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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 SB3596 Introduced 2/10/2012, by Sen. Carole Pankau SYNOPSIS AS INTRODUCED: |
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Amends the Limited Liability Company Act. Reduces the filing fees for a limited liability company filing articles of organization (domestic), application for
admission (foreign), restated articles of
organization (domestic), or an application for reinstatement (foreign or domestic) with the Secretary of State from $500 to $250. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | SB3596 | | LRB097 20217 JLS 65654 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 50-10 as follows:
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6 | | (805 ILCS 180/50-10)
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7 | | Sec. 50-10. Fees.
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8 | | (a) The Secretary of State shall charge and collect in
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9 | | accordance with the provisions of this Act and rules
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10 | | promulgated under its authority all of the following:
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11 | | (1) Fees for filing documents.
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12 | | (2) Miscellaneous charges.
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13 | | (3) Fees for the sale of lists of filings and for |
14 | | copies
of any documents.
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15 | | (b) The Secretary of State shall charge and collect for
all |
16 | | of the following:
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17 | | (1) Filing articles of organization (domestic), |
18 | | application for
admission (foreign), and restated articles |
19 | | of
organization (domestic), $250 $500 . Notwithstanding the |
20 | | foregoing, the fee for filing articles of organization |
21 | | (domestic), application for admission (foreign), and |
22 | | restated articles of organization (domestic) in connection |
23 | | with a limited liability company with a series pursuant to |
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1 | | Section 37-40 of this Act is $750.
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2 | | (2) Filing amendments (domestic or foreign), $150.
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3 | | (3) Filing articles of dissolution or
application
for |
4 | | withdrawal, $100.
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5 | | (4) Filing an application to reserve a name, $300.
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6 | | (5) Renewal fee for reserved name, $100.
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7 | | (6) Filing a notice of a transfer of a reserved
name, |
8 | | $100.
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9 | | (7) Registration of a name, $300.
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10 | | (8) Renewal of registration of a name, $100.
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11 | | (9) Filing an application for use of an assumed
name |
12 | | under Section 1-20 of this Act, $150 for each
year or part |
13 | | thereof ending in 0 or 5, $120 for each year or
part |
14 | | thereof ending in 1 or 6, $90 for each year or part thereof |
15 | | ending in 2 or
7, $60 for each year or part thereof ending |
16 | | in 3 or 8, $30 for each year or
part thereof ending in 4 or |
17 | | 9, and a renewal for each assumed name, $150.
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18 | | (10) Filing an application for change of an assumed
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19 | | name, $100.
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20 | | (11) Filing an annual report of a limited liability
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21 | | company or foreign limited liability company, $250, if
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22 | | filed as required by this Act, plus a penalty if
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23 | | delinquent. Notwithstanding the foregoing, the fee for |
24 | | filing an annual report of a limited liability company or |
25 | | foreign limited liability company is $250 plus $50 for each |
26 | | series for which a certificate of designation has been |
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1 | | filed pursuant to Section 37-40 of this Act, plus a penalty |
2 | | if delinquent.
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3 | | (12) Filing an application for reinstatement of a
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4 | | limited liability company or foreign limited liability
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5 | | company , $250 $500 .
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6 | | (13) Filing Articles of Merger, $100 plus $50 for each |
7 | | party to the
merger in excess of the first 2 parties.
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8 | | (14) Filing an Agreement of Conversion or Statement of |
9 | | Conversion, $100.
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10 | | (15) Filing a statement of change of address of |
11 | | registered office or change of registered agent, or both, |
12 | | or filing a statement of correction, $25.
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13 | | (16) Filing a petition for refund, $15.
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14 | | (17) Filing any other document, $100.
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15 | | (18) Filing a certificate of designation of a limited |
16 | | liability company with a series pursuant to Section 37-40 |
17 | | of this Act, $50.
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18 | | (c) The Secretary of State shall charge and collect all
of |
19 | | the following:
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20 | | (1) For furnishing a copy or certified copy of any
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21 | | document, instrument, or paper relating to a limited
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22 | | liability company or foreign limited liability company,
or |
23 | | for a certificate, $25.
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24 | | (2) For the transfer of information by computer
process |
25 | | media to any purchaser, fees established by
rule.
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26 | | (Source: P.A. 94-605, eff. 1-1-06; 94-607, eff. 8-16-05; |