98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB3395

 

Introduced , by Rep. Sandra M. Pihos

 

SYNOPSIS AS INTRODUCED:
 
805 ILCS 180/50-10

    Amends the Limited Liability Company Act. Provides that the fee for articles of organization is $100 (instead of $750 for limited liability companies with a series and $500 for other limited liability companies). Effective immediately.


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FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

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1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Limited Liability Company Act is amended by
5changing Section 50-10 as follows:
 
6    (805 ILCS 180/50-10)
7    Sec. 50-10. Fees.
8    (a) The Secretary of State shall charge and collect in
9accordance with the provisions of this Act and rules
10promulgated under its authority all of the following:
11        (1) Fees for filing documents.
12        (2) Miscellaneous charges.
13        (3) Fees for the sale of lists of filings and for
14    copies of any documents.
15    (b) The Secretary of State shall charge and collect for all
16of the following:
17        (1) Filing an articles of organization (domestic),
18    application for admission (foreign), and restated articles
19    of organization (domestic), $500. Notwithstanding the
20    foregoing, the fee for filing an 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 ability to establish

 

 

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1    series pursuant to Section 37-40 of this Act is $750.
2        (1.5) Filing articles of organization (domestic),
3    restated articles of organization (domestic), and articles
4    of organization (domestic) and restated articles of
5    organization (domestic) in connection with a limited
6    liability company with a series pursuant to Section 37-40
7    of this Act, $100.
8        (2) Filing articles of amendment or an amended
9    application for admission, $150.
10        (3) Filing articles of dissolution or application for
11    withdrawal, $100.
12        (4) Filing an application to reserve a name, $300.
13        (5) Filing a notice of cancellation of a reserved name,
14    $100.
15        (6) Filing a notice of a transfer of a reserved name,
16    $100.
17        (7) Registration of a name, $300.
18        (8) Renewal of registration of a name, $100.
19        (9) Filing an application for use of an assumed name
20    under Section 1-20 of this Act, $150 for each year or part
21    thereof ending in 0 or 5, $120 for each year or part
22    thereof ending in 1 or 6, $90 for each year or part thereof
23    ending in 2 or 7, $60 for each year or part thereof ending
24    in 3 or 8, $30 for each year or part thereof ending in 4 or
25    9, and a renewal for each assumed name, $150.
26        (10) Filing an application for change or cancellation

 

 

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1    of an assumed name, $100.
2        (11) Filing an annual report of a limited liability
3    company or foreign limited liability company, $250, if
4    filed as required by this Act, plus a penalty if
5    delinquent. Notwithstanding the foregoing, the fee for
6    filing an annual report of a limited liability company or
7    foreign limited liability company with ability to
8    establish series is $250 plus $50 for each series for which
9    a certificate of designation has been filed pursuant to
10    Section 37-40 of this Act and active on the last day of the
11    third month preceding the company's anniversary month,
12    plus a penalty if delinquent.
13        (12) Filing an application for reinstatement of a
14    limited liability company or foreign limited liability
15    company $500.
16        (13) Filing Articles of Merger, $100 plus $50 for each
17    party to the merger in excess of the first 2 parties.
18        (14) Filing an Agreement of Conversion or Statement of
19    Conversion, $100.
20        (15) Filing a statement of change of address of
21    registered office or change of registered agent, or both,
22    or filing a statement of correction, $25.
23        (16) Filing a petition for refund, $15.
24        (17) Filing any other document, $100.
25        (18) Filing a certificate of designation of a limited
26    liability company with the ability to establish series

 

 

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1    pursuant to Section 37-40 of this Act, $50.
2    (c) The Secretary of State shall charge and collect all of
3the following:
4        (1) For furnishing a copy or certified copy of any
5    document, instrument, or paper relating to a limited
6    liability company or foreign limited liability company, or
7    for a certificate, $25.
8        (2) For the transfer of information by computer process
9    media to any purchaser, fees established by rule.
10(Source: P.A. 97-839, eff. 7-20-12.)
 
11    Section 99. Effective date. This Act takes effect upon
12becoming law.