IL HB2779

Reduces filing fees for Limited Liability Companies under the Limited Liability Company Act by 50% across multiple fee categories.

Filing articles of organization reduced from $150 to $75; articles of organization with series ability reduced from $400 to $200.

Amendment filing fees reduced from $50 to $25; name registration and renewal reduced from $50 to $25 each; assumed name application reduced from $150 to $75.

Annual report filing fees reduced from $75 to $37; reinstatement application reduced from $200 to $100; merger articles reduced from $100 to $50 with per-party surcharges cut from $50 to $25.

Certificate and copy fees reduced from $25 to $12; statement of change/correction fees reduced from $25 to $12; takes effect immediately upon becoming law.