LIMITED COOPERATIVE ASSOC ACT House SponsorsRep. Carol Ammons-Elizabeth Hernandez-Celina Villanueva, Theresa Mah, Maurice A. West, II, Marcus C. Evans, Jr., Delia C. Ramirez, Robert Rita, Martin J. Moylan, Kelly M. Cassidy, Jehan Gordon-Booth, Nicholas K. Smith, William Davis, Will Guzzardi, Anne Stava-Murray, LaToya Greenwood, Kambium Buckner, Rita Mayfield, La Shawn K. Ford, Justin Slaughter, Diane Pappas, Jennifer Gong-Gershowitz, Daniel Didech, Kathleen Willis, Camille Y. Lilly, Emanuel Chris Welch, Margo McDermed, Aaron M. Ortiz, Karina Villa and Sonya M. Harper Senate Sponsors(Sen. Iris Y. Martinez-Omar Aquino-Elgie R. Sims, Jr.-Robert Peters, Don Harmon, Mattie Hunter, Ram Villivalam, Emil Jones, III and Cristina Castro) 8/9/2019HousePublic Act . . . . . . . . . 101-0292 New Act805 ILCS 310/22from Ch. 32, par. 326815 ILCS 5/3from Ch. 121 1/2, par. 137.3 Creates the Limited Cooperative Association Act. Authorizes the organization of a limited cooperative association, as an entity distinct from its members, for any lawful purpose, whether or not for profit. Provides that a limited cooperative association may be a collective worker cooperative in which there is only one class of members consisting of worker-members who manage all of the affairs of the limited cooperative association or a worker cooperative or employment cooperative that includes a class of worker-members who are natural persons whose patronage consists of labor contributed to or other work performed for the limited cooperative association. Contains provisions regarding: findings; formation; articles of organization; organization; bylaws; members; community investors; voting; a board of directors; an assembly; dissolution; conversion; and applicability of securities laws. Amends the Co-operative Act and the Illinois Securities Law of 1953 to make conforming changes. Effective immediately.House Committee Amendment No. 1 Changes the short title of the new Act to the Limited Worker Cooperative Association Act. Authorizes the establishment of limited worker cooperative associations rather than limited cooperative associations. Eliminates patron members as a form of membership. Provides for multi-stakeholder cooperatives. Changes the effective date to January 1, 2020. 2/15/2019HouseFiled with the Clerk by Rep. Carol Ammons 2/15/2019HouseFirst Reading 2/15/2019HouseReferred to Rules Committee 2/19/2019HouseAdded Co-Sponsor Rep. Theresa Mah 2/19/2019HouseAdded Chief Co-Sponsor Rep. Elizabeth Hernandez 2/19/2019HouseAdded Chief Co-Sponsor Rep. Will Guzzardi 2/19/2019HouseAdded Co-Sponsor Rep. Maurice A. West, II 3/5/2019HouseAssigned to Judiciary - Civil Committee 3/5/2019HouseAdded Chief Co-Sponsor Rep. Celina Villanueva 3/6/2019HouseAdded Co-Sponsor Rep. Marcus C. Evans, Jr. 3/6/2019HouseAdded Co-Sponsor Rep. Delia C. Ramirez 3/6/2019HouseAdded Co-Sponsor Rep. Robert Rita 3/6/2019HouseAdded Co-Sponsor Rep. Martin J. Moylan 3/6/2019HouseTo Commercial Law Subcommittee 3/7/2019HouseAdded Co-Sponsor Rep. Kelly M. Cassidy 3/7/2019HouseAdded Co-Sponsor Rep. Jehan Gordon-Booth 3/7/2019HouseAdded Co-Sponsor Rep. Nicholas K. Smith 3/7/2019HouseAdded Co-Sponsor Rep. William Davis 3/7/2019HouseRemove Chief Co-Sponsor Rep. Will Guzzardi 3/7/2019HouseAdded Co-Sponsor Rep. Will Guzzardi 3/12/2019HouseAdded Co-Sponsor Rep. Anne Stava-Murray 3/12/2019HouseAdded Co-Sponsor Rep. LaToya Greenwood 3/13/2019HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Carol Ammons 3/13/2019HouseHouse Committee Amendment No. 1 Referred to Rules Committee 3/13/2019HouseAdded Co-Sponsor Rep. Kambium Buckner 3/13/2019HouseAdded Co-Sponsor Rep. Rita Mayfield 3/14/2019HouseAdded Co-Sponsor Rep. La Shawn K. Ford 3/14/2019HouseAdded Co-Sponsor Rep. Justin Slaughter 3/14/2019HouseAdded Co-Sponsor Rep. Curtis J. Tarver, II 3/14/2019HouseAdded Co-Sponsor Rep. Diane Pappas 3/14/2019HouseRemoved Co-Sponsor Rep. Curtis J. Tarver, II 3/18/2019HouseAdded Co-Sponsor Rep. Jennifer Gong-Gershowitz 3/19/2019HouseHouse Committee Amendment No. 1 Rules Refers to Judiciary - Civil Committee 3/20/2019HouseRecommends Do Pass Subcommittee/ Judiciary - Civil Committee; 006-000-000 3/20/2019HouseReported Back To Judiciary - Civil Committee; 3/20/2019HouseAdded Co-Sponsor Rep. Daniel Didech 3/20/2019HouseAdded Co-Sponsor Rep. Kathleen Willis 3/20/2019HouseAdded Co-Sponsor Rep. Camille Y. Lilly 3/20/2019HouseAdded Co-Sponsor Rep. Emanuel Chris Welch 3/20/2019HouseAdded Co-Sponsor Rep. Margo McDermed 3/27/2019HouseAdded Co-Sponsor Rep. Aaron M. Ortiz 3/27/2019HouseHouse Committee Amendment No. 1 Adopted in Judiciary - Civil Committee; by Voice Vote 3/27/2019HouseDo Pass as Amended / Short Debate Judiciary - Civil Committee; 013-000-000 3/27/2019HouseAdded Co-Sponsor Rep. Karina Villa 3/27/2019HouseAdded Co-Sponsor Rep. Sonya M. Harper 3/29/2019HousePlaced on Calendar 2nd Reading - Short Debate 4/2/2019HouseSecond Reading - Short Debate 4/2/2019HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/3/2019HouseThird Reading - Short Debate - Passed 112-000-000 4/4/2019SenateArrive in Senate 4/4/2019SenatePlaced on Calendar Order of First Reading 4/4/2019SenateChief Senate Sponsor Sen. Iris Y. Martinez 4/4/2019SenateFirst Reading 4/4/2019SenateReferred to Assignments 4/4/2019SenateAdded as Alternate Chief Co-Sponsor Sen. Omar Aquino 4/12/2019SenateAdded as Alternate Chief Co-Sponsor Sen. Elgie R. Sims, Jr. 4/25/2019SenateAdded as Alternate Chief Co-Sponsor Sen. Robert Peters 4/30/2019SenateAssigned to Judiciary 4/30/2019SenateAdded as Alternate Co-Sponsor Sen. Don Harmon 5/1/2019SenateAdded as Alternate Co-Sponsor Sen. Mattie Hunter 5/2/2019SenateAdded as Alternate Co-Sponsor Sen. Ram Villivalam 5/7/2019SenateAdded as Alternate Co-Sponsor Sen. Emil Jones, III 5/8/2019SenateDo Pass Judiciary; 010-000-000 5/8/2019SenatePlaced on Calendar Order of 2nd Reading May 9, 2019 5/15/2019SenateSecond Reading 5/15/2019SenatePlaced on Calendar Order of 3rd Reading May 16, 2019 5/16/2019SenateAdded as Alternate Co-Sponsor Sen. Cristina Castro 5/16/2019SenateThird Reading - Passed; 056-000-000 5/16/2019HousePassed Both Houses 6/14/2019HouseSent to the Governor 8/9/2019HouseGovernor Approved 8/9/2019HouseEffective Date January 1, 2020 8/9/2019HousePublic Act . . . . . . . . . 101-0292