Illinois 2023-2024 Regular Session

Illinois House Bill HB3139 Compare Versions

Only one version of the bill is available at this time.
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11 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3139 Introduced , by Rep. Edgar Gonzalez, Jr. SYNOPSIS AS INTRODUCED: 805 ILCS 105/114.05 from Ch. 32, par. 114.05 805 ILCS 105/114.15 new Amends the General Not For Profit Corporation Act of 1986. Provides that in its annual report filed with the Secretary of State, a domestic or foreign corporation shall include the aggregated demographic information of its directors and officers, including race, ethnicity, gender, disability status, veteran status, sexual orientation, and gender identity. Provides that no later than 30 calendar days after filing the annual report with the Secretary of State, a corporation shall post to the corporation's publicly available website, if one exists, the aggregated demographic information of the corporation's directors and officers. Effective January 1, 2024. LRB103 28341 SPS 54720 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3139 Introduced , by Rep. Edgar Gonzalez, Jr. SYNOPSIS AS INTRODUCED: 805 ILCS 105/114.05 from Ch. 32, par. 114.05 805 ILCS 105/114.15 new 805 ILCS 105/114.05 from Ch. 32, par. 114.05 805 ILCS 105/114.15 new Amends the General Not For Profit Corporation Act of 1986. Provides that in its annual report filed with the Secretary of State, a domestic or foreign corporation shall include the aggregated demographic information of its directors and officers, including race, ethnicity, gender, disability status, veteran status, sexual orientation, and gender identity. Provides that no later than 30 calendar days after filing the annual report with the Secretary of State, a corporation shall post to the corporation's publicly available website, if one exists, the aggregated demographic information of the corporation's directors and officers. Effective January 1, 2024. LRB103 28341 SPS 54720 b LRB103 28341 SPS 54720 b A BILL FOR
22 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3139 Introduced , by Rep. Edgar Gonzalez, Jr. SYNOPSIS AS INTRODUCED:
33 805 ILCS 105/114.05 from Ch. 32, par. 114.05 805 ILCS 105/114.15 new 805 ILCS 105/114.05 from Ch. 32, par. 114.05 805 ILCS 105/114.15 new
44 805 ILCS 105/114.05 from Ch. 32, par. 114.05
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66 Amends the General Not For Profit Corporation Act of 1986. Provides that in its annual report filed with the Secretary of State, a domestic or foreign corporation shall include the aggregated demographic information of its directors and officers, including race, ethnicity, gender, disability status, veteran status, sexual orientation, and gender identity. Provides that no later than 30 calendar days after filing the annual report with the Secretary of State, a corporation shall post to the corporation's publicly available website, if one exists, the aggregated demographic information of the corporation's directors and officers. Effective January 1, 2024.
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1212 1 AN ACT concerning business.
1313 2 Be it enacted by the People of the State of Illinois,
1414 3 represented in the General Assembly:
1515 4 Section 5. The General Not For Profit Corporation Act of
1616 5 1986 is amended by changing Section 114.05 and by adding
1717 6 Section 114.15 as follows:
1818 7 (805 ILCS 105/114.05) (from Ch. 32, par. 114.05)
1919 8 Sec. 114.05. Annual report of domestic or foreign
2020 9 corporation. Each domestic corporation organized under this
2121 10 Act, and each foreign corporation authorized to conduct
2222 11 affairs in this State, shall file, within the time prescribed
2323 12 by this Act, an annual report setting forth:
2424 13 (a) The name of the corporation.
2525 14 (b) The address, including street and number, or rural
2626 15 route number, of its registered office in this State, and
2727 16 the name of its registered agent at such address.
2828 17 (c) The address, including street and number, or rural
2929 18 route number, of its principal office.
3030 19 (d) The names and respective addresses, including
3131 20 street and number, or rural route number, of its directors
3232 21 and officers.
3333 22 (e) A brief statement of the character of the affairs
3434 23 which the corporation is actually conducting from among
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3838 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3139 Introduced , by Rep. Edgar Gonzalez, Jr. SYNOPSIS AS INTRODUCED:
3939 805 ILCS 105/114.05 from Ch. 32, par. 114.05 805 ILCS 105/114.15 new 805 ILCS 105/114.05 from Ch. 32, par. 114.05 805 ILCS 105/114.15 new
4040 805 ILCS 105/114.05 from Ch. 32, par. 114.05
4141 805 ILCS 105/114.15 new
4242 Amends the General Not For Profit Corporation Act of 1986. Provides that in its annual report filed with the Secretary of State, a domestic or foreign corporation shall include the aggregated demographic information of its directors and officers, including race, ethnicity, gender, disability status, veteran status, sexual orientation, and gender identity. Provides that no later than 30 calendar days after filing the annual report with the Secretary of State, a corporation shall post to the corporation's publicly available website, if one exists, the aggregated demographic information of the corporation's directors and officers. Effective January 1, 2024.
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7171 1 the purposes authorized in Section 103.05 of this Act.
7272 2 (f) Whether the corporation is a Condominium
7373 3 Association as established under the Condominium Property
7474 4 Act, a Cooperative Housing Corporation defined in Section
7575 5 216 of the Internal Revenue Code of 1954 or a Homeowner
7676 6 Association which administers a common-interest community
7777 7 as defined in subsection (c) of Section 9-102 of the Code
7878 8 of Civil Procedure.
7979 9 (g) Such additional information as may be necessary or
8080 10 appropriate in order to enable the Secretary of State to
8181 11 administer this Act and to verify the proper amount of
8282 12 fees payable by the corporation.
8383 13 (h) The aggregated demographic information of the
8484 14 corporation's directors and officers, including race,
8585 15 ethnicity, gender, disability status, veteran status,
8686 16 sexual orientation, and gender identity.
8787 17 Such annual report shall be made on forms prescribed and
8888 18 furnished by the Secretary of State, and the information
8989 19 therein required by subsections (a) to (d), both inclusive,
9090 20 and subsection (h) of this Section, shall be given as of the
9191 21 date of the execution of the annual report. It shall be
9292 22 executed by the corporation by any authorized officer and
9393 23 verified by him or her, or, if the corporation is in the hands
9494 24 of a receiver or trustee, it shall be executed on behalf of the
9595 25 corporation and verified by such receiver or trustee.
9696 26 (Source: P.A. 101-578, eff. 8-26-19.)
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107107 1 (805 ILCS 105/114.15 new)
108108 2 Sec. 114.15. Posting demographic information. No later
109109 3 than 30 calendar days after filing the annual report with the
110110 4 Secretary of State, a corporation shall post to the
111111 5 corporation's publicly available website, if one exists, the
112112 6 aggregated demographic information of the corporation's
113113 7 directors and officers as described in subsection (h) of
114114 8 Section 114.05. The aggregated demographic information shall
115115 9 be accessible on the corporation's publicly available website
116116 10 for at least 5 years after it is posted. A corporation that
117117 11 posts the full annual report on its website fulfills this
118118 12 posting requirement.
119119 13 Section 99. Effective date. This Act takes effect January
120120 14 1, 2024.
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