Bill Text: IL SB2663 | 2013-2014 | 98th General Assembly | Introduced

---

Bill Title: Amends the Business Corporation Act of 1983. Provides that a $50 expedited services fee for certain filings, copies of documents, and annual reports may be charged only if the materials are filed within 72 hours prior to the filing deadline.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2015-01-13 - Session Sine Die [SB2663 Detail]

Download: Illinois-2013-SB2663-Introduced.html

---

98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 SB2663 Introduced 1/21/2014, by Sen. Julie A. Morrison SYNOPSIS AS INTRODUCED:
805 ILCS 5/15.95 from Ch. 32, par. 15.95
Amends the Business Corporation Act of 1983. Provides that a $50 expedited services fee for certain filings, copies of documents, and annual reports may be charged only if the materials are filed within 72 hours prior to the filing deadline.
LRB098 15042 OMW 50003 b
A BILL FOR
SB2663 LRB098 15042 OMW 50003 b
AN ACT concerning business.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Business Corporation Act of 1983 is amended
by changing Section 15.95 as follows:
(805 ILCS 5/15.95) (from Ch. 32, par. 15.95)
Sec. 15.95. Department of Business Services Special
Operations Fund.
(a) A special fund in the State treasury known as the
Division of Corporations Special Operations Fund is renamed the
Department of Business Services Special Operations Fund.
Moneys deposited into the Fund shall, subject to appropriation,
be used by the Department of Business Services of the Office of
the Secretary of State, hereinafter "Department", to create and
maintain the capability to perform expedited services in
response to special requests made by the public for same day or
24 hour service. Moneys deposited into the Fund shall be used
for, but not limited to, expenditures for personal services,
retirement, social security, contractual services, equipment,
electronic data processing, and telecommunications.
(b) The balance in the Fund at the end of any fiscal year
shall not exceed $600,000 and any amount in excess thereof
shall be transferred to the General Revenue Fund.

SB2663 - 2 - LRB098 15042 OMW 50003 b
(c) All fees payable to the Secretary of State under this
Section shall be deposited into the Fund. No other fees or
taxes collected under this Act shall be deposited into the
Fund.
(d) "Expedited services" means services rendered within
the same day, or within 24 hours from the time, the request
therefor is submitted by the filer, law firm, service company,
or messenger physically in person or, at the Secretary of
State's discretion, by electronic means, to the Department's
Springfield Office and includes requests for certified copies,
photocopies, and certificates of good standing or fact made to
the Department's Springfield Office in person or by telephone,
or requests for certificates of good standing or fact made in
person or by telephone to the Department's Chicago Office.
(e) Fees for expedited services shall be as follows:
Restatement of articles, $200;
Merger, consolidation or exchange, $200;
Articles of incorporation, $100;
Articles of amendment, $100;
Revocation of dissolution, $100;
Reinstatement, $100;
Application for authority, $100;
Cumulative report of changes in issued shares or paid-in
capital, $100;
Report following merger or consolidation, $100;
Certificate of good standing or fact, $20;

SB2663 - 3 - LRB098 15042 OMW 50003 b
All other filings, copies of documents, annual reports
filed on or after January 1, 1984, and copies of documents of
dissolved or revoked corporations having a file number over
5199, $50. This fee may be charged only if the materials are
filed within 72 hours prior to the filing deadline.
(f) Expedited services shall not be available for a
statement of correction, a petition for refund or adjustment,
or a request involving annual reports filed before January 1,
1984 or involving dissolved corporations with a file number
below 5200.
(Source: P.A. 95-331, eff. 8-21-07.)