Wisconsin — Senate Bill 298, effective February 26, 2018, creates a new category of business corporation identified as a benefit corporation.  A benefit corporation shall have a purpose of creating general public benefit.  A general public benefit is a material positive impact on society and the environment through activities that promote some combination of specific public benefits.

New Jersey — Senate Bill 2239, effective January 16, 2018, amends the Business Corporation regarding proxy solicitation materials.

New Jersey — Assembly Bill 2975, effective January 16, 2018, amends the Business Corporation regarding shareholder inspection of records.

New Jersey — Assembly Bill 2971, effective January 16, 2018, amends the Business Corporation Act by authorizing director consent to actions without a meeting by electronic transmission.

New Jersey — Assembly Bill 2970, effective January 16, 2018, amends the Business Corporation Act regarding derivative proceedings and shareholder class actions.

New Jersey — Assembly Bill 2162, effective January 16, 2018, amends the Business Corporation Act regarding contents of bylaws with authorization for the inclusion of forum-selection clauses for certain types of actions.

New Jersey — Assembly Bill 2161, effective January 16, 2018, amends the Business Corporation Act regarding submission of mergers for shareholder vote and authorizing amendment of plans of merger.

State tax liens in Illinois attach to both real and personal property and are filed by the Department for unpaid taxes. As such, searching for state tax liens while conducting due diligence is pertinent in determining what assets might be encumbered by a lien. Learn more about the 2018 amendment.

Nebraska Legislative Bill 35 amends the Nebraska Model Business Corporation Act.

Federal - H.R. 1, the Tax Cuts and Jobs Act, enacts many changes to the U.S tax code.