If you're interested in passing benefit corp legislation in your state, please contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it . To see a draft of the model legislation, click here.
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Status: Passed. Will become effective December 31st 2014. Sponsors: Rep. Tom Forese, Rep. Justin Pierce, Rep. Bob Thorpe. Legislation: SB1238 Key Supporters: Seed Spot Quotes/Testimony: TBA |
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Status: Passed. Will go into effect 90 days after the legislature adjorns. Sponsors: Representative David Whitaker and Representative Deborah Ferguson Legislation: HB1510 Key Supporters: NA Quotes/Testimony: TBA |
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Status: Passed Sponsors: Assemblymember Huffman Legislation: AB361 Key Supporters: American Sustainble Business Council, Jonathan Storper, Donald Simon, John Montgomery, SVN, SB-Cal, New Voice of Business, Green Chamber of Commerce, Green America, CAMEO, CAC, Build It Green, ASBC, ACE, CAC, Bay Area Council, Montgomery & Hansen, HansonBridgett , Care2.com, Patagonia, RSF Financial, Donald Simon, Wendel Rosen Black & Dean and Green Seal. Quotes/Testimony: Silicon Valley Leadership Group |
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Status: Passed. Effective April 1, 2014. Sponsor: Representative Lee and Senator Kefalas Legislation: HB13-1138 Key Supporters: The Alliance for a Sustainable Colorado, UL, LLC (Underwriters Laboratories) SB 182, UL, LLC (Underwrtiers Laboratories) SB 003, Green America Quotes/Testimony: NA |
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Status: Passed Sponsors: Sen. Ihara, Sen. Chun Oakland, Sen. Green, Sen. Solomon, Sen. Espero, Sen. Fukunaga, Sen. Gabbard, Sen. Galuteria, Sen. Ige, Sen. Nishihara, Sen. Ryan, Sen. Slom, Sen. Taniguchi, Sen. Tokuda, Sen. Wakai, Rep. C. Lee, Rep. Browner, Rep. Carroll, Rep. Evans, Rep. Hanohano, Rep. M. Lee, Rep. Morita, Rep. Nakashima, Rep. Aquino, Rep. Awana, Rep. Chang, Rep. Chong, Rep. Choy, Rep. Cullen, Rep. Hashem, Rep. Mizuno, Rep. Nishimoto, Rep. B. Oshiro, Rep. Pine, Rep. Tsuji, Rep. Yamashita Legislation: SB 298 Key Supporters: Gary Hooser |
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Status: Introduced February 2nd 2011. Passed Senate. Passed House 5/10/12. Sent to the Governor on 6/8/2012. Signed on 7/2/12. Sponsors: Sen. Frerichs, Sen. Noland, Sen. Collins, Sen. Steans, Rep. Feigenholtz, Rep. Sente, Rep. Thapedi, Rep. Zalewski, Rep. Barickman Legislation: SB2897 Key Supporters: UL, LLC (Underwriters Laboratories) Quotes/Testimony: TBA |
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Status: Passed Sponsors: Sen. Raskin, Sen. Frosh, Sen. Feldman Legislation: SB690/HB1009 Key Supporters: Jim Epstein, Michael Shuman Quotes/Testimony: Sen. Jamie Raskin, Rep. Brian Feldman, Michael Shuman |
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Status: Passed Sponsors: Senator Joyce Legislation: H4352 Key Supporters: Preserve, Social(k), Dimagi |
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Status: Passed. Passed the House on 4/25/12. Passed the Senate on 5/22/12. Sent to the Governor on 5/24/12. Signed into law on 5/31/2012. Will go into effect 8/1/2012. Sponsors: Rep. Leger, Rep. Ortego Legislation: HB1178 Key Supporters: New Orleans Business Alliance Quotes/Testimony: TBA |
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Status: Passed Sponsors: Sen. Ruiz, Sen. Kean Jr., Assemblymember Wagner, Assemblymember Stender, Assemblymember O'Donnell Legislation: S2170 Key Supporters: Natural Systems Utilities Quotes/Testimony: Dominic Kulik, Natural Systems Utilities |
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Status: Passed Sponsors: Speaker Silver, Sen. Squadron Legislation: A4692-a and S79-a Key Supporters: ASBC, Buffalo First, Local First Ithaca, NYS B Corps, Singlebrook Technology Quotes/Testimony: Speaker's Press Release |
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Status: Introduced June 2nd 2011, Passed House 5/2/12 , Passed Senate 10/16/12. Signed into law on 10/24/12. Sponsors: Rep. Denlinger Cosponsors: Rep. DePasquale, Rep. Cutler, Rep. Bloom, Rep. Boyd, Rep. Briggs, Rep. Cohen, Rep. Creighton, Repr. Daley, Rep. Fleck, Rep. Gabler, Rep. Geist, Rep. Grove, Rep. Hickernell, Rep. Killion, Rep Longietti, Rep. Milne, Rep. Murt, Rep. Pyle, Rep. Rapp, Rep. Swanger, Rep. Wagner, Rep. Payton Legislation: HB1616 Key Supporters: SBN Philadelphia and the Fay-Penn Economic Development Council, Vertex, Dansko, and Ben Franklin Technology Partners Quotes/Testimony: B Lab |
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Status: Introduced February 9th 2012. Passed House 4/26/12. Passed Senate Judiciary Sub-Committee 5/8/12. Passed Senate Judiciary Committee on 5/30/2012. Passed Senate on 6/5/12. Passed House Concurrence vote 6/7/2012. Enacted by Governor Haley on 6/14/12. HB 4766 went into effect upon the Governor's signature. Sponsors: Rep. Stringer, Rep. Weeks, Sen. Sheheen Legislation: HB4766 Key Supporters: South Carolina Chamber of Commerce Quotes/Testimony: TBA |
