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AN ACT CONCERNING THE USE OF VEIL PIERCING TO DETERMINE THE PERSONAL RESPONSIBILITY OF AN INTEREST HOLDER OF A DOMESTIC ENTITY FOR THE DEBTS, OBLIGATIONS OR OTHER LIABILITIES OF SUCH ENTITY AND THE RESPONSIBILITY OF A DOMESTIC ENTITY FOR THE DEBTS, OBLIGATIONS OR OTHER LIABILITIES OF AN INTEREST HOLDER OF SUCH ENTITY.
To codify the common law use of the instrumentality test when making determinations as to (1) the liability of the shareholders of a corporation for the act or debts of the corporation, and (2) the liability of the members or managers of a limited liability company for the debts, obligations or other liability of the limited liability company.
Introduced by:
Judiciary Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Public Act No. 19-181 [doc] | |
| File No. 907 [doc] | |
| File No. 784 [doc] | |
| JUD Joint Favorable Substitute [doc] | |
| Raised Bill [doc] |
| Called Amendments | |
| House Schedule A LCO# 7835 (D) [doc] |
| Votes | |
| Senate Roll Call Vote 397 | |
| House Roll Call Vote 107 AS AMENDED |
| Committee Actions | |
| JUD Joint Fav. Rpt | |
| JUD Vote Tally Sheet (Joint Favorable Substitute) |
| Fiscal Notes | |
| Fiscal Note for Amendment LCO 7835 (No Fiscal Impact) | |
| Fiscal Note For File Copy 907 | |
| Fiscal Note for HB-7340, As Amended by House "A" (LCO 7835) | |
| Fiscal Note For File Copy 784 |
| Bill Analyses | |
| Bill Analysis For File Copy 907 | |
| Bill Analysis for HB-7340, as amended by House "A" | |
| Bill Analysis For File Copy 784 |
Add Notes to HB-7340
Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 7/9/2019 | Signed by the Governor | ||
| 6/28/2019 | Transmitted by Secretary of the State to Governor | ||
| 6/28/2019 | Transmitted to the Secretary of State | ||
| 6/25/2019 | (LCO) | Public Act 19-181 | |
| 6/5/2019 | On Consent Calendar / In Concurrence | ||
| 6/5/2019 | Senate Passed as Amended by House Amendment Schedule A | ||
| 6/5/2019 | Senate Adopted House Amendment Schedule A | ||
| 5/16/2019 | (LCO) | File Number 907 | |
| 5/16/2019 | Senate Calendar Number 496 | ||
| 5/16/2019 | Favorable Report, Tabled for the Calendar, Senate | ||
| 5/14/2019 | House Passed as Amended by House Amendment Schedule A | ||
| 5/14/2019 | House Adopted House Amendment Schedule A 7835 | ||
| 4/25/2019 | (LCO) | File Number 784 | |
| 4/25/2019 | House Calendar Number 492 | ||
| 4/25/2019 | Favorable Report, Tabled for the Calendar, House | ||
| 4/25/2019 | (LCO) | Reported Out of Legislative Commissioners' Office | |
| 4/18/2019 | (LCO) | Referred to Office of Legislative Research and Office of Fiscal Analysis 04/24/19 5:00 PM | |
| 4/10/2019 | (LCO) | Filed with Legislative Commissioners' Office | |
| 4/8/2019 | (JUD) | Joint Favorable Substitute | |
| 3/11/2019 | Public Hearing 03/15 | ||
| 3/8/2019 | Referred to Joint Committee on Judiciary |
Co-sponsors of HB-7340
NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.