SB 709 — BUSINESS ORGANIZATIONS-TECH
Last action — Session Sine Die
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 93rd Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Amends the Business Corporation Act of 1983. Makes a technical change in a Section concerning franchise taxes payable by domestic corporations.
Bill Text
What changed in the latest version
2 added · 2 removedPlain-language change summary
The amendments made to Bill SB 709 included the addition of two lines, while the previous two lines were removed. This change may reflect a clarification or update in the bill's language to enhance its effectiveness or ensure it aligns better with the intended goals. Such adjustments are important as they can impact how the law is implemented or interpreted.
093_SB0709SB709 Engrossed LRB093 03117 MBS 03134 b AN ACT regarding business corporations.
(c) An additional franchise tax at the time of filing a report of paid-in capital following a statutory merger or consolidation, which discloses that the paid-in capital of the surviving or new corporation immediately after the merger or consolidation is greater than the sum of the paid-in capital of all of the merged or consolidated corporations as SB709 Engrossed -2- LRB093 03117 MBS 03134 b last reported by them in any documents, other than annual reports, required by this Act to be filed in the office of the Secretary of State;
Action History
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Session Sine Die
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Rule 19(a) / Re-referred to Rules Committee
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Remains in Local Government Committee
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Motion Do Pass - Lost Local Government Committee; 006-012-000
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House Committee Amendment No. 1 Adopted in Local Government Committee; 022-000-000
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House Committee Amendment No. 1 Filed with Clerk by Local Government Committee
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Alternate Chief Sponsor Changed to Rep. Marlow H. Colvin
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Re-assigned to Local Government Committee
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Assigned to Executive Committee
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Referred to Rules Committee
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First Reading
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Chief House Sponsor Rep. Michael J. Madigan
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Placed on Calendar Order of First Reading
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Arrived in House
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Third Reading - Passed; 032-016-002
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Verified
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Placed on Calendar Order of 3rd Reading ** March 19, 2003
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Second Reading
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Placed on Calendar Order of 2nd Reading March 18, 2003
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Do Pass Executive; 008-005-000
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Assigned to Executive
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Referred to Rules
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First Reading
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Chief Co-Sponsor Sen. Emil Jones, Jr.
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Filed with Secretary by Sen. John J. Cullerton
Sponsors
- John J. Cullerton · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 1 co-sponsors · 182 not signed on · 1 voted No
Sponsors (0)
None.
Co-sponsors (1)
- John J. Cullerton
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"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 | 25 | 15 | 0 | 11 |
| Democrat | 7 | 0 | 0 | 0 |
| Republican | 0 | 1 | 0 | 0 |
| Total | 32 | 16 | 0 | 11 |
| % of votes cast | 54% | 27% | 0% | 19% |
How each member voted (59)
| Member | Party | Vote |
|---|---|---|
| Sandoval | — | Yea |
| Lauzen | — | Nay |
| Maloney | — | Yea |
| Althoff | — | Nay |
| Martinez | — | Yea |
| Bomke | — | Not Voting |
| Burzynski | — | Not Voting |
| Cronin | — | Nay |
| Garrett | — | Yea |
| Geo-Karis | — | Not Voting |
| Halvorson | — | Yea |
| Link | — | Yea |
| Meeks | — | Yea |
| Obama | — | Yea |
| Munoz | — | Yea |
| Philip | — | Nay |
| Schoenberg | — | Yea |
| Shadid | — | Yea |
| Jacobs | — | Yea |
| Cullerton | — | Yea |
| Silverstein | — | Yea |
| Demuzio | — | Yea |
| Sullivan, J. | — | Nay |
| Jones, J. | — | Nay |
| Trotter | — | Yea |
| Jones, W. | — | Nay |
| Clayborne | — | Yea |
| Crotty | — | Yea |
| DeLeo | — | Yea |
| Haine | — | Yea |
| Hendon | — | Yea |
| Viverito | — | Yea |
| Woolard | — | Yea |
| Watson | — | Nay |
| Petka | — | Not Voting |
| Luechtefeld | — | Nay |
| Sullivan, D. | — | Not Voting |
| Brady | — | Not Voting |
| Sieben | — | Not Voting |
| Winkel | — | Not Voting |
| Wojcik | — | Not Voting |
| Dillard | — | Nay |
| Peterson | — | Not Voting |
| Radogno | — | Nay |
| Rauschenberger | — | Nay |
| Righter | — | Nay |
| Risinger | — | Not Voting |
| Ronen | — | Yea |
| Roskam | — | Nay |
| Rutherford | — | Nay |
| 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 | Nay |
Subjects
Frequently asked questions
- What does SB 709 do?
- Amends the Business Corporation Act of 1983. Makes a technical change in a Section concerning franchise taxes payable by domestic corporations.
- Who sponsors SB 709?
- SB 709 is sponsored by John J. Cullerton.
- What is the current status of SB 709?
- This bill died with 93rd Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 709?
- Track SB 709 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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