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<title>Illinois General Assembly - Bill Status for SB 1798         </title>
<shortdesc>EXPATRIATE CORP/FOREIGN HAVEN</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Michael E. Hastings, Mattie Hunter-Cristina Castro-Jacqueline Y. Collins-Thomas Cullerton, Scott M. Bennett and Toi W. Hutchinson-Melinda Bush</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 500/1-15.120 new</reference><aliasreference></aliasreference><reference>30 ILCS 500/45-10</reference><aliasreference></aliasreference><reference>30 ILCS 500/50-17 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/1501</reference><aliasreference>from Ch. 120, par. 15-1501</aliasreference><reference>40 ILCS 5/1-110.16</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Procurement Code. Provides that an expatriate corporation shall be considered a non-resident bidder for purposes of the Code. Provides that no business or member of a unitary business group shall submit a bid for or enter into a contract with a State agency under the Code if the business is an expatriate corporation. Defines "expatriate corporation". Amends the Illinois Income Tax Act. Provides that notwithstanding provisions of the Act, any person formed or incorporated in a foreign tax haven may be a member of a unitary business group without regard to where its business activities are conducted. Defines "foreign tax haven". Amends the General Provisions Article of the Illinois Pension Code. Requires the Illinois Investment Policy Board to make its best efforts to identify all expatriate companies and include those companies in the list of restricted companies distributed to each retirement system and the Illinois State Board of Investment.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>30 ILCS 500/45-10</reference><aliasreference></aliasreference><reference>35 ILCS 5/1501</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause with provisions of the introduced bill with the following changes: Changes references of "expatriate corporation" to "expatriated entity", and makes changes to the definition of "expatriated entity". Removes provisions concerning resident bidders. Includes certain exceptions to the prohibition on expatriated entities submitting bids or entering into contracts with the State. Removes changes to the Illinois Income Tax Act. In provisions amending the Illinois Pension Code, sets forth procedures for retirement systems to adhere to in dealing with expatriated entities. Makes other changes.</SynopsisText><synopsistitle>Senate Floor Amendment No. 2</synopsistitle>
<SynopsisText>Provides that the retirement system shall adhere to certain procedures if it determines that its engagement efforts are unsuccessful (rather than if the engagement efforts of the retirement system are unsuccessful).</SynopsisText></synopsis>
<actions>
<statusdate>2/9/2017</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Michael E. Hastings</action>
<statusdate>2/9/2017</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/9/2017</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/28/2017</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/14/2017</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mattie Hunter</action>
<statusdate>3/16/2017</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  011-004-000</action>
<statusdate>3/16/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 28, 2017</action>
<statusdate>3/30/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Cristina Castro</action>
<statusdate>3/30/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins</action>
<statusdate>3/30/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Thomas Cullerton</action>
<statusdate>4/5/2017</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Scott M. Bennett</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 25, 2017</action>
<statusdate>4/25/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Michael E. Hastings</action>
<statusdate>4/25/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>4/25/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Michael E. Hastings</action>
<statusdate>4/25/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Executive</action>
<statusdate>4/26/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Assignments Refers to Executive</action>
<statusdate>4/27/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Executive;  010-005-000</action>
<statusdate>4/27/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Recommend Do Adopt Executive;  010-005-000</action>
<statusdate>4/27/2017</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Toi W. Hutchinson</action>
<statusdate>4/27/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Melinda Bush</action>
<statusdate>4/28/2017</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 31, 2017</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Hastings</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Adopted; Hastings</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Verified</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Third Reading - Consideration Postponed</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Placed on Calendar - Consideration Postponed May 9, 2017</action>
<statusdate>8/4/2017</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
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