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IL HB0047

Bill

Status

Introduced

1/13/2021

Primary Sponsor

Joyce Mason

Click for details

Origin

House of Representatives

102nd General Assembly

AI Summary

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

  • Filing articles of organization reduced from $150 to $75; series LLC articles reduced from $400 to $200.

  • Annual report fee reduced from $75 to $37.50; assumed name application fee reduced from $150 to $75.

  • Attorney certificate of registration fee reduced from $50 to $25; renewal fee reduced from $40 to $20 per year, with funds deposited to Illinois Supreme Court Special Purposes Fund.

  • Expedited service fees reduced 50% across all filing types, including articles of organization from $100 to $50, mergers from $200 to $100, and computer abstracts from $20 to $10.

Legislative Description

LLC ACT-REDUCE FEES

Last Action

Added Co-Sponsor Rep. Maura Hirschauer

4/12/2021

Committee Referrals

Rules3/27/2021
Sales, Amusement & Other Taxes3/4/2021
Revenue & Finance2/23/2021
Rules1/14/2021

Full Bill Text

No bill text available