KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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SB789 • 2026

Businesses: business corporations; benefit corporations; authorize formation and establish duties of officers and directors. Amends (See bill).

Businesses: business corporations; benefit corporations; authorize formation and establish duties of officers and directors. Amends (See bill).

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Sean McCann (District 19), Michael Webber (District 9), Jeff Irwin (District 15)
Last action
2026-02-18
Official status
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Businesses: business corporations; benefit corporations; authorize formation and establish duties of officers and directors. Amends (See bill).

Businesses: business corporations; benefit corporations; authorize formation and establish duties of officers and directors.

What This Bill Does

  • Businesses: business corporations; benefit corporations; authorize formation and establish duties of officers and directors.
  • Amends (See bill).

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-18 SJ 14 Pg. 100

    INTRODUCED BY SENATOR SEAN MCCANN

  2. 2026-02-18 SJ 14 Pg. 100

    REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Official Summary Text

Businesses: business corporations; benefit corporations; authorize formation and establish duties of officers and directors. Amends (See bill).