Status Tool

Select a classification to view its legal history
Enacted Legislation
Under Consideration
Failed Legislation
No Activity
Repealed Legislation

Status Overview

Within each Social Enterprise Category
All
24 21 0 75 G
Benefit Corps
2 8 22 68 G
L3Cs
41 37 6 16 G
SPCs
92 0 0 8 G
BLLCs
88 2 2 8 G

Recent Activity

04/11/19
Maine introduced benefit corporation bill L.D. 1519 during the spring of 2019. View
02/28/19
(HB 1154) to establish regulations for Benefit Corporations was introduced to Missouri House on February 28, 2019. View
02/08/19
Georgia introduced a benefit corporation bill, H.B. 230, on February 8, 2019. The bill passed the House on March 5, 2019 and was read and referred by the Senate on March 7, 2019. View
02/05/19
Iowa introduced companion benefit corporation bills H.F. 312, H.F. 229, and H.F. 645, on February 8, 2019, February 5, 2019, and March 6, 2019, respectively. View
02/04/19
Oklahoma’s benefit corporation bill (H.B. 2423) was introduced on February 4, 2019. The bill (H.B. 2423) passed in the House by a unanimous vote of 93-0 on March 14,2019 and passed in the Senate by a unanimous vote of 46-0 on April 8, 2019. View
02/05/19
(HB 8) Mississippi Benefit Corporation Act was introduced in the House on January 11, 2019 however it died in committee on the 5th of February 2019. View
01/18/19
Connecticut's H.B. 5600, AN ACT CONCERNING A STUDY OF THE TAX IMPLICATIONS OF ALLOWING BENEFIT LIMITED LIABILITY COMPANIES UNDER STATE LAW, was introduced in January 2019 and has been voted to draft as of April 15, 2019. View
01/14/19
Bill to create Public Benefit Corporations introduced to North Dakota Legislative Assembly on 14th January, 2019. Second reading failed to pass on the 8th of April, 2019. View
12/20/18
(HB 118) Benefit Corporation Act introduced in New Mexico House. View
05/04/18
Kansas public benefit corporation bill (H.B. 2125) died in the Senate Committee on May 4, 2018. View
04/26/18
Delaware amended its LLC statute to allow for the formation of public benefit limited liability companies (PBLLCs) later in 2018. The bill (S.B. 183), which was introduced on April 26, 2018, passed the Senate by a unanimous vote of 21-0 on June 5, 2018, and passed the House by a unanimous vote of 41-0 on June 30, 2018, was signed and enacted on by Governor John Carney on July 23, 2018. View
04/24/18
Michigan benefit corporation bill (H.B. 5867) reintroduced and referred to the House Committee on Commerce and Trade. View
03/14/18
New York’s L3C bill (A 10060) was introduced on March 14, 2018 and failed on April 9, 2018. View
03/08/18
New Jersey introduced a bill (S 2260) to amend its benefit corporation legislation on March 8, 2018. This bill proposed to clarify the purpose of benefit corporations and the standard of duty for the board of directors. Both bills did not come to a vote during the 2018 legislative session. View
03/05/18
New jersey introduced bill S 2093 to amend its benefit corporation on March 5, 2018. This bill (S 2093) sought to reduce the corporate business tax rate for certified benefit corporations by 20 percent per privilege period. View
02/09/18
Utah benefit limited liability company legslation (HB 186) passes House by a 61 to 0 vote. View
01/30/18
Mississippi introduced benefit corporation legislation on January 8, 2018. The bill died in the House Judiciary Committee on January 30, 2018. View
01/24/18
New York L3C legislation (A.5859) was introduced on February 16, 2017 then marked Enacting Clause Stricken on January 24, 2018. View
11/27/17
Wisconsin benefit corporation signed into law (2017 Wisconsin Act 77) by Gov. Scott Walker. View
06/14/17
Texas benefit corporation bill (HB 3488) signed into law by Gov. Greg Abott. View
05/16/17
Alaska benefit corporation bill (HB 124) passes House by a 28-11 vote View
05/16/17
North Carolina benefit corporation bill (HB 616) reported favorably and calendared View
04/19/17
Bill amending Colorado's Public Benefit Corporation Act (H.B. 17-1200) passed in Senate by a vote of 30-4 View
04/19/17
North Carolina benefit corporation bill (H.B. 616) re-referred to Committee on Finance View
04/14/17
No further action allowed on Nevada L3C bill (AB 172) pursuant to Joint Standing Rule No. 14.3.1 View
04/07/17
Joint Favorable Substitute of Connecticut benefit limited liability company bill (S.B. 12) reported by Senate Judiciary Committee View
04/05/17
North Carolina benefit corporation bill (H.B. 616) reintroduced in the House View
04/03/17
Bill amending Colorado's Public Benefit Corporation Act passed by the House by a unanimous vote of 63-0 View
03/30/17
Georgia benefit corporation bill (H.B. 278) withdrawn and recommitted View
03/20/17
