IL HB2713

Increases the threshold for transferring excess funds from the Division of Corporations Registered Limited Liability Partnership Fund to the General Revenue Fund from $200,000 to $600,000 annually.

Creates new expedited services for business filings with fees ranging from $20 to $200, including same-day or 24-hour processing for statements of qualification, reinstatement applications, mergers, certificates of existence, and other documents.

Establishes a dedicated account within the Registered Limited Liability Partnership Fund for expedited service fees to support staff, equipment, and technology needed for rapid processing.

Allows limited liability companies to use the name of a domestically dissolved corporation after 3 years, matching existing rules for corporations.

Clarifies language in annual report requirements for corporations regarding the timing of fiscal year information in relation to extended filing months.