Loading chat...
IL HB0047
Bill
Status
1/13/2021
Primary Sponsor
Joyce Mason
Click for details
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