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IL SB2246

Bill

Official Source

Status

Failed

1/13/2015

Primary Sponsor

Christine Radogno

Click for details

Origin

Senate

98th General Assembly

AI Summary

  • Reduces filing fees for limited liability companies to align with corporate filing fees under Illinois law.

  • Decreases articles of organization filing fee from $500 to $150; series-capable LLCs from $750 to $400.

  • Lowers annual report filing fee from $250 to $75; series-capable LLCs from $250 to $75 plus $50 per series.

  • Reduces multiple other fees including articles of amendment ($150 to $50), dissolution ($100 to $5), name reservation ($300 to $25), and reinstatement ($500 to $200).

  • Takes effect immediately upon becoming law.

Legislative Description

LLC FEE SCHEDULE

Last Action

Session Sine Die

1/13/2015

Committee Referrals

Assignments4/19/2013
Governmental Operations3/6/2013
Executive3/5/2013
Assignments2/15/2013

Full Bill Text

No bill text available