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Public Act 096-0970 |
HB5376 Enrolled |
LRB096 16864 WGH 32176 b |
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AN ACT concerning not-for-profit corporations.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The General Not For Profit Corporation Act of |
1986 is amended by adding Section 103.35 as follows: |
(805 ILCS 105/103.35 new) |
Sec. 103.35. Unemployment insurance; notice. A |
not-for-profit corporation that is excluded from the |
definition of "nonprofit organization" under Section 211.2 of |
the Unemployment Insurance Act because it does not have in |
employment 4 or more individuals within each of 20 or more |
calendar weeks must provide a written notice to each employee, |
either in each employee's employment contract or in a written |
notice provided to employees who do not have employment |
contracts, and to each member of the board of directors that |
the employees of the not-for-profit corporation are not |
eligible to receive unemployment insurance benefits on the |
basis of their employment for the not-for-profit corporation.
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