Illinois General Assembly - Bill Status for SB1251
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 Bill Status of SB1251  94th General Assembly

Short Description:  BUSINESS-TECH

Senate Sponsors
Sen. John J. Cullerton - Emil Jones, Jr.

House Sponsors
(Rep. David E. Miller)

Last Action
DateChamber Action
  8/22/2005SenatePublic Act . . . . . . . . . 94-0655

Statutes Amended In Order of Appearance
805 ILCS 5/1.01from Ch. 32, par. 1.01


Synopsis As Introduced
Amends the Business Corporation Act of 1983. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 1
Deletes reference to:
805 ILCS 5/1.01
Adds reference to:
805 ILCS 5/7.05

Deletes everything after the enacting clause. Further amends the Business Corporation Act of 1983. Provides that a corporation shall honor a request by a shareholder to be physically present at a meeting of the shareholders, where space permits, and shall not exclude a shareholder from being physically present at a meeting of shareholders in an effort to censor, silence, or otherwise curtail the shareholder from expressing dissent or otherwise exercising his or her freedom of expression. Provides that any officer, agent, or corporation that does not honor the request of a shareholder to be physically present at a meeting or in any way excludes any shareholder from being physically present at a meeting shall be liable to such shareholder, in a penalty of up to 10% of the value of the shares owned by such shareholder, in addition to any other damages or remedy afforded him or her by law.

House Floor Amendment No. 1
Deletes everything after the enacting clause. Amends the Business Corporation Act of 1983. Provides that a shareholder entitled to vote at a meeting of the shareholders shall be permitted to attend the meeting where space permits, and subject to the corporation's by-laws and rules governing the conduct of the meeting and the power of the chairman to regulate the orderly conduct of the meeting.

Actions 
DateChamber Action
  2/18/2005SenateFiled with Secretary by Sen. Martin A. Sandoval
  2/18/2005SenateChief Co-Sponsor Sen. Emil Jones, Jr.
  2/18/2005SenateFirst Reading
  2/18/2005SenateReferred to Rules
  2/24/2005SenateAssigned to Commerce & Economic Development
  3/3/2005SenatePostponed - Commerce & Economic Development
  3/9/2005SenatePostponed - Commerce & Economic Development
  3/17/2005SenateDo Pass Commerce & Economic Development; 007-002-000
  3/17/2005SenatePlaced on Calendar Order of 2nd Reading April 6, 2005
  4/7/2005SenateSecond Reading
  4/7/2005SenatePlaced on Calendar Order of 3rd Reading April 8, 2005
  4/11/2005SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
  4/11/2005SenateSenate Floor Amendment No. 1 Referred to Rules
  4/12/2005SenateSenate Floor Amendment No. 1 Rules Refers to Commerce & Economic Development
  4/13/2005SenateSenate Floor Amendment No. 1 Recommend Do Adopt Commerce & Economic Development; 008-000-000
  4/13/2005SenateChief Sponsor Changed to Sen. John J. Cullerton
  4/14/2005SenateRecalled to Second Reading
  4/14/2005SenateSenate Floor Amendment No. 1 Adopted; Cullerton
  4/14/2005SenatePlaced on Calendar Order of 3rd Reading
  4/14/2005SenateThird Reading - Passed; 056-000-000
  4/15/2005HouseArrived in House
  4/15/2005HousePlaced on Calendar Order of First Reading
  4/28/2005HouseChief House Sponsor Rep. David E. Miller
  4/28/2005HouseFirst Reading
  4/28/2005HouseReferred to Rules Committee
  5/3/2005HouseAssigned to International Trade & Commerce Committee
  5/11/2005HouseAdded Alternate Chief Co-Sponsor Rep. Elizabeth Coulson
  5/11/2005HouseAdded Alternate Chief Co-Sponsor Rep. Patricia R. Bellock
  5/11/2005HouseAdded Alternate Chief Co-Sponsor Rep. Michelle Chavez
  5/11/2005HouseDo Pass / Short Debate International Trade & Commerce Committee; 014-001-000
  5/12/2005HousePlaced on Calendar 2nd Reading - Short Debate
  5/19/2005HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. David E. Miller
  5/19/2005HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  5/19/2005HouseAlternate Chief Co-Sponsor Removed Rep. Elizabeth Coulson
  5/19/2005HouseAlternate Chief Co-Sponsor Removed Rep. Patricia R. Bellock
  5/19/2005HouseAlternate Chief Co-Sponsor Removed Rep. Michelle Chavez
  5/20/2005HouseFinal Action Deadline Extended-9(b) May 31, 2005
  5/23/2005HouseHouse Floor Amendment No. 1 Rules Refers to International Trade & Commerce Committee
  5/24/2005HouseHouse Floor Amendment No. 1 Recommends Be Adopted International Trade & Commerce Committee; 012-000-000
  5/24/2005HouseSecond Reading - Short Debate
  5/24/2005HouseHouse Floor Amendment No. 1 Adopted by Voice Vote
  5/24/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/26/2005HouseThird Reading - Short Debate - Passed 115-000-001
  5/26/2005SenateSecretary's Desk - Concurrence House Amendment(s) 01
  5/26/2005SenatePlaced on Calendar Order of Concurrence House Amendment(s) 01-May 27, 2005.
  5/26/2005SenateHouse Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. John J. Cullerton
  5/26/2005SenateHouse Floor Amendment No. 1 Motion to Concur Referred to Rules
  5/27/2005SenateHouse Floor Amendment No. 1 Motion to Concur Referred to Commerce & Economic Development
  5/27/2005SenateHouse Floor Amendment No. 1 Motion to Concur Be Adopted Commerce & Economic Development; 006-000-000
  5/27/2005SenateHouse Floor Amendment No. 1 Senate Concurs 059-000-000
  5/27/2005SenatePassed Both Houses
  6/24/2005SenateSent to the Governor
  8/22/2005SenateGovernor Approved
  8/22/2005SenateEffective Date January 1, 2006
  8/22/2005SenatePublic Act . . . . . . . . . 94-0655

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