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Status: Passed Sponsors: Sen. Shumlin, Sen. Miller Legislation: S.263 Key Supporters: VBSR, VEOC, Merritt & Merritt & Moulton Quotes/Testimony: Jeffrey Hollender, Seventh Generation, Ben Cohen and Jerry Greenfield, Ben & Jerry's, Jim Feinson, Gardener's Supply Company, Ken Merritt |
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Status: Passed Sponsors: Delegate McClellan, Delegate Brink, Delegate Cline, Delegate Dance, Delegate Herring, Delegate Kory, Delegate Lingamfelter Legislation: HB2358 |
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Status: Passed Senate Committee. Sponsors: Senator Cam Ward Legislation: SB14 Key Supporters: TBA Quotes/Testimony: TBA |
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Status: Introduced Sponsors: Representative Brendan Sharkey, Representative Joe Aresimowicz, Senator Donald Williams, Senator Martin Looney Legislation: HB6356 Key Supporters: The Connecticut State Bar Association Quotes/Testimony: TBA |
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Sponsors: Representative Charles Isenhart Legislation: HF 288 Key Supporters: NA Quotes/Testimony: TBA |
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Sponsors: Representative Kathleen Williams Legislation: HB 534 Key Supporters: NA Quotes/Testimony: TBA |
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Status: Passed Assembly Sponsors: Assemblyman Bobzien Legislation: AB89 Key Supporters: The Nevada Secretary of State, The Nevada Governor's Office of Economic Development, The City of Reno, The Sierra Club, The Nevada Conservation League, The Progressive Leadership Alliance of Nevada, The Nevada Renewable Energy Accelerator, The Reno Chamber of Commerce, The Las Vegas Chamber of Commerce, The Retail Association of Nevada, The Reno Collective, Patagonia Quotes/Testimony: Governor's Office of Economic Development |
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Status: Introduced Sponsors: Senator Brunstetter, Senator Clark, Senator Meredith, Representative McGrady, Representative Daughtry, Representative Harrison, Representative Bryan Key Supporters: Former President of the American Bar Association AP Carlton, Redwoods Group, Bull City Forward, Center for Advancement of Social Entrepreneurship (CASE), Chapel Hill-Carrboro Chamber of Commerce, UNC Center for Sustainable Enterprise, The Institute for Sustainable Development, Ad Spice Promotional Marketing, Blue Ridge Outdoors Magazine, Burt’s Bees, Dirtball Fashion, Fiberactive Organics, Foundation for a Sustainable Community, IContact, Highland Craftsmen, JustNeem, Larry’s Beans, Machen Advisory Group, NC Center for Nonprofits, Rain Water Solutions, Inc., Resourcing Natural Solutions, Self-Help Credit Union, Skin Care for Athletes, Southern Energy Management, Relevance, Inc., Watershed Capital Quotes/Testimony: TBA |
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Status: Passed House Committee. Sponsors: Secretary of State Kate Brown, Representative Tobias Read, Representative Jules Bailey Legislation: SB 144 and HB 2296 Key Supporters: Metropolitan Group, Equilibrium Capital Group, Pinpoint Logic, gDiapers, Better World Club, Celilo Group Media, Hawthorne Auto Clinic, Inc., Eleek, Bamboo Sushi, Brightworks, Celia Mueller CFP, PlanGreen, Diane Dulken Strategies, Eleven Wireless, Resource Recognition and Regeneration Ranch, Activate Hub, Portland Woolen Mills, WellBalance, Michael Olaf, Montessori Company, ONABEN: A Native American Business Network, Back Into Your Body, National Sustainable Sales, Social Enterprises Inc., True Nature Wellness, LLC, Adaptation Services, Green Rising, Trovi, Fishpeople, Endurawood, Sustainable Solutions Unlimited, Changents, Indow Windows, Canvas Dreams, Supportland, Immix Law Group, Artemis Foods, Green Building Services/BuildingInsigts LLC, EcoZoom, Elements Naturals LLC, B-Line, Sustainable Harvest, Preciva Incorporated, Prem Group, Freeflow Digital, Alima Cosmetics, Inc., Idealist Consulting, Miller Nash LLP, Inesscents Aromatic Botanicals, FMYI, Speak Shop, AXIS Performance Advisors, Inc., Ecotrust Forest Management, Capital Pacific Bank, TriLibrium, New Outlook Financial, LLC, Blue Tree Strategies, Medford Fabrication |
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Status: Introduced Sponsors: Representative Tanzi, Representative Blazejewski, Representative Ajello, Representative O`Grady, and Representative Valencia Legislation: HB5720 Key Supporters: NA Quotes/Testimony: TBA |
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Status: Introduced Sponsors: Representative Stefani Carter Legislation: HB2565 Key Supporters: NA Quotes/Testimony: TBA |
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Status: Introduced Sponsors: Senator John Unger Legislation: SB374 Key Supporters: NA Quotes/Testimony: TBA |
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Legal Disclaimer: The information on this site does not constitute legal advice and is provided solely as a reference. Those interested in electing benefit corporation status should discuss with their legal advisors the potential risks and liabilities and specific processes associated with this for the company's circumstances and state of incorporation.