IL HB5211 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

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.

Tracking Information

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Title

DFPR-PROFESSIONAL SERVICES-LLC

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2018-04-27HouseRule 19(a) / Re-referred to Rules Committee
2018-04-25HouseHeld on Calendar Order of Second Reading - Short Debate
2018-04-25HouseSecond Reading - Short Debate
2018-04-24HouseHouse Floor Amendment No. 1 Recommends Be Adopted Business & Occupational Licenses Committee; 008-000-000
2018-04-23HouseState Mandates Fiscal Note Filed
2018-04-23HouseHouse Floor Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
2018-04-23HouseFiscal Note Filed
2018-04-19HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2018-04-19HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Tom Demmer
2018-04-19HouseState Mandates Fiscal Note Requested by Rep. Rita Mayfield
2018-04-19HouseFiscal Note Requested by Rep. Rita Mayfield
2018-04-11HousePlaced on Calendar 2nd Reading - Short Debate
2018-04-10HouseDo Pass / Short Debate Business & Occupational Licenses Committee; 008-000-000
2018-03-21HouseAssigned to Business & Occupational Licenses Committee
2018-02-16HouseReferred to Rules Committee
2018-02-16HouseFirst Reading
2018-02-15HouseFiled with the Clerk by Rep. Tom Demmer

Code Citations

ChapterArticleSectionCitation TypeStatute Text
8051012Amended CodeCitation Text
805156Amended CodeCitation Text
8051801-25Amended CodeCitation Text
8051801-5Amended CodeCitation Text
80518511New CodeSee Bill Text
80518512New CodeSee Bill Text
80518513New CodeSee Bill Text
80518515Amended CodeCitation Text
8051852New CodeSee Bill Text
8051855Amended CodeCitation Text

Illinois State Sources


Bill Comments

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