Morrison measure to make corporations more transparent

SPRINGFIELD – State Senator Julie Morrison (D-Lake Forest) is sponsoring a measure that allows Illinois corporations to safely and effectively hold shareholder meetings virtually.

“While a lot of our favorite activities have been halted – much of our daily work and meetings haven’t,” Morrison said. “Corporations must be able to have transparent and safe communications between their boards and shareholders.”

The measure amends the Business Corporation Act to allow boards of directors of corporations to host shareholder meetings through virtual communication. If a corporation chooses to use these means, they must implement measures to allow shareholders to view, participate and vote.

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Martwick: ACA insurance enrollment open in response to COVID-19

CHICAGO – State Senator Robert Martwick (D-Chicago) is promoting the reopening of the ACA Health Insurance Marketplace during a Special Enrollment Period set up in response to COVID-19, allowing individuals and families to apply for and enroll in 2021 health insurance coverage.

“Health insurance should not be something you have to worry about during a pandemic,” Martwick said. “Take advantage of this enrollment window if you or your family have lost coverage.”

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Feigenholtz plan cuts red tape from adoption process

SPRINGFIELD – A measure sponsored by State Senator Sara Feigenholtz (D-Chicago) would further streamline the state’s adoption process while removing redundancies and red tape.

“Reaching the final steps of the adoption process is a wonderful experience, but the final steps can be confusing and laden with red tape,” said Feigenholtz, who is herself an adoptee. “In an effort to make a challenging process less so, this bill fine tunes and clarifies some issues that often arise while finalizing an adoption.”

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Crowe advances measure to digitize hearings, signatures for wills

SPRINGFIELD – Illinoisans looking to update their wills or establish end-of-life plans have faced barriers during the pandemic due to a rule requiring in-person court hearings, inspiring State Senator Rachelle Crowe (D-Glen Carbon) to introduce an initiative to update current practices for remote and electronic filings. The measure passed through the Senate’s Judiciary Committee Tuesday.

“Over the last year, more aspects of our daily lives have gone digital, but the procedure for estate planning has lagged behind as technology advances,” Crowe said. “Providing residents the option to have remote will hearings and electronic filings makes the process quicker and simpler.”

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