Illinois 2023-2024 Regular Session

Illinois Senate Bill SB0949

Introduced
2/2/23  
Refer
2/2/23  
Refer
3/2/23  
Report Pass
3/9/23  

Caption

BUSINESS-TECH

Impact

The amendment proposed in SB0949 does not introduce significant changes to the existing legal framework but emphasizes the importance of precise language in statutory law. It essentially maintains the current provisions of the Business Corporation Act while ensuring that references to the act remain correct and up-to-date. This sort of technical amendment can contribute to more efficient legal processes by reducing potential confusion or misinterpretation in legal contexts.

Summary

SB0949, introduced by Senator John F. Curran, proposes a technical amendment to the Business Corporation Act of 1983. The bill specifically addresses the short title of the act, ensuring clarity and cohesion within the statutory language. While the changes might appear minor, they serve the crucial purpose of reinforcing the framework governing business conduct in Illinois. Technical updates such as these are often necessary to maintain the accuracy and relevance of legal texts as they evolve over time.

Contention

The straightforward nature of SB0949 indicates a less contentious legislative session regarding this bill. Generally, technical amendments do not attract widespread debate; however, the importance of such changes should not be overlooked. Stakeholders such as legal professionals and businesses benefit from legislative clarity, promoting smoother compliance and implementation of the law. While there may be no notable contention surrounding the bill, its passing would contribute positively to the legislative landscape of Illinois.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.