BILL · 2007–08 SESSION

HB 1111: Corporate directors

Determining the best interests of a corporation.

Summary

Explicitly allows a director of a corporation to consider more than the interests of shareholders when the director is discharging his or her duty to act in the best interest of the corporation.
Allows a director to consider the interests of employees, customers, suppliers and creditors as well as the general economy, community and societal interests.

From the House Bill Analysis 2007 (HB 1111), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to the duties of corporate directors;

No recorded floor votes. This measure never reached a floor vote.

Bill numbers restart every two years, so the same number is a different bill in each session.

HB 1111 (2025–26) Early release petitions · Did not pass · died in committee
HB 1111 (2023–24) Housing benefit districts · Did not pass · died in committee
HB 1111 (2021–22) Investments/B&O tax · Did not pass · died in committee
HB 1111 (2019–20) Regionalization/islands · Did not pass · died in committee
HB 1111 (2017–18) DNA biological samples · Did not pass · died in committee
HB 1111 (2015–16) Court transcripts · Enacted · Chapter 74, Laws of 2016
HB 1111 (2013–14) State's real property assets · Did not pass · died in committee
HB 1111 (2011–12) Federal, state & local govts · Did not pass · died in committee