Full Text of HB3384 102nd General Assembly
HB3384 102ND GENERAL ASSEMBLY |
| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022 HB3384 Introduced 2/22/2021, by Rep. Andrew S. Chesney SYNOPSIS AS INTRODUCED: |
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Amends the Limited Liability Company Act. Reduces various filing fees payable to the Secretary of State by 50%. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| 1 | | AN ACT concerning business.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Limited Liability Company Act is amended by | 5 | | changing 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
| 9 | | accordance with the provisions of this Act and rules
| 10 | | promulgated 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
| 16 | | all of the following:
| 17 | | (1) Filing articles of organization (domestic), | 18 | | application for
admission (foreign), and restated articles | 19 | | of
organization (domestic), $75 $150 . 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 or the |
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| 1 | | ability to establish a series pursuant to Section 37-40 of | 2 | | this Act is $200 $400 .
| 3 | | (2) Filing amendments (domestic or foreign), $25 $50 .
| 4 | | (3) Filing a statement of termination or
application
| 5 | | for withdrawal, $5.
| 6 | | (4) Filing an application to reserve a name, $25.
| 7 | | (5) Filing a notice of cancellation of a reserved | 8 | | name, $5.
| 9 | | (6) Filing a notice of a transfer of a reserved
name, | 10 | | $25.
| 11 | | (7) Registration of a name, $25 $50 .
| 12 | | (8) Renewal of registration of a name, $25 $50 .
| 13 | | (9) Filing an application for use of an assumed
name | 14 | | under Section 1-20 of this Act, $75 $150 for each
year or | 15 | | part thereof ending in 0 or 5, $60 $120 for each year or
| 16 | | part thereof ending in 1 or 6, $45 $90 for each year or | 17 | | part thereof ending in 2 or
7, $30 $60 for each year or | 18 | | part thereof ending in 3 or 8, $15 $30 for each year or
| 19 | | part thereof ending in 4 or 9, and a renewal for each | 20 | | assumed name, $75 $150 .
| 21 | | (9.5) Filing an application for change of an assumed | 22 | | name, $12 $25 . | 23 | | (10) Filing an application for cancellation of an | 24 | | assumed
name, $5.
| 25 | | (11) Filing an annual report of a limited liability
| 26 | | company or foreign limited liability company, $37 $75 , if
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| 1 | | filed as required by this Act, plus a penalty if
| 2 | | delinquent. Notwithstanding the foregoing, the fee for | 3 | | filing an annual report of a limited liability company or | 4 | | foreign limited liability company is $37 $75 plus $37 $50 | 5 | | for each series for which a certificate of designation has | 6 | | been filed pursuant to Section 37-40 of this Act and is in | 7 | | effect on the last day of the third month preceding the | 8 | | company's anniversary month, plus a penalty if delinquent.
| 9 | | (12) Filing an application for reinstatement of a
| 10 | | limited liability company or foreign limited liability
| 11 | | company, $100 $200 .
| 12 | | (13) Filing articles of merger, $50 $100 plus $25 $50 | 13 | | for each party to the
merger in excess of the first 2 | 14 | | parties.
| 15 | | (14) (Blank).
| 16 | | (15) Filing a statement of change of address of | 17 | | registered office or change of registered agent, or both, | 18 | | or filing a statement of correction, $12 $25 .
| 19 | | (16) Filing a petition for refund, $5.
| 20 | | (17) Filing a certificate of designation of a limited | 21 | | liability company with a series pursuant to Section 37-40 | 22 | | of this Act, $25 $50 . | 23 | | (18) (Blank). | 24 | | (19) Filing, amending, or cancelling a statement of | 25 | | authority, $25 $50 . | 26 | | (20) Filing, amending, or cancelling a statement of |
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| 1 | | denial, $5 $10 . | 2 | | (21) Filing any other document, $5.
| 3 | | (c) The Secretary of State shall charge and collect all
of | 4 | | the following:
| 5 | | (1) For furnishing a copy or certified copy of any
| 6 | | document, instrument, or paper relating to a limited
| 7 | | liability company or foreign limited liability company,
or | 8 | | for a certificate, $12 $25 .
| 9 | | (2) For the transfer of information by computer
| 10 | | process media to any purchaser, fees established by
rule.
| 11 | | (Source: P.A. 100-561, eff. 7-1-18; 100-571, eff. 12-20-17; | 12 | | 101-81, eff. 7-12-19; 101-578, eff. 8-26-19.)
| 13 | | Section 99. Effective date. This Act takes effect upon | 14 | | becoming law.
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