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IL SB3609
Bill
Status
2/5/2026
Primary Sponsor
Ram Villivalam
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AI Summary
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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
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Repeals provisions concerning infringement of Olympic marks under the Trademark Registration and Protection Act
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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
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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
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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