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| | SB2083 Engrossed | | LRB097 10102 AEK 50282 b |
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1 | | AN ACT concerning business.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Limited Liability Company Act is amended by |
5 | | changing Section 50-50 as follows:
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6 | | (805 ILCS 180/50-50)
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7 | | Sec. 50-50. Department of Business Services Special |
8 | | Operations Fund.
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9 | | (a) A special fund in the State treasury is created and |
10 | | shall be known as
the
Department of Business Services Special |
11 | | Operations Fund. Moneys deposited into
the Fund
shall, subject |
12 | | to appropriation, be used by the Department of Business |
13 | | Services
of the Office
of the Secretary of State, hereinafter |
14 | | "Department", to create and maintain the
capability to
perform |
15 | | expedited services in response to special requests made by the |
16 | | public
for same-day
or 24-hour service. Moneys deposited into |
17 | | the Fund shall be used for, but not
limited to,
expenditures |
18 | | for personal services, retirement, Social Security, |
19 | | contractual
services,
equipment, electronic data processing, |
20 | | and telecommunications.
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21 | | (b) The balance in the Fund at the end of any fiscal year |
22 | | shall not exceed
$600,000,
and any amount in excess thereof |
23 | | shall be transferred to the General Revenue
Fund.
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| | SB2083 Engrossed | - 2 - | LRB097 10102 AEK 50282 b |
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1 | | (c) All fees payable to the Secretary of State under this |
2 | | Section shall be
deposited
into the Fund. No other fees or |
3 | | charges collected under this Act
shall be
deposited into the
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4 | | Fund.
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5 | | (d) "Expedited services" means services rendered within |
6 | | the same day, or
within 24
hours from the time, the request |
7 | | therefor is submitted by the filer, law firm,
service company,
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8 | | or messenger physically in person or, at the Secretary of |
9 | | State's discretion,
by electronic means, to the Department's |
10 | | Springfield Office and
includes
requests for certified copies, |
11 | | photocopies, and certificates of good standing
made to the
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12 | | Department's Springfield Office in person or by telephone, or |
13 | | requests for
certificates of
good standing made in person or by |
14 | | telephone to the Department's Chicago
Office.
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15 | | (e) Fees for expedited services shall be as follows:
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16 | | Restated articles of organization, $200;
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17 | | Merger or conversion, $200;
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18 | | Articles of organization, $100;
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19 | | Articles of amendment, $100;
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20 | | Reinstatement, $100;
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21 | | Application for admission to transact business, $100;
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22 | | Certificate of good standing or abstract of computer |
23 | | record, $20;
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24 | | Except annual reports, all All other filings, copies of |
25 | | documents, annual reports, and copies of
documents of
dissolved |
26 | | or revoked limited liability companies, $50.
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