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OntarioPassed44th Parliament, 1st Session

Bill PR27 explained in plain English

KCI Property Investment Inc. Act, 2026

Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Ontario Legislature
Legislature / Parliament
Legislative Assembly of Ontario
Session
44th Parliament, 1st Session
Bill number
Bill PR27
Full title
KCI Property Investment Inc. Act, 2026
Current status
Passed
Latest event
Royal Assent received
Last updated
Jun 2, 2026

Official Legislative Assembly of Ontario snapshot for 44th Parliament, 1st Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.

Chamber
Legislative Assembly of Ontario
Current Stage
Royal Assent received
Latest Activity
Jun 2, 2026
Plain-language explanation
In plain English (our explanation)

Our plain-language take, written for civic education.

Source: By PoliticalData.ca

AI-assisted, reviewed before publishing
Short Version

Bill PR27, the KCI Property Investment Inc. Act, 2026, revives the dissolved corporation KCI Property Investment Inc. and restores it to its former legal standing.

What It Means

Bill PR27 is a private bill that aims to revive a dissolved corporation named KCI Property Investment Inc. The company was voluntarily dissolved on July 23, 2025. The bill states that reviving the corporation will restore it to its legal position as if it had not been dissolved, subject to any rights that others may have acquired since its dissolution. The Act came into force on June 2, 2026, the same day it received Royal Assent.

What This Bill Does
  • It revives KCI Property Investment Inc. (Section 1).
  • It restores KCI Property Investment Inc. to its legal position, including its property, rights, privileges, franchises, liabilities, contracts, disabilities, and debts, as they existed at the time of its dissolution (Section 1).
  • This restoration is subject to any rights that have been acquired by any person after the corporation's dissolution (Section 1).
  • It states that the Act comes into force on the day it receives Royal Assent (Section 2).
  • It provides the short title of the Act as the KCI Property Investment Inc. Act, 2026 (Section 3).
Who Is Affected
  • KCI Property Investment Inc.
  • Hamideh Hajihosseinloo (applicant, shareholder, and director of KCI Property Investment Inc. at the time of dissolution)
  • Any persons who acquired rights after the dissolution of KCI Property Investment Inc.
Rights, Duties, Or Obligations
  • KCI Property Investment Inc. is restored to its legal position, including all its property, rights, privileges, and franchises.
  • KCI Property Investment Inc. is subject to all its liabilities, contracts, disabilities, and debts as of the date of its dissolution.
  • The revival of the corporation is subject to any rights acquired by any person after its dissolution.
Important Dates
  • The corporation was voluntarily dissolved on July 23, 2025.
  • The Act received Royal Assent on June 2, 2026.
  • The Act came into force on June 2, 2026.
Uncertainties Or Limits
  • The restoration of KCI Property Investment Inc. is explicitly subject to any rights that may have been acquired by any person after the corporation's dissolution. The bill does not specify how such rights will be determined or managed.
Laws Or Regulations Affected
Business Corporations Act
impacted

The voluntary dissolution of KCI Property Investment Inc. under this Act on July 23, 2025, is effectively reversed by Bill PR27. This bill allows the corporation to be revived despite its prior dissolution under the Business Corporations Act.

Source: Preamble

KCI Property Investment Inc. Act, 2026
commencement

This Act officially comes into force on the date it receives Royal Assent.

Source: Section 2

Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.

Official text

Process Snapshot

Step 1
First reading
Mar 25, 2026
Step 2
Second reading
Jun 2, 2026
Step 3
Committee review
Not reached yet
Step 4
Third reading
Jun 2, 2026
Step 5
Royal assent
Jun 2, 2026

Vote Summary

No published recorded division

This bill does not have a published recorded division in the current official sources, so representative-by-representative vote counts are not shown.

Sponsor
Natalie Pierre
Progressive Conservative Party of Ontario | Burlington
Jurisdiction
Ontario Legislature

No published representative vote breakdown

The current official sources do not publish a recorded division breakdown for this bill, so there is no representative-by-representative table to show.

Official sources

Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.

How this data is sourced