Illinois General Assembly - Bill Status for HB5674
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB5674  98th General Assembly


Short Description:  PROFESSIONAL CORPORATIONS

House Sponsors
Rep. Lou Lang

Senate Sponsors
(Sen. Kwame Raoul - William R. Haine - Iris Y. Martinez and Martin A. Sandoval)

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
225 ILCS 15/3from Ch. 111, par. 5353
225 ILCS 15/24.2 new
225 ILCS 20/10from Ch. 111, par. 6360
225 ILCS 20/34.1 new
225 ILCS 20/18 rep.
225 ILCS 55/75from Ch. 111, par. 8351-75
225 ILCS 55/156 new
225 ILCS 107/20
805 ILCS 10/2from Ch. 32, par. 415-2
805 ILCS 10/3.1from Ch. 32, par. 415-3.1
805 ILCS 10/3.2from Ch. 32, par. 415-3.2
805 ILCS 10/3.6from Ch. 32, par. 415-3.6
805 ILCS 10/12from Ch. 32, par. 415-12
805 ILCS 10/12.1from Ch. 32, par. 415-12.1
805 ILCS 10/13from Ch. 32, par. 415-13
805 ILCS 10/13.5 new
805 ILCS 10/15.5 new
805 ILCS 15/2from Ch. 32, par. 632
805 ILCS 15/5from Ch. 32, par. 635
805 ILCS 15/5.1
805 ILCS 15/8from Ch. 32, par. 638
805 ILCS 15/10from Ch. 32, par. 640
805 ILCS 15/11from Ch. 32, par. 641
805 ILCS 15/12from Ch. 32, par. 642
805 ILCS 15/13from Ch. 32, par. 643
805 ILCS 15/13.5 new
805 ILCS 15/15from Ch. 32, par. 645
805 ILCS 15/16.5 new


Synopsis As Introduced
Amends the Clinical Psychologist Licensing Act, the Clinical Social Work and Social Work Practice Act, the Marriage and Family Therapy Licensing Act, and the Professional Counselor and Clinical Professional Counselor Licensing and Practice Act. Adds limited liability companies to the types of entities that may be granted licenses to provide services under the Acts. Adds provisions to the Acts regarding confidentiality of information collected by the Department of Financial and Professional Regulation in the course of examinations and investigations under the Acts. Amends the Professional Service Corporation Act. Makes changes in definitions of "ancillary personnel", "regulating authority", and "related professional services". Provides that a separate application shall be submitted for each business location in Illinois, and if the corporation is using more than one fictitious or assumed name and has an address different from that of the parent company, a separate application shall be submitted for each fictitious or assumed name. Makes changes concerning disciplinary grounds under the Act. Adds provisions concerning notices of violation and confidentiality of certain information collected under the Act. Amends the Medical Corporation Act. Provides that a separate application shall be submitted for each business location in Illinois, and if the corporation is using more than one fictitious or assumed name and has an address different from that of the parent company, a separate application shall be submitted for each fictitious or assumed name. Makes changes concerning disciplinary grounds under the Act, notice of hearing, proceedings for judicial review, and shareholders of a medical corporation. Adds provisions concerning notices of violation and confidentiality of certain information collected under the Act. Makes other changes.

House Floor Amendment No. 1
Adds reference to:
805 ILCS 180/1-10
805 ILCS 180/1-25
805 ILCS 180/1-28
805 ILCS 180/1-29 new
805 ILCS 180/5-5
805 ILCS 180/5-55

Amends the Limited Liability Company Act. Provides that the name of each limited liability company as set forth in its articles of organization shall not contain any word or phrase that indicates or implies that the limited liability company is authorized or empowered to be in the business of a corporate fiduciary unless otherwise permitted by the Secretary of Financial and Professional Regulation (rather than the Commissioner of the Office of Banks and Real Estate) under certain provisions of the Corporate Fiduciary Act. Deletes provisions that prohibit the name of a limited liability company from containing words related to the 2016 Chicago Olympics without the consent of the United States Olympic Committee. Provides that a limited liability company may not be formed for the practice of real estate unless all the managers, if any, or every member in a member managed limited liability company are licensed to practice as a managing broker or broker pursuant to the Real Estate License Act of 2000. Provides that a limited liability company that intends to provide, or does provide, professional services that require the individuals engaged in the profession to be licensed by the Department of Financial and Professional Regulation shall submit a separate application for each business location in Illinois and that, if the limited liability company is using more than one fictitious or assumed name and has an address different from that of the parent company, a separate application shall be submitted for each fictitious or assumed name. Further provides that such a limited liability company may, for the purposes of dissolution, have as its managers and members individuals who are not licensed by the Department to provide professional services provided that the limited liability company does not render any professional services or hold itself out as capable or available to render any professional services during the period of dissolution and that the Department shall not issue or renew any certificate of registration to a limited liability company during the period of dissolution. Provides additional standards that must be met by limited liability companies that intend to provide, or do provide, professional services that require the individuals engaged in the profession to be licensed by the Department of Financial and Professional Regulation. Further provides that the articles of organization for the organization of a limited liability company for the purpose of accepting and executing trusts shall not be filed by the Secretary of State until a statement executed by the Secretary of Financial and Professional Regulation (rather than the Commissioner of the Office of Banks and Real Estate) that the organizers of the limited liability company have made arrangements with the Secretary of Financial and Professional Regulation (rather than the Commissioner of the Office of Banks and Real Estate) to comply with the Corporate Fiduciary Act has been delivered to the Secretary of State. Requires that the articles of organization for the organization of a limited liability company as a bank or a savings bank must be filed with the Department of Financial and Professional Regulation (rather than the Commissioner of Banks and Real Estate). Provides that, whenever any provision of the Act requires a limited liability company that is a bank or a savings bank to file any document, that requirement means that the filing shall be made exclusively with the Department of Financial and Professional Regulation (rather than the Commissioner of Banks and Real Estate) or, if the bank or savings bank is organized under federal law, with the appropriate federal banking regulator at such times and in such manner as required by the Department (rather than the Commissioner) or federal regulator.

