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HB2924

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CORPORATION-INCORPORATION DATE

What this bill does

Amends the Business Corporation Act of 1983. Provides that the articles of incorporation of any corporation (currently, any corporation incorporated after December 31, 1981) may limit or eliminate cumulative voting rights in all or specified circumstances, or may limit or deny voting rights or may provide special voting rights as to any class or classes or series of shares of such corporation.

Sponsor: Bob Morgan Chamber: House Introduced: 2025-02-05
Stuck
P(Advance)
18.9%
Chance it ever reaches a milestone (committee, floor, etc.). Not “next step.”
P(Law)
4.5%
Chance it becomes law given where it is now (stage, momentum).
Forecast
2.4%
Low P(law) at intro — sponsor & topic only; no progress or delay.
Confidence: 81%

Calculating prediction drivers...

Pipeline Progress

Current stage: Floor Vote · Last action 547 days ago · STAGNANT

How does a bill become law in Illinois?
  1. Introduction of Bill

    A member of the Senate or the House introduces a bill, which is assigned a unique identifying number (e.g., "H.B. ___" for House bills and "S.B. ___" for Senate bills). If not enacted, it must be reintroduced in the next General Assembly with a new number.

  2. Committee Work — Hearings

    The bill goes to the appropriate committee, which holds hearings to gather expert opinions and determine the need for the legislation.

  3. Committee Work — Markup, Amendments, Report

    The committee may make amendments to the bill. If approved, a committee report endorsing the bill is issued.

  4. Floor Debate

    The bill is debated and can be further amended. The debate transcripts are accessible online for public viewing.

  5. Passage and Consideration in Second Chamber

    If the bill passes in the first chamber, it moves to the second chamber for a similar review process. If both chambers approve, it goes to the governor.

  6. Gubernatorial Action

    The governor can sign the bill into law, veto it, or take no action (resulting in an automatic law after 60 days). The type of veto can be total or amendatory. Once signed, the bill becomes a Public Act and is assigned a Public Act number.

Sponsor Context

Campaign finance

This is SBE campaign receipts to the people on this bill, not Moneyball and not earmarked to the bill.

Money is campaign receipts to matched candidate committees, not earmarked to this bill. Window 2025-01-01 – 2026-09-13.

$841,099.71 Across sponsors / voters
3 Members with trails
25 Overlapping donors

Sponsor and voter funding

Member Role Receipts Total received Top donors
Bob Morgan Chief sponsor 275 $400,474.94 Health Care Council of Illinois PAC ($50,000.00); IPACE ($15,000.00); Illinois State Medical Society PAC ($12,000.00)
Jennifer Gong-Gershowitz Sponsor 127 $206,174.77 Chicago Land Operators Joint Labor-Management PAC ($9,500.00); Illinois Laborers' Legislative Committee ($8,000.00); I.P.A.C.E. ($7,500.00)
Curtis J. Tarver, II Sponsor 156 $234,450.00 Realtor Political Action Committee ($15,000.00); CME Group Inc PAC ($10,000.00); Illinois Venture Capital Association (IVCA) PAC ($10,000.00)

Overlapping donors

Donors who gave to more than one sponsor or voter on this bill. Still not earmarked to the bill.

