IL SB1770 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Procurement Code. Provides that, for contracts with the State, a privately held entity that is exempt from Federal 10k reporting but has more than 200 (now, 400) shareholders may, in place of the prescribed disclosures, submit the information that Federal 10k reporting companies are required to report under federal regulations and list the names of any person or entity holding any ownership share greater than 5%. Effective immediately.

Tracking Information

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Title

PROCUREMENT-DISCLOSE FINANCE

Sponsors


History

DateChamberAction
2013-01-08SenateSession Sine Die
2011-03-18SenateRule 3-9(a) / Re-referred to Assignments
2011-03-17SenatePostponed - Executive
2011-03-10SenateTo Executive Subcommittee on State Government Operations; - 3/16/2011 - Postponed
2011-03-03SenatePostponed - Executive
2011-02-23SenateAssigned to Executive
2011-02-17SenateAdded as Co-Sponsor Sen. Kirk W. Dillard
2011-02-09SenateReferred to Assignments
2011-02-09SenateFirst Reading
2011-02-09SenateFiled with Secretary by Sen. A. J. Wilhelmi

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3050050-35Amended CodeCitation Text

Illinois State Sources


Bill Comments

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