E. Risinger
- Mattie Hunter Democrat
Not signed on (177)
177 members have not signed on to this bill.
Show all 177 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 49 | 0 | 0 | 2 |
| Democrat | 7 | 0 | 0 | 0 |
| Republican | 0 | 0 | 0 | 1 |
| Total | 56 | 0 | 0 | 3 |
| % of votes cast | 95% | 0% | 0% | 5% |
How each member voted (59)
| Member | Party | Vote |
|---|---|---|
| Sandoval | — | Yea |
| Soden | — | Yea |
| Luechtefeld | — | Yea |
| Althoff | — | Yea |
| Martinez | — | Yea |
| Bomke | — | Yea |
| Burzynski | — | Yea |
| Halvorson | — | Yea |
| Hendon | — | Yea |
| Obama | — | Yea |
| Silverstein | — | Yea |
| Sullivan, D. | — | Yea |
| Brady | — | Yea |
| Haine | — | Yea |
| Sullivan, J. | — | Yea |
| Petka | — | Yea |
| Lauzen | — | Yea |
| Link | — | Yea |
| Jacobs | — | Yea |
| Jones, J. | — | Yea |
| Maloney | — | Yea |
| Jones, W. | — | Yea |
| Watson | — | Yea |
| Cullerton | — | Yea |
| Meeks | — | Yea |
| Demuzio | — | Yea |
| Munoz | — | Not Voting |
| Schoenberg | — | Yea |
| Shadid | — | Yea |
| Sieben | — | Yea |
| Trotter | — | Yea |
| Viverito | — | Yea |
| Winkel | — | Yea |
| Wojcik | — | Yea |
| Woolard | — | Yea |
| Clayborne | — | Yea |
| Cronin | — | Yea |
| Crotty | — | Yea |
| DeLeo | — | Yea |
| Dillard | — | Yea |
| Garrett | — | Yea |
| Geo-Karis | — | Yea |
| Peterson | — | Yea |
| Radogno | — | Yea |
| Rauschenberger | — | Not Voting |
| Righter | — | Yea |
| Risinger | — | Yea |
| Ronen | — | Yea |
| Roskam | — | Yea |
| Rutherford | — | Yea |
| del Valle | — | Yea |
| Don Harmon | Democrat | Yea |
| Emanuel "Chris" Welch | Democrat | Yea |
| Emil Jones, III | Democrat | Yea |
| Kimberly A. Lightford | Democrat | Yea |
| Lakesia Collins | Democrat | Yea |
| Lawrence "Larry" Walsh, Jr. | Democrat | Yea |
| Mattie Hunter | Democrat | Yea |
| Dave Syverson | Republican | Not Voting |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 101 | 0 | 0 | 5 |
| Democrat | 9 | 0 | 0 | 0 |
| Republican | 2 | 1 | 0 | 0 |
| Total | 112 | 1 | 0 | 5 |
| % of votes cast | 95% | 1% | 0% | 4% |
How each member voted (118)
| Member | Party | Vote |
|---|---|---|
| Saviano | — | Yea |
| Schmitz | — | Yea |
| Scully | — | Yea |
| Slone | — | Yea |
| Sommer | — | Yea |
| Soto | — | Yea |
| Leitch | — | Yea |
| Acevedo | — | Yea |
| Aguilar | — | Yea |
| Bassi | — | Yea |
| Mathias | — | Yea |
| Beaubien | — | Yea |
| Bellock | — | Yea |
| Berrios | — | Yea |
| Mautino | — | Yea |
| Biggins | — | Yea |
| Black | — | Yea |
| Boland | — | Yea |
| May | — | Not Voting |
| Bost | — | Yea |
| Brauer | — | Yea |
| Dunkin | — | Yea |
| Dunn | — | Yea |
| Eddy | — | Yea |
| Flider | — | Yea |
| Flowers | — | Yea |
| Forby | — | Yea |
| Franks | — | Yea |
| Fritchey | — | Yea |
| Lang | — | Yea |
| Lindner | — | Yea |
| McCarthy | — | Yea |