Donor Members Total
Realtor Political Action Committee Jennifer Gong-Gershowitz, Bob Morgan, Curtis J. Tarver, II $26,000.00
Chicago Land Operators Joint Labor-Management PAC Jennifer Gong-Gershowitz, Bob Morgan, Curtis J. Tarver, II $25,000.00
Illinois Laborers' Legislative Committee Jennifer Gong-Gershowitz, Bob Morgan, Curtis J. Tarver, II $20,000.00
Michael Sacks Jennifer Gong-Gershowitz, Curtis J. Tarver, II $14,600.00
Illinois Trial Lawyers Association Political Action Committee Jennifer Gong-Gershowitz, Bob Morgan $10,500.00
Carpentry Advancement PAC Fund Bob Morgan, Curtis J. Tarver, II $9,000.00
IMHA - PAC Jennifer Gong-Gershowitz, Curtis J. Tarver, II $7,000.00
Accel Entertainment Gaming, LLC Jennifer Gong-Gershowitz, Bob Morgan $6,000.00
Illinois Hospital Association PAC Bob Morgan, Curtis J. Tarver, II $5,500.00
Amazon.com Services LLC Jennifer Gong-Gershowitz, Bob Morgan $5,000.00
Everytown for Gun Safety Action Fund Jennifer Gong-Gershowitz, Bob Morgan $4,500.00
State Farm Federal PAC Bob Morgan, Curtis J. Tarver, II $4,000.00
Illinois Broadband & Cable Association Bob Morgan, Curtis J. Tarver, II $4,000.00
Cozen O'Connor Jennifer Gong-Gershowitz, Bob Morgan $4,000.00
Illinois CPAs for Political Action Jennifer Gong-Gershowitz, Curtis J. Tarver, II $3,300.00
Health Care Service Corporation Employees' PAC Bob Morgan, Curtis J. Tarver, II $2,000.00
Wine and Spirits Distributors of Illinois PAC Bob Morgan, Curtis J. Tarver, II $2,000.00
Steven Bills Jennifer Gong-Gershowitz, Bob Morgan $2,000.00
Daniel Ziegler Jennifer Gong-Gershowitz, Bob Morgan $2,000.00
Rocket Jennifer Gong-Gershowitz, Curtis J. Tarver, II $2,000.00
Illinois Lawyers PAC Jennifer Gong-Gershowitz, Bob Morgan $1,000.00
Dykema Gossett PLLC Bob Morgan, Curtis J. Tarver, II $1,000.00
Technology Network (Technet) Illinois PAC Jennifer Gong-Gershowitz, Bob Morgan $600.00
SMART TD PAC Bob Morgan, Curtis J. Tarver, II $500.00
Matthew O'Shea Consulting Inc Jennifer Gong-Gershowitz, Curtis J. Tarver, II $500.00

Top donors across these members

Donor Occupation Employer Receipts Total
Health Care Council of Illinois PAC — — 2 $50,000.00
Realtor Political Action Committee — — 7 $26,000.00
Chicago Land Operators Joint Labor-Management PAC — — 9 $25,000.00
Illinois Laborers' Legislative Committee — — 5 $20,000.00
IPACE — — 3 $15,000.00
Michael Sacks CEO GCM Grosvenor 2 $14,600.00
Illinois State Medical Society PAC — — 3 $12,000.00
Illinois Trial Lawyers Association Political Action Committee — — 4 $10,500.00
Davita — — 2 $10,000.00
LIUNA Chicago Laborers' District Council PAC — — 2 $10,000.00
Illinois Venture Capital Association (IVCA) PAC — — 2 $10,000.00
CME Group Inc PAC — — 2 $10,000.00
Carpentry Advancement PAC Fund — — 4 $9,000.00
Abbvie PAC — — 4 $7,500.00
Illinois Venture Capital Association PAC — — 2 $7,500.00
I.P.A.C.E. — — 2 $7,500.00
Cari B Sacks Philanthropist None 1 $7,300.00
Michael J. Sacks CEO and Chairman GMC Grosvenor 1 $7,300.00
Peter Lofgren Technical Staff Anthropic 1 $7,300.00
Benjamin West CTO Trajectory Labs, PBC 1 $7,300.00
Tao Lin Technical Staff Anthropic 1 $7,300.00
Todor Markov Technical Staff Anthropic 1 $7,300.00
William Saunders AI Researcher Anthropic 1 $7,300.00
Lauren Foster Not Employed Not Employed 1 $7,300.00
Matthew Fisher Research Scientist Adobe 1 $7,300.00

Witness slips

3 slips filed. Proponent / opponent / no position as filed with the committee.

Name Organization Representing Position Hearing committee Hearing date
Amy Williams Ilinois Secretary of State Illinois Secretary of State Proponent Judiciary - Civil 2025-03-12
Laura Wood Taft, Stettinius & Hollister, LLP Grainger Proponent Judiciary - Civil 2025-03-12
Michael Zalewski Taft, Stettinius & Hollister, LLP Grainger Proponent Judiciary - Civil 2025-03-12

Roll-call votes

Total votes and outcome per event. Deciding vote = margin of 1; those voters on the winning side could have changed the outcome by flipping.

Date Chamber Type Description Yea Nay Present NV Outcome Margin Deciding voters
H Committee Judiciary - Civil 18 0 0 2 Passed 18 —

Action History

11 actions recorded. Last action: 2025-04-11 — Rule 19(a) / Re-referred toRules Committee. Each action's meaning and outcome signal are classified automatically.

