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<title>Illinois General Assembly - Bill Status for SB 1098         </title>
<shortdesc>BUS CORP-DISSOLUTION-LIABILITY</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Don Harmon</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Barbara Flynn Currie)</altsponsors>
</sponsor>
<lastaction>
<statusdate>7/21/2014</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 98-0776</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>815 ILCS 515/1</reference><aliasreference>from Ch. 121 1/2, par. 1601</aliasreference><SynopsisText>Amends the Home Repair Fraud Act. Makes a technical change in the short title Section.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>815 ILCS 515/1</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>805 ILCS 5/12.80</reference><aliasreference>from Ch. 32, par. 12.80</aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Business Corporation Act of 1983. Provides that the dissolution of a corporation does not impair a civil remedy available to or against the corporation for any liability accrued or incurred (rather than incurred) either prior to, at the time of, or after (rather than incurred prior to) the dissolution. Provides that "this provision does not extend any applicable statute of limitations".</SynopsisText><synopsistitle>House Floor Amendment No. 1</synopsistitle>
<reftype>Adds reference to:</reftype><reference>805 ILCS 5/8.65</reference><aliasreference>from Ch. 32, par. 8.65</aliasreference><reference>805 ILCS 5/12.40</reference><aliasreference>from Ch. 32, par. 12.40</aliasreference><reference>805 ILCS 5/12.45</reference><aliasreference>from Ch. 32, par. 12.45</aliasreference><reference>805 ILCS 105/108.65</reference><aliasreference>from Ch. 32, par. 108.65</aliasreference><reference>805 ILCS 105/112.40</reference><aliasreference>from Ch. 32, par. 112.40</aliasreference><reference>805 ILCS 105/112.45</reference><aliasreference>from Ch. 32, par. 112.45</aliasreference><reference>805 ILCS 180/35-30</reference><aliasreference></aliasreference><reference>805 ILCS 180/35-40</reference><aliasreference></aliasreference><reference>805 ILCS 215/809</reference><aliasreference></aliasreference><reference>805 ILCS 215/810</reference><aliasreference></aliasreference><SynopsisText>Amends the Business Corporation Act of 1983, General Not For Profit Corporation Act of 1986, Limited Liability Company Act, and Uniform Limited Partnership Act (2001) in relation to director and officer liability when the entity has been dissolved. Provides that directors, officers, and others are not liable for liabilities incurred during periods of administrative dissolution if the entity is reinstated.</SynopsisText></synopsis>
<actions>
<statusdate>1/24/2013</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. John J. Cullerton</action>
<statusdate>1/24/2013</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/24/2013</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/13/2013</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/20/2013</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  010-000-000</action>
<statusdate>3/20/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 21, 2013</action>
<statusdate>4/12/2013</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/12/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 16, 2013</action>
<statusdate>4/29/2013</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 3, 2013</action>
<statusdate>4/30/2013</statusdate><chamber>Senate</chamber><action>Re-referred to Assignments</action>
<statusdate>5/2/2013</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 31, 2013</action>
<statusdate>4/1/2014</statusdate><chamber>Senate</chamber><action>Approved for Consideration Assignments</action>
<statusdate>4/1/2014</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 2, 2014</action>
<statusdate>4/2/2014</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Don Harmon</action>
<statusdate>4/3/2014</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon</action>
<statusdate>4/3/2014</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>4/7/2014</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Judiciary</action>
<statusdate>4/8/2014</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Judiciary;  011-000-000</action>
<statusdate>4/8/2014</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>4/8/2014</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Harmon</action>
<statusdate>4/8/2014</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 9, 2014</action>
<statusdate>4/11/2014</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 1, 2014</action>
<statusdate>5/1/2014</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 046-004-000</action>
<statusdate>5/1/2014</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>5/19/2014</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Barbara Flynn Currie</action>
<statusdate>5/19/2014</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>5/19/2014</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/19/2014</statusdate><chamber>House</chamber><action>Assigned to Judiciary</action>
<statusdate>5/19/2014</statusdate><chamber>House</chamber><action>Committee Deadline Extended-Rule 9(b) May 30, 2014</action>
<statusdate>5/23/2014</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 30, 2014</action>
<statusdate>5/27/2014</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Judiciary;  015-000-000</action>
<statusdate>5/27/2014</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/27/2014</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie</action>
<statusdate>5/27/2014</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Referred to Rules Committee</action>
<statusdate>5/27/2014</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Recommends Be Adopted Rules Committee;  003-002-000</action>
<statusdate>5/27/2014</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/27/2014</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/28/2014</statusdate><chamber>House</chamber><action>Recalled to Second Reading - Short Debate</action>
<statusdate>5/28/2014</statusdate><chamber>House</chamber><action>House Floor Amendment No. 1 Adopted</action>
<statusdate>5/28/2014</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/28/2014</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 114-001-000</action>
<statusdate>5/28/2014</statusdate><chamber>Senate</chamber><action>Secretary's Desk - Concurrence House Amendment(s) 1</action>
<statusdate>5/28/2014</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of Concurrence House Amendment(s) 1 -  May 29, 2014</action>
<statusdate>5/29/2014</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Don Harmon</action>
<statusdate>5/29/2014</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 1 Motion to Concur Referred to Assignments</action>
<statusdate>5/29/2014</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 1 Motion to Concur Be Approved for Consideration Assignments</action>
<statusdate>5/30/2014</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 1 Senate Concurs 056-001-000</action>
<statusdate>5/30/2014</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/27/2014</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>7/21/2014</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>7/21/2014</statusdate><chamber>Senate</chamber><action>Effective Date January 1, 2015</action>
<statusdate>7/21/2014</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 98-0776</action>
</actions>
</xml>

