Illinois 2023-2024 Regular Session

Illinois House Bill HB0264

Introduced
1/12/23  
Introduced
1/12/23  
Refer
2/23/23  
Refer
1/12/23  
Report Pass
3/1/23  
Refer
2/23/23  
Refer
3/27/23  
Report Pass
3/1/23  

Caption

BUSINESS-TECH

Impact

Although HB 0264 proposes only a technical change, its significance lies in its contribution to the overall clarity of the legal framework governing nonprofit organizations in Illinois. By amending the short title section, the bill seeks to eliminate potential ambiguities and ensure that the Act is easily understandable by those involved in nonprofit governance and administration. This clarity is crucial for nonprofit organizations, their boards, and legal entities that interact with them, promoting better compliance and reducing the likelihood of legal disputes arising from misinterpretations of outdated language.

Summary

House Bill 0264, introduced by Rep. Emanuel Chris Welch, seeks to amend the General Not For Profit Corporation Act of 1986 by making a technical change to the Section concerning the short title. This bill aims to refine and clarify existing statutes that regulate nonprofit corporations in Illinois, ensuring that the legal language is updated and accurate without altering substantive provisions of the law. The bill underscores the importance of maintaining clear and precise language in legislative texts, particularly in areas governing nonprofit organizations.

Contention

There is minimal contention anticipated surrounding HB 0264 since the bill is primarily focused on technical amendments rather than introducing new regulations or significant changes to existing laws. However, discussions on similar bills usually revolve around the broader implications of legal terminology and the importance of ensuring that statutes remain relevant over time. Stakeholders in the nonprofit sector typically support technical amendments as they seek to improve governance and operational efficacy, recognizing that clear legal standards are foundational to effective organization management.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.