SB2082sam001 97TH GENERAL ASSEMBLY

Sen. Carole Pankau

Filed: 3/16/2011

09700SB2082sam001 LRB097 10307 HLH 52791 a

AMENDMENT TO SENATE BILL 2082

AMENDMENT NO. ______. Amend Senate Bill 2082 by replacing everything after the enacting clause with the following:

"Section 5. The Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois is amended by adding Section 605-1010 as follows:

(20 ILCS 605/605-1010 new)

Sec. 605-1010. Quarterly business report. The Department shall issue a quarterly report to the Commerce Committee of the Illinois Senate detailing the number of new businesses incorporating or otherwise forming in Illinois, the number of businesses not seeking renewal of their registration or having lapsed registration in Illinois, and the number of businesses renewing registrations in Illinois by category, including, but not limited to, sole proprietorships, partnerships, C corporations, S corporations, and limited liability companies. The report shall include that data with a column reflecting increases or decreases for each business type compared with the previous quarter. The Department shall publish the report on its website. The Department shall obtain any information necessary to create this report from the office of the Secretary of State.

Section 99. Effective date. This Act takes effect upon becoming law.".