Date	Chamber	Action
1/8/2019	House	Session Sine Die

Statutes Amended In Order of Appearance

805 ILCS 5/13.70

from Ch. 32, par. 13.70

805 ILCS 5/14.30

from Ch. 32, par. 14.30

805 ILCS 5/15.35

from Ch. 32, par. 15.35

805 ILCS 5/15.65

from Ch. 32, par. 15.65

805 ILCS 5/15.97

from Ch. 32, par. 15.97

805 ILCS 5/16.05

from Ch. 32, par. 16.05

Synopsis As Introduced
Amends the Business Corporation Act of 1983. Increases from $200 to $500 the minimum base penalty for transacting business in this State without authority. Provides that a corporation that effects a change in the number of issued shares or the amount of paid-in capital prior to January 1, 2018 that has not been reported shall file a report regarding the issued shares or paid-in capital. Provides that franchise taxes are not payable on or after January 1, 2018. Provides that on and after January 1, 2018, a corporation that fails to file an annual report shall pay a penalty of $50 plus $10 for each calendar month or part of the month that the report is delinquent.

Actions 

Date	Chamber	Action
2/9/2017	House	Filed with the Clerk by Rep. David Harris
2/9/2017	House	First Reading
2/9/2017	House	Referred to Rules Committee
2/22/2017	House	Assigned to Revenue & Finance Committee
2/23/2017	House	Added Co-Sponsor Rep. Nick Sauer
2/23/2017	House	Added Co-Sponsor Rep. Brian W. Stewart
2/24/2017	House	Added Co-Sponsor Rep. Brad Halbrook
3/9/2017	House	To Sales and Other Taxes Subcommittee
3/28/2017	House	Motion Filed to Suspend Rule 21 Revenue & Finance Committee; Rep. Barbara Flynn Currie
3/28/2017	House	Motion to Suspend Rule 21 - Prevailed
3/31/2017	House	Rule 19(a) / Re-referred to Rules Committee
3/8/2018	House	Added Co-Sponsor Rep. Allen Skillicorn
1/8/2019	House	Session Sine Die

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