Posted on
Illinois B Corp Legislation Passes in the Senate
by Tim Frick
New law would place the tenets of socially responsible business at the heart of Illinois companies that want to make a difference.
Last week the Illinois Senate passed legislation that would make our fine state the eighth in the nation to enact legislation that makes the Benefit Corporation (B Corp) a legally recognized entity. If the bill also passes in the House—which is scheduled to vote in May—this could be great news for Illinois companies that want to build business while still maintaining a commitment to being socially responsible.
Continue Reading