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HB5376 Engrossed |
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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 |
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| 1986 is amended by adding Section 103.35 as follows:
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| (805 ILCS 105/103.35 new) |
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| Sec. 103.35. Unemployment insurance; notice. A |
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| not-for-profit corporation that is excluded from the |
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| definition of "nonprofit organization" under Section 211.2 of |
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| the Unemployment Insurance Act because it does not have in |
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| employment 4 or more individuals within each of 20 or more |
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| calendar weeks must provide a written notice to each employee, |
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| either in each employee's employment contract or in a written |
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| notice provided to employees who do not have employment |
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| contracts, and to each member of the board of directors that |
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| the employees of the not-for-profit corporation are not |
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| eligible to receive unemployment insurance benefits on the |
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| basis of their employment for the not-for-profit corporation.
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