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IL SB2776

Bill

Official Source

Status

Failed

1/13/2015

Primary Sponsor

Heather Steans

Click for details

Origin

Senate

98th General Assembly

AI Summary

  • Reduces filing fee for articles of organization (domestic), application for admission (foreign), and restated articles of organization (domestic) from $500 to $39.

  • Reduces filing fee for articles of organization with ability to establish series from $750 to $59.

  • Adds $50 per series fee to annual report filings for limited liability companies with series that have active certificates of designation.

  • Amends the Limited Liability Company Act (805 ILCS 180/50-10) to modify Secretary of State fee structure.

  • Takes effect upon becoming law.

Legislative Description

LLC-ARTICLES-REDUCE FILING FEE

Last Action

Session Sine Die

1/13/2015

Committee Referrals

Rules5/16/2014
Sales and Other Taxes4/24/2014
Revenue & Finance4/23/2014
Rules4/1/2014
State Government & Veterans Affairs2/11/2014
Assignments1/30/2014

Full Bill Text

No bill text available