BUSINESS ORGANIZATIONS VARIOUS
Summary
Amends the Business Corporation Act of 1983. Authorizes shareholder meetings to be held by means of remote communication. Provides for the combination of corporations and limited liability entities rather than limited liability companies and partnerships. Provides for reports of interim changes of corporations. Accelerates the repeal of provisions relating to franchise taxes from 2025 to 2024. Delays repeal of the corporate franchise tax refund fund from 2022 to 2024. Amends the Benefit Corporation Act to provide that a benefit corporation may be organized under the laws of another state. Amends the Uniform Limited Partnership Act (2001) to provide that filing of annual renewal reports and requests for certificates of existence shall be made in real time only, without expedited services available.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
12
Key actions
1
Committee
4
Apr 23, 2021
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 25, 2021
Lower · Passed
Do Pass / Short Debate Revenue & Finance Committee; 018-000-000
lower
Mar 16, 2021
Committee
Assigned to Revenue & Finance Committee
lower
Feb 22, 2021
Committee
Referred to Rules Committee
lower
1 primary · 1 co-sponsor
Sponsors
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