Bill Text: IL HB5796 | 2011-2012 | 97th General Assembly | Introduced

---

Bill Title: 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.

Spectrum: Moderate Partisan Bill (Republican 7-1)

Status: (Failed) 2013-01-08 - Session Sine Die [HB5796 Detail]

Download: Illinois-2011-HB5796-Introduced.html

---

97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 HB5796 Introduced 2/16/2012, by Rep. Kent Gaffney 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.
LRB097 18213 HLH 63437 b
FISCAL NOTE ACT MAY APPLY
A BILL FOR
HB5796 LRB097 18213 HLH 63437 b
AN ACT concerning revenue.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Limited Liability Company Act is amended by
changing Section 50-10 as follows:
(805 ILCS 180/50-10)
Sec. 50-10. Fees.
(a) The Secretary of State shall charge and collect in
accordance with the provisions of this Act and rules
promulgated under its authority all of the following:
(1) Fees for filing documents.
(2) Miscellaneous charges.
(3) Fees for the sale of lists of filings and for
copies of any documents.
(b) The Secretary of State shall charge and collect for all
of the following:
(1) Filing an articles of organization (domestic),
application for admission (foreign), and restated articles
of organization (domestic), $500. Notwithstanding the
foregoing, the fee for filing an articles of organization
(domestic), application for admission (foreign), and
restated articles of organization (domestic) in connection
with a limited liability company with a series pursuant to

HB5796 - 2 - LRB097 18213 HLH 63437 b
Section 37-40 of this Act is $750.
(1.5) Filing articles of organization (domestic),
restated articles of organization (domestic), and articles
of organization (domestic) and restated articles of
organization (domestic) in connection with a limited
liability company with a series pursuant to Section 37-40
of this Act, $100.
(2) Filing amendments (domestic or foreign), $150.
(3) Filing articles of dissolution or application for
withdrawal, $100.
(4) Filing an application to reserve a name, $300.
(5) Renewal fee for reserved name, $100.
(6) Filing a notice of a transfer of a reserved name,
$100.
(7) Registration of a name, $300.
(8) Renewal of registration of a name, $100.
(9) Filing an application for use of an assumed name
under Section 1-20 of this Act, $150 for each year or part
thereof ending in 0 or 5, $120 for each year or part
thereof ending in 1 or 6, $90 for each year or part thereof
ending in 2 or 7, $60 for each year or part thereof ending
in 3 or 8, $30 for each year or part thereof ending in 4 or
9, and a renewal for each assumed name, $150.
(10) Filing an application for change of an assumed
name, $100.
(11) Filing an annual report of a limited liability

HB5796 - 3 - LRB097 18213 HLH 63437 b
company or foreign limited liability company, $250, if
filed as required by this Act, plus a penalty if
delinquent. Notwithstanding the foregoing, the fee for
filing an annual report of a limited liability company or
foreign limited liability company is $250 plus $50 for each
series for which a certificate of designation has been
filed pursuant to Section 37-40 of this Act, plus a penalty
if delinquent.
(12) Filing an application for reinstatement of a
limited liability company or foreign limited liability
company $500.
(13) Filing Articles of Merger, $100 plus $50 for each
party to the merger in excess of the first 2 parties.
(14) Filing an Agreement of Conversion or Statement of
Conversion, $100.
(15) Filing a statement of change of address of
registered office or change of registered agent, or both,
or filing a statement of correction, $25.
(16) Filing a petition for refund, $15.
(17) Filing any other document, $100.
(18) Filing a certificate of designation of a limited
liability company with a series pursuant to Section 37-40
of this Act, $50.
(c) The Secretary of State shall charge and collect all of
the following:
(1) For furnishing a copy or certified copy of any

HB5796 - 4 - LRB097 18213 HLH 63437 b
document, instrument, or paper relating to a limited
liability company or foreign limited liability company, or
for a certificate, $25.
(2) For the transfer of information by computer process
media to any purchaser, fees established by rule.
(Source: P.A. 94-605, eff. 1-1-06; 94-607, eff. 8-16-05;
95-331, eff. 8-21-07.)