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IL SB3609

Bill

Status

Introduced

2/5/2026

Primary Sponsor

Ram Villivalam

Click for details

Origin

Senate

104th General Assembly

AI Summary

  • Allows voluntary cancellation of trademark registrations with the Illinois Secretary of State for a $25 fee and increases the recording fee for name or address changes from $5 to $25

  • Repeals provisions concerning infringement of Olympic marks under the Trademark Registration and Protection Act

  • Adds detailed definitions for calculating "gross amount of business transacted in Illinois" for corporations, including receipts from sales of tangible property delivered to Illinois buyers, services performed in the state, rentals, and intellectual property use

  • Establishes new provisions for reporting interim changes by foreign not-for-profit corporations and creates reinstatement procedures for LLCs and limited partnerships following expiration of their duration

  • Modifies annual reporting requirements and administrative procedures for business corporations, LLCs, and limited partnerships regarding dissolution, withdrawal, assumed names, and fee structures

Legislative Description

BUSINESS CORPORATIONS-VARIOUS

Last Action

Rule 2-10 Committee Deadline Established As March 27, 2026

3/13/2026

Committee Referrals

Judiciary3/3/2026
Assignments2/5/2026

Full Bill Text

No bill text available