| Parke | — | Yea |
| Phelps | — | Yea |
| Pihos | — | Yea |
| Bailey | — | Yea |
| Lyons, Eileen | — | Yea |
| Lyons, Joseph | — | Yea |
| Reitz | — | Yea |
| Brosnahan | — | Yea |
| Brunsvold | — | Not Voting |
| Capparelli | — | Yea |
| McAuliffe | — | Yea |
| Moffitt | — | Yea |
| Mulligan | — | Yea |
| Giles | — | Yea |
| Hamos | — | Yea |
| Hassert | — | Yea |
| Nekritz | — | Yea |
| Jakobsson | — | Yea |
| Jefferson | — | Yea |
| Osmond | — | Yea |
| Pankau | — | Yea |
| Krause | — | Yea |
| McGuire | — | Yea |
| Kurtz | — | Yea |
| McKeon | — | Yea |
| Mendoza | — | Yea |
| Bradley, Richard | — | Yea |
| Meyer | — | Yea |
| Brady | — | Yea |
| Millner | — | Yea |
| Molaro | — | Yea |
| Morrow | — | Yea |
| Munson | — | Yea |
| Hannig | — | Yea |
| Mitchell, Bill | — | Yea |
| Myers | — | Yea |
| Burke | — | Yea |
| Mitchell, Jerry | — | Yea |
| Novak | — | Yea |
| O'Brien | — | Yea |
| Sullivan | — | Yea |
| Osterman | — | Yea |
| Tenhouse | — | Yea |
| Turner | — | Yea |
| Howard | — | Yea |
| Wait | — | Yea |
| Washington | — | Yea |
| Winters | — | Yea |
| Watson | — | Yea |
| Wirsing | — | Yea |
| Jones | — | Yea |
| Yarbrough | — | Yea |
| Davis, Monique | — | Yea |
| Davis, Steve | — | Yea |
| Churchill | — | Yea |
| Colvin | — | Yea |
| Coulson | — | Yea |
| Cross | — | Yea |
| Cultra | — | Yea |
| Currie | — | Yea |
| Froehlich | — | Yea |
| Graham | — | Yea |
| Granberg | — | Yea |
| Hartke | — | Yea |
| Holbrook | — | Yea |
| Hultgren | — | Yea |
| Kosel | — | Yea |
| Madigan | — | Not Voting |
| Younge | — | Not Voting |
| Daniels | — | Not Voting |
| Poe | — | Yea |
| Ryg | — | Yea |
| Sacia | — | Yea |
| Chapa LaVia | — | Yea |
| Eva-Dina Delgado | Democrat | Yea |
| Jay Hoffman | Democrat | Yea |
| Lakesia Collins | Democrat | Yea |
| Michael J. Kelly | Democrat | Yea |
| Nicholas K. Smith | Democrat | Yea |
| Patrick J. Joyce | Democrat | Yea |
| Robert "Bob" Rita | Democrat | Yea |
| Sara Feigenholtz | Democrat | Yea |
| William "Will" Davis | Democrat | Yea |
| Brad Stephens | Republican | Nay |
| Chapin Rose | Republican | Yea |
| Chris Miller | Republican | Yea |
Subjects
Frequently asked questions
- What does HB 3053 do?
- 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.
- Who sponsors HB 3053?
- HB 3053 is sponsored by Robert S. Molaro, Larry K. Bomke, Pamela J. Althoff, Richard J. Winkel, Jr., Dale E. Risinger, and Mattie Hunter (Democrat).
- What is the current status of HB 3053?
- This bill has been enacted into law. Introduced February 26, 2003. Enacted.
- Where can I track HB 3053?
- Track HB 3053 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on HB 3053
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of HB 3053
Last checked for changes 3 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →