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If your state is not listed below and you would like help writing an L3C bill for your state, please contact us at – info@americansforcommunitydevelopment.org Arkansas March 9, 2009 - Representative Kathy Webb has sponsored HB 2102 in the Arkansas state legislature. It is now in committee. Colorado L3C legislation was introduced by State Representative Joe Miklosi in the Colorado House on January 15, 2010. The bill is HB10-1111. The legislative history and text of House Bill HB10-111 can be found here. Crow Indian Nation Illinois Senator Heather Steans and Senator David Koehler have introduced Bill SB0239 in the Illinois Senate which will amend the Limited Liability Company Act. It allows for the creation of a low-profit limited liability company or L3C. Defines "L3C" or "low-profit limited liability company". On May 7, 2009 the Illinois House of Representatives unanimously passed SB0239. It now awaits the Governors signature. On Tuesday, August 4, 2009 Governor Pat Quinn signed Bill SB0239 into law. It takes effect January 1, 2010.
Missouri One February 29, 2009 Missouri State Representative Rachel Storch sponsor of HB 817 introduced the bill which "Allows for the organization of a low-profit limited liability company or L3C ." The legislative history and text can be found here. Michigan Both Houses of the Michigan Legislature have passed the L3C Bill, SB1445. Michigan Governor Granholm signed L3C Bill SNB-1445 on January 15, 2009. New York Senators William T. Stachowski and Kevin S. Parker have co-sponsored and introduced the L3C bill in the New York State Senate. You can read Bill No. 6726 here. North Carolina L3C legislation was re-introduced on February 25, 2008 in the North Carolina legislature by primary sponsor Senator Jim Jacumin entitled Endangered Manufacturing and Jobs Act, Senate Bill 308. On July 8, 2009 the North Carolina Senate passed Senate Bill 308. It now heads to the House. The legislative history and text of Senate Bill 308 can be found here. Oregon L3C legislation is being sponsored in Oregon by Representatives Larry Galizio of District 35 and Representative Tobias Read of District 2. The text of HB 2886 can be read here. Oglala Sioux Tribe On July 2, 2009 the Oglala Sioux Tribe passed legislation allowing for Low Profit Limited Liability Companies in the Oglala nation. Tennessee Senator Jack Johnson and Representative Charles Sargent are sponsoring and entering bills SB0472 /HB0664 authorizing the formation of low-profit limited liability companies in Tennessee. You can follow the bills progress here. Utah February, 2009 - Senator Lyle Hillyard from District 25 introduced the Low-profit Limited Liability Company Act S.B. 148 on February 2, 2009. It passed the Senate on February 24, 2009. S.B. 148 passed the House on March 10, 2009. The Act is sponsored in the House by Representative Kraig Powell of District 54. On March 23, 2009, Governor Jon M. Huntsman Jr. signed the Low-Profit Limited Liability Company Act S.B. 148 into law. The legislative history and text can be found here. Vermont The House version of the bill, H.B. 0775, was approved by the full House on February 27, 2008 and by the
Senate on April 11, 2008. The legislation was signed into law by Governor Jim Douglas on April 30, 2008. Wyoming January, 2009 - Wyoming State Representative, Dan Zwonitzer, introduced the L3C bill HB0182. The bill has passed in the House and the Senate passed it on February 20th. On February 26, 2009 Wyoming Governor Dave Freudenthal signed the L3C Legislation into law. The legislative history and text can be found here. Search for HB0182 in the bill listing.
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