Bill Text: IL SB3596 | 2011-2012 | 97th General Assembly | Introduced

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Bill Title: Amends the Limited Liability Company Act. Reduces the filing fees for a limited liability company filing articles of organization (domestic), application for admission (foreign), restated articles of organization (domestic), or an application for reinstatement (foreign or domestic) with the Secretary of State from $500 to $250. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [SB3596 Detail]

Download: Illinois-2011-SB3596-Introduced.html

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97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 SB3596 Introduced 2/10/2012, by Sen. Carole Pankau SYNOPSIS AS INTRODUCED:
805 ILCS 180/50-10
Amends the Limited Liability Company Act. Reduces the filing fees for a limited liability company filing articles of organization (domestic), application for admission (foreign), restated articles of organization (domestic), or an application for reinstatement (foreign or domestic) with the Secretary of State from $500 to $250. Effective immediately.
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FISCAL NOTE ACT MAY APPLY
A BILL FOR
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AN ACT concerning business.
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 articles of organization (domestic),
application for admission (foreign), and restated articles
of organization (domestic), $250 $500. Notwithstanding the
foregoing, the fee for filing 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

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Section 37-40 of this Act is $750.
(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
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

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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, $250 $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
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;

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95-331, eff. 8-21-07.)
Section 99. Effective date. This Act takes effect upon
becoming law.