Kentucky benefit corporation bill (H.B. 35) signed into law by Gov. Matt Bevin View
03/18/17
New Mexico benefit corporation bill (H.B. 467) withdrawn from Senate Committee on Corporations & Transportation for subsequent action View
03/10/17
New Mexico benefit corporation bill (H.B. 467) passes House by unanimous vote of 66-0 View
03/08/17
Texas benefit corporation bill (H.B. 3488) reintroduced in House View
03/02/17
Missouri benefit corporation bill (S.B. 467) referred to Senate Small Business and Industry Committee View
03/01/17
Missouri L3C bill (SB 326) passes Senate by vote of 33-0 View
02/23/17
Missouri benefit corporation bill (S.B. 467) reintroduced in Senate View
02/22/17
Amendment to Colorado Public Benefit Corporation Act (H.B. 17-1200) introduced in House View
02/21/17
Kansas benefit corporation bill (H.B. 2125) passes the House by a vote of 124-1 View
02/16/17
New York L3C bill (A.5859) reintroduced in the Assembly and referred to Corporations, Authorities and Commissions Committee View
02/15/17
New Mexico benefit corporation bill (H.B. 467) reintroduced in House View
02/15/17
Alaska benefit corporation bill (H.B. 124) reintroduced in the House View
02/09/17
Companion Iowa benefit corporation bill (S.F. 221) introduced in Senate View
02/07/17
Georgia benefit corporation bill (H.B. 278) reintroduced in the House View
01/31/17
Mississippi benefit corporation bill (H.B. 673) dies in House Judiciary Committee View
01/23/17
Kansas benefit corporation bill (H.B. 2125) introduced View
02/12/19
The Ohio benefit corporation bill (S.B. 21) was introduced on February 12, 2019 and passed in the Senate by a unanimous vote on March 6, 2019. It was referred to the House Committee on Civil Justice on March 19, 2019. View
01/23/17
Iowa benefit corporation bill (H.F. 62) introduced in the House View
01/19/17
Hawaii reintroduces L3C bill (HB 19) View
01/18/17
Oklahoma companion benefit corporation bills (S.B. 343 and H.B. 1809) are introduced View
01/13/17
Mississippi benefit corporation bill (H.B. 673) introduced in the House and referred to the Judiciary Committee View
11/21/16
Pennsylvania benefit limited liability company bill (H.B. 1398) signed into law by Gov. Tom Wolf View
11/10/16
Ohio benefit corporation bill (H.B. 545) referred to the House Commerce and Labor Committee View
10/27/16
Pennsylvania House unanimously concurs with Senate amendments to benefit limited liability company bill (H.B. 1398) by 185-0 vote View
10/26/16
Pennsylvania benefit limited liability company bill (H.B. 1398) unanimously passes Senate by 48-0 vote View
06/01/16
Kansas benefit corporation bill (H.B. 2697) died in committee View
06/01/16
New York L3C bills (A01209/S03550) are referred to the Assembly and Senate Corporations, Authorities and Commissions Committees, respectively View
05/31/16
Michigan reintroduces benefit corporation legislation (H.B. 5710); referred to the House Committee on Commerce and Trade View
05/03/16
Ohio introduces benefit corporation legislation (H.B. 545) View
04/13/16
Wisconsin benefit corporation bill (A.B. 59) and L3C bill (A.B. 60) fail to pass pursuant to Senate Joint Resolution 1 View
03/09/16
English version of Puerto Rico's public benefit corporation and L3C law now available View
01/01/14
North Carolina repealed its L3C statute and to date this is the only state that has abolished the L3C. View
01/01/70

About

Welcome to the Social Enterprise Law Tracker. Beginning in 2008, state legislatures began authorizing a new class of entities collectively known as social enterprises. These corporate and company forms are designed for businesses that seek to create positive social and environmental impacts in addition to financial returns.  These forms include the benefit corporation, the social purpose corporation (SPC), the low-profit limited liability company (L3C), and the benefit limited liability company (BLLC).

The Status Tool on this page visualizes how social enterprise law has spread across the United States. Select any state or jurisdiction for information about the social enterprise forms that are available, or are currently under consideration by the state legislature. All data collected and used on this site adheres to Sunlight Foundation’s Open Data Policy Guidelines, and can be downloaded for corresponding categories by clicking the link below the Status Tool map.

The Status Tool was developed by Rob Esposito and Shawn Pelsinger, with support from the NYU Jacobson Leadership Program in Law & Business, the NYU Stern Business & Society Program, and the NYU Law and Social Entrepreneurship Association.

Sponsored By

NYU School of Law NYU Stern

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