Senate Floor Amendment No. 1
Deletes reference to:
225 ILCS 15/3
225 ILCS 15/24.2 new
225 ILCS 20/10
225 ILCS 20/34.1 new
225 ILCS 20/18 rep.
225 ILCS 55/75
225 ILCS 55/156 new
225 ILCS 107/20
805 ILCS 10/2
805 ILCS 10/3.1
805 ILCS 10/3.2
805 ILCS 10/3.6
805 ILCS 10/12
805 ILCS 10/12.1
805 ILCS 10/13
805 ILCS 10/13.5 new
805 ILCS 10/15.5 new
805 ILCS 15/2
805 ILCS 15/5
805 ILCS 15/5.1
805 ILCS 15/8
805 ILCS 15/10
805 ILCS 15/11
805 ILCS 15/12
805 ILCS 15/13
805 ILCS 15/13.5 new
805 ILCS 15/15
805 ILCS 15/16.5 new
805 ILCS 180/1-10
805 ILCS 180/1-25
805 ILCS 180/1-28
805 ILCS 180/1-29 new
805 ILCS 180/5-5
805 ILCS 180/5-55
Adds reference to:
410 ILCS 130/105
410 ILCS 130/130

Replaces everything after the enacting clause. Amends the Compassionate Use of Medical Cannabis Pilot Program Act. Makes the prohibitions against a registered cultivation center or a dispensing organization being located within 2,500 feet or 1,000 feet, respectively, of the property line of a pre-existing public or private preschool or elementary or secondary school or day care center, day care home, group day care home, or part day child care facility applicable only to a municipality with a population of fewer than 500,000. Provides that a municipality with a population of 500,000 or more may adopt its own zoning requirements with regard to the location of a registered cultivation center or dispensing organization and its proximity to pre-existing public or private preschool or elementary or secondary school or day care center, day care home, group day care home, part day child care facility, or an area zoned for residential use.

Actions 
DateChamber Action
  2/14/2014HouseFiled with the Clerk by Rep. Michael J. Zalewski
  2/14/2014HouseFirst Reading
  2/14/2014HouseReferred to Rules Committee
  3/13/2014HouseAssigned to Business & Occupational Licenses Committee
  3/20/2014HouseDo Pass / Short Debate Business & Occupational Licenses Committee; 009-000-000
  3/21/2014HousePlaced on Calendar 2nd Reading - Short Debate
  3/24/2014HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski
  3/24/2014HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  4/9/2014HouseHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
  4/9/2014HouseSecond Reading - Short Debate
  4/9/2014HouseHouse Floor Amendment No. 1 Adopted
  4/9/2014HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/10/2014HouseThird Reading - Short Debate - Passed 065-033-000
  4/11/2014SenateArrive in Senate
  4/11/2014SenatePlaced on Calendar Order of First Reading April 29, 2014
  4/30/2014SenateChief Senate Sponsor Sen. Kwame Raoul
  5/1/2014SenateFirst Reading
  5/1/2014SenateReferred to Assignments
  5/6/2014SenateAssigned to Licensed Activities and Pensions
  5/15/2014SenateDo Pass Licensed Activities and Pensions; 008-000-000
  5/15/2014SenatePlaced on Calendar Order of 2nd Reading May 19, 2014
  5/20/2014SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Kwame Raoul
  5/20/2014SenateSenate Floor Amendment No. 1 Referred to Assignments
  5/20/2014SenateAdded as Alternate Chief Co-Sponsor Sen. William R. Haine
  5/20/2014SenateSenate Floor Amendment No. 1 Assignments Refers to Executive
  5/21/2014SenateSecond Reading
  5/21/2014SenatePlaced on Calendar Order of 3rd Reading May 22, 2014
  5/22/2014SenateSenate Floor Amendment No. 1 Recommend Do Adopt Executive; 011-002-000
  5/22/2014SenateAdded as Alternate Chief Co-Sponsor Sen. Iris Y. Martinez
  5/22/2014SenateRecalled to Second Reading
  5/22/2014SenateSenate Floor Amendment No. 1 Adopted; Raoul
  5/22/2014SenatePlaced on Calendar Order of 3rd Reading
  5/22/2014SenateAdded as Alternate Co-Sponsor Sen. Martin A. Sandoval
  5/22/2014SenateThird Reading - Passed; 031-018-004
  5/22/2014HouseArrived in House
  5/22/2014HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
  5/23/2014HouseChief Sponsor Changed to Rep. Lou Lang
  5/23/2014HouseSenate Floor Amendment No. 1 Motion Filed Concur Rep. Lou Lang
  5/23/2014HouseSenate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee
  5/26/2014HouseSenate Floor Amendment No. 1 Motion to Concur Rules Referred to Business & Occupational Licenses Committee
  5/27/2014HouseSenate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted - Lost Business & Occupational Licenses Committee; 006-005-000
  5/27/2014HouseSenate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Business & Occupational Licenses Committee; 007-004-000
  5/30/2014HouseSenate Floor Amendment No. 1 Motion to Concur Lost 040-066-004
  6/30/2014HouseRule 19(b) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

Back To Top