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IL HB3514
Bill
Status
8/18/2017
Primary Sponsor
Peter Breen
Click for details
AI Summary
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Electronic filing with the Secretary of State's Office should not be charged extra fees beyond standard filing rates, to encourage paperless submissions.
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Creates supplemental deposits into the Department of Business Services Special Operations Fund: up to $25 per electronic transaction for nonprofits under the General Not For Profit Corporation Act of 1986, and up to $50 per electronic transaction for business filings (Business Corporation Act, Limited Liability Company Act, or Uniform Limited Partnership Act).
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Total annual deposits into the Special Operations Fund from electronic submissions cannot exceed $11,326,225; any amount collected above this cap goes to the General Revenue Fund.
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Clarifies that electronic filings cannot be charged expedited service fees solely because they were submitted electronically unless expedited service is explicitly requested by the filer.
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These supplemental deposit provisions expire on July 1, 2021.
Legislative Description
BUSINESS ELECTRONIC FILINGS
Last Action
Public Act . . . . . . . . . 100-0186
8/18/2017