Bill Status of SB 3398   100th General Assembly

Short Description:  DFPR-PROFESSIONAL SERVICES-LLC

Senate Sponsors
Sen. Pamela J. Althoff-Michael Connelly

House Sponsors
(Rep. Tom Demmer)


Last Action  View All Actions

DateChamber Action
  8/14/2018SenatePublic Act . . . . . . . . . 100-0894

Statutes Amended In Order of Appearance
805 ILCS 10/12from Ch. 32, par. 415-12
805 ILCS 15/6from Ch. 32, par. 636
805 ILCS 180/1-5
805 ILCS 180/1-25
805 ILCS 185/2 new
805 ILCS 185/5
805 ILCS 185/11 new
805 ILCS 185/12 new
805 ILCS 185/13 new
805 ILCS 185/15

Synopsis As Introduced
Amends the Professional Service Corporation Act. Provides that the certificate of registration shall expire on January 1, 2019, and on January 1 of every third year thereafter, for any professional service corporation that renders services that are regulated by the Department of Financial and Professional Regulation. Establishes a renewal fee of $40 for a certificate of registration issued by the Department. Makes similar changes to the Medical Corporation Act. Amends the Limited Liability Company Act. Defines "professional limited liability company". Removes provisions prohibiting a limited liability company from rendering certain professional services, and instead provides that a limited liability company that intends to provide a professional service licensed by the Department of Financial and Professional Regulation must be formed in compliance with the Professional Limited Liability Company Act. Amends the Professional Limited Liability Company Act. Defines "license". Provides that one or more individuals may organize a professional limited liability company by filing articles of organization with the Secretary of State on forms furnished by the Secretary. Sets forth certain requirements the articles of organization must satisfy. Provides that the company name of a professional limited liability company must contain the terms "professional limited liability company", "P.L.L.C.", or "PLLC". Lists the professional services a professional limited liability company may render, with certain exceptions. Provides that a professional limited liability company's certificate of registration shall expire on January 1, 2019 and on January 1 of every third year thereafter; and that the renewal fee for a certificate of registration shall be $40 (rather than calculated at the rate of $40 per year). Effective immediately.

Senate Floor Amendment No. 1
Further amends the Professional Limited Liability Company Act. Provides that a limited liability company that provides professional services and requires registration with the Department of Financial and Professional Regulation may convert to a professional limited liability company by filing the appropriate forms with the Secretary of State. Provides that there shall be no fee for this conversion.

Actions 
DateChamber Action
  2/16/2018SenateFiled with Secretary by Sen. Pamela J. Althoff
  2/16/2018SenateFirst Reading
  2/16/2018SenateReferred to Assignments
  2/27/2018SenateAssigned to Judiciary
  4/11/2018SenateDo Pass Judiciary; 011-000-000
  4/11/2018SenatePlaced on Calendar Order of 2nd Reading April 12, 2018
  4/13/2018SenateAdded as Chief Co-Sponsor Sen. Michael Connelly
  4/19/2018SenateSecond Reading
  4/19/2018SenatePlaced on Calendar Order of 3rd Reading April 20, 2018
  4/19/2018SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Pamela J. Althoff
  4/19/2018SenateSenate Floor Amendment No. 1 Referred to Assignments
  4/23/2018SenateSenate Floor Amendment No. 1 Assignments Refers to Judiciary
  4/24/2018SenateSenate Floor Amendment No. 1 Recommend Do Adopt Judiciary; 009-000-000
  4/26/2018SenateRecalled to Second Reading
  4/26/2018SenateSenate Floor Amendment No. 1 Adopted; Althoff
  4/26/2018SenatePlaced on Calendar Order of 3rd Reading
  4/26/2018SenateThird Reading - Passed; 054-000-000
  4/26/2018HouseArrived in House
  4/26/2018HouseChief House Sponsor Rep. Tom Demmer
  4/26/2018HouseFirst Reading
  4/26/2018HouseReferred to Rules Committee
  5/7/2018HouseAssigned to Business & Occupational Licenses Committee
  5/16/2018HouseDo Pass / Short Debate Business & Occupational Licenses Committee; 009-000-000
  5/18/2018HousePlaced on Calendar 2nd Reading - Short Debate
  5/21/2018HouseSecond Reading - Short Debate
  5/21/2018HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/25/2018HouseThird Reading - Short Debate - Passed 112-000-000
  5/25/2018SenatePassed Both Houses
  6/22/2018SenateSent to the Governor
  8/14/2018SenateGovernor Approved
  8/14/2018SenateEffective Date August 14, 2018
  8/14/2018SenatePublic Act . . . . . . . . . 100-0894

Back To Top