97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB5796
 
Introduced 2/16/2012, by Rep. Kent Gaffney
 
SYNOPSIS AS INTRODUCED:
 
  
805 ILCS 180/50-10

    Amends the Limited Liability Company Act.  Provides that the fee for articles of organization is $100 (instead of $750 for limited liability companies with a series and $500 for other limited liability companies).  Effective immediately.


LRB097 18213 HLH 63437 b

FISCAL NOTE ACT MAY APPLY
 
 
A BILL FOR
 


HB5796LRB097 18213 HLH 63437 b



1    AN ACT concerning revenue.

 
2    Be it enacted by the People of the State of Illinois, 
3represented in the General Assembly: 




 
4    Section 5. The Limited Liability Company Act is amended  by 
5changing Section 50-10 as follows:
 



6    (805 ILCS 180/50-10)



7    Sec. 50-10. Fees. 

8    (a) The Secretary of State shall charge and collect in

9accordance with the provisions of this Act and rules

10promulgated under its authority all of the following:


11        (1) Fees for filing documents.


12        (2) Miscellaneous charges.


13        (3) Fees for the sale of lists of filings and for 
14    copies
of any documents.

15    (b) The Secretary of State shall charge and collect for
all 
16of the following:


17        (1) Filing an articles of organization (domestic), 
18    application for
admission (foreign), and restated articles 
19    of
organization (domestic), $500. Notwithstanding the 
20    foregoing, the fee for filing an articles of organization 
21    (domestic), application for admission (foreign), and 
22    restated articles of organization (domestic) in connection 
23    with a limited liability company with a series pursuant to 
 
 
HB5796- 2 -LRB097 18213 HLH 63437 b

1    Section 37-40 of this Act is $750.


2        (1.5)  Filing articles of organization (domestic), 
3    restated articles of organization (domestic), and articles 
4    of organization (domestic) and restated articles of 
5    organization (domestic) in connection with a limited 
6    liability company with a series pursuant to Section 37-40 
7    of this Act, $100. 

8        (2) Filing amendments (domestic or foreign), $150.


9        (3) Filing articles of dissolution or
application
for 
10    withdrawal, $100.


11        (4) Filing an application to reserve a name, $300.


12        (5) Renewal fee for reserved name, $100.


13        (6) Filing a notice of a transfer of a reserved
name, 
14    $100.


15        (7) Registration of a name, $300.


16        (8) Renewal of registration of a name, $100.


17        (9) Filing an application for use of an assumed
name 
18    under Section 1-20 of this Act, $150 for each
year or part 
19    thereof ending in 0 or 5, $120 for each year or
part 
20    thereof ending in 1 or 6, $90 for each year or part thereof 
21    ending in 2 or
7, $60 for each year or part thereof ending 
22    in 3 or 8, $30 for each year or
part thereof ending in 4 or 
23    9, and a renewal for each assumed name, $150.


24        (10) Filing an application for change of an assumed

25    name, $100.


26        (11) Filing an annual report of a limited liability

 
 
HB5796- 3 -LRB097 18213 HLH 63437 b

1    company or foreign limited liability company, $250, if

2    filed as required by this Act, plus a penalty if

3    delinquent. Notwithstanding the foregoing, the fee