IllinoisSB1466104th General Assembly (2025–2026)Senate

CORPORATION-INCORPORATION DATE

Sponsored By: Julie A. Morrison (Democratic)

Signed by Governor

Summary

Amends the Business Corporation Act of 1983. Provides that the articles of incorporation of any corporation (currently, any corporation incorporated after December 31, 1981) may limit or eliminate cumulative voting rights in all or specified circumstances, or may limit or deny voting rights or may provide special voting rights as to any class or classes or series of shares of such corporation.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Julie A. Morrison

    Democratic • Senate

Cosponsors

  • Bob Morgan

    Democratic • House

  • John F. Curran

    Republican • Senate

  • Michael E. Hastings

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 187 • No: 0

House vote • 5/21/2025

Third Reading - Short Debate - Passed

Yes: 109 • No: 0

House vote • 4/23/2025

Do Pass / Short Debate Judiciary - Civil Committee;

Yes: 16 • No: 0

Senate vote • 4/3/2025

Third Reading - Passed;

Yes: 53 • No: 0

Senate vote • 3/19/2025

Do Pass Judiciary;

Yes: 9 • No: 0

Actions Timeline

  1. Public Act . . . . . . . . . 104-0104

    8/1/2025Senate
  2. Effective Date January 1, 2026

    8/1/2025Senate
  3. Governor Approved

    8/1/2025Senate
  4. Sent to the Governor

    6/18/2025Senate
  5. Passed Both Houses

    5/21/2025Senate
  6. Third Reading - Short Debate - Passed 109-000-000

    5/21/2025House
  7. Placed on Calendar Order of 3rd Reading - Short Debate

    5/14/2025House
  8. Second Reading - Short Debate

    5/14/2025House
  9. Placed on Calendar 2nd Reading - Short Debate

    4/23/2025House
  10. Do Pass / Short Debate Judiciary - Civil Committee; 016-000-000

    4/23/2025House
  11. Assigned to Judiciary - Civil Committee

    4/17/2025House
  12. Referred to Rules Committee

    4/7/2025House
  13. First Reading

    4/7/2025House
  14. Chief House Sponsor Rep. Bob Morgan

    4/4/2025House
  15. Arrived in House

    4/4/2025House
  16. Third Reading - Passed; 053-000-000

    4/3/2025Senate
  17. Placed on Calendar Order of 3rd Reading April 1, 2025

    3/20/2025Senate
  18. Second Reading

    3/20/2025Senate
  19. Placed on Calendar Order of 2nd Reading March 20, 2025

    3/19/2025Senate
  20. Do Pass Judiciary; 009-000-000

    3/19/2025Senate
  21. Assigned to Judiciary

    2/11/2025Senate
  22. Added as Chief Co-Sponsor Sen. Michael E. Hastings

    2/7/2025Senate
  23. Added as Co-Sponsor Sen. John F. Curran

    2/5/2025Senate
  24. Referred to Assignments

    1/31/2025Senate
  25. First Reading

    1/31/2025Senate

Bill Text

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