IL HB3020

Reduces all fees payable to the Secretary of State under the Limited Liability Company Act by 50%, including registration fees, filing fees, copy fees, and expedited service fees.

Lowers registration fees from $300 to $150 for foreign LLC names and renewal fees from $100 to $50.

Reduces filing fees for articles of organization from $150 to $75, amendments from $50 to $25, and annual reports from $75 to $37.50.

Cuts expedited service fees in half across all document types, such as restated articles from $200 to $100 and certificates of good standing from $20 to $10.

Reduces attorney LLC certificate registration fees from $50 to $25 initially and renewal fees from $40 to $20 per year, with fees payable to the Illinois Supreme Court.