2025-02-05 Introduction & Filing
Filed with the Clerk byRep. Bob Morgan House Rule 6(b)
Bill officially submitted to the House Clerk during the session.
2025-02-06 Introduction & Filing
First Reading Senate Rule 5-1(d)/5-2; House Rule 37(d)/38
Formal introduction — title read into the official record. Required procedural step; bill now exists in the system.
2025-02-06 Committee Assignment
Referred toRules Committee Senate Rule 3-8(a); House Rule 18(a)
Sent to a committee (usually Rules in the House, Assignments in the Senate). The gatekeeping step — Rules/Assignments decides which substantive committee hears the bill.
2025-02-11 Co-Sponsorship Mild +
Added Chief Co-SponsorRep. Jennifer Gong-Gershowitz Senate Rule 5-1(a); House Rule 37(a)
Chief co-sponsor added.
2025-03-04 Committee Assignment
Assigned toJudiciary - Civil Committee Senate Rule 3-8(a); House Rule 18(b)
Sent to a substantive committee (e.g., Transportation, Revenue). This is where the bill gets a real hearing and evaluation.
2025-03-12 Co-Sponsorship Mild +
Added Chief Co-SponsorRep. Curtis J. Tarver, II Senate Rule 5-1(a); House Rule 37(a)
Chief co-sponsor added.
2025-03-12 Committee Action Positive
Do Pass / Short DebateJudiciary - Civil Committee; 018-000-000 Senate Rule 3-11(a)(1); House Rule 22(a)(1), 52(b)
Committee recommends passage and places it on the Short Debate calendar (limited floor discussion time). Strong positive signal — committee believes bill has broad support.
2025-03-12 Floor Process Positive
Placed on Calendar 2nd Reading - Short Debate Senate Rule 4-4(7-8)/5-2; House Rule 31(8-9)/38/52
Bill placed on the Second Reading calendar. Positive — bill is queued for floor action.
2025-03-19 Floor Process Positive
Second Reading - Short Debate Senate Rule 3-12(a)/5-4(a); House Rule 24(a)/40(b)/52(a)(1)
Bill reaches the floor amendment stage on Short Debate calendar. Major milestone — bill has passed committee and is on the floor.
2025-03-19 Floor Process Positive
Placed on Calendar Order of 3rd Reading - Short Debate Rule 4-4(8)
Bill placed on the Third Reading calendar — queued for final vote.
2025-04-11 Deadlines & Re-referrals Mild −
Rule 19(a) / Re-referred toRules Committee House Rule 19(a); Senate analog: Rule 3-9(a)
MISSED COMMITTEE DEADLINE — bill did not get a committee vote before the deadline and is re-referred to Rules/Assignments. The bill is NOT dead but faces an uphill battle to be reassigned. Most bills that hit Rule 19(a) do not advance.

All actions (table)

Date Chamber Action Category Signal
2025-02-05 House Filed with the Clerk byRep. Bob Morgan House Rule 6(b) Introduction & Filing —
2025-02-06 House First Reading Senate Rule 5-1(d)/5-2; House Rule 37(d)/38 Introduction & Filing —
2025-02-06 House Referred toRules Committee Senate Rule 3-8(a); House Rule 18(a) Committee Assignment —
2025-02-11 House Added Chief Co-SponsorRep. Jennifer Gong-Gershowitz Senate Rule 5-1(a); House Rule 37(a) Co-Sponsorship Mild +
2025-03-04 House Assigned toJudiciary - Civil Committee Senate Rule 3-8(a); House Rule 18(b) Committee Assignment —
2025-03-12 House Added Chief Co-SponsorRep. Curtis J. Tarver, II Senate Rule 5-1(a); House Rule 37(a) Co-Sponsorship Mild +
2025-03-12 House Do Pass / Short DebateJudiciary - Civil Committee; 018-000-000 Senate Rule 3-11(a)(1); House Rule 22(a)(1), 52(b) Committee Action Positive
2025-03-12 House Placed on Calendar 2nd Reading - Short Debate Senate Rule 4-4(7-8)/5-2; House Rule 31(8-9)/38/52 Floor Process Positive
2025-03-19 House Second Reading - Short Debate Senate Rule 3-12(a)/5-4(a); House Rule 24(a)/40(b)/52(a)(1) Floor Process Positive
2025-03-19 House Placed on Calendar Order of 3rd Reading - Short Debate Rule 4-4(8) Floor Process Positive
2025-04-11 House Rule 19(a) / Re-referred toRules Committee House Rule 19(a); Senate analog: Rule 3-9(a) Deadlines & Re-referrals Mild −