<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4435</title>
<shortdesc>CORPORATE ELECTION ACTIVITIES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Sharon Chung</sponsors>
</sponsor>
<lastaction>
<statusdate>1/20/2026</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>805 ILCS 5/3.10</reference><aliasreference>from Ch. 32, par. 3.10</aliasreference><SynopsisText>     Amends the Business Corporation Act of 1983. Provides that nothing in the Act shall grant or recognize the power of a corporation to engage in activities related to the nomination or election of candidates for public office or the initiation, submission, or consideration of questions of public policy.</SynopsisText></synopsis>
<actions>
<statusdate>1/14/2026</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Sharon Chung</action>
<statusdate>1/20/2026</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/20/2026</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
</actions>
</xml>
