Sign Up
SB 3438 Illinois Senate · 98th Regular Session

CO-OPERATIVE ACT SHARE LIMIT

Summary
Amends the Co-operative Act. Increases from 5 to 10 the number of shares for which a person may subscribe or control. Increases from $100 to $1,000 the maximum subscription price per share. Increase from $500 to $10,000 the maximum value of stock issued to any one shareholder. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Apr 2014
Committee Review
May 2014
Senate Passage
May 2014
House Passage
May 2014
Signed into Law
Aug 2014
Introduced Apr 3, 2014 Signed Aug 26, 2014
Floor votes · Senate May 30, 2014 · House May 23, 2014

How they voted

52–0
Passed · 2 other
Total votes 54
May 30, 2014
D Democratic36
36 Yea
100% Yea
R Republican18
16 Yea 2
88% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
45
Key actions
9
Committee
13
Amendments
6
Aug 26, 2014
Signed into law
Governor Approved
upper
May 30, 2014
Upper · Passed
Passed Both Houses
upper
May 30, 2014
Upper · Passed
House Committee Amendment No. 1 Senate Concurs 057-000-000
upper
May 28, 2014
Upper · Passed
House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Judiciary; 010-000-000
upper
May 27, 2014
Committee
House Committee Amendment No. 1 Motion to Concur Assignments Referred to Judiciary
upper
May 27, 2014
Committee
House Committee Amendment No. 1 Motion to Concur Referred to Assignments
upper
May 23, 2014
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 26, 2014
upper
May 23, 2014
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1
upper
May 23, 2014
House · Passed
House Vote: pass (101-0-5)
house
May 7, 2014
Lower · Passed
Do Pass as Amended / Short Debate Judiciary; 015-000-000
lower
May 7, 2014
Lower · Passed
House Committee Amendment No. 1 Adopted in Judiciary; by Voice Vote
lower
May 5, 2014
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Judiciary
lower
Apr 29, 2014
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Apr 29, 2014
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Barbara Wheeler
lower
Apr 23, 2014
Committee
Assigned to Judiciary
lower
Apr 3, 2014
Committee
Referred to Rules Committee
lower
Apr 3, 2014
Introduced
Arrived in House
lower
Apr 2, 2014
Amended
Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
upper
Apr 1, 2014
Committee
Senate Floor Amendment No. 1 Referred to Assignments
upper
Apr 1, 2014
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon
upper
Mar 20, 2014
Upper · Passed
Do Pass Judiciary; 009-000-000
upper
Mar 5, 2014
Committee
Assigned to Judiciary
upper
Feb 14, 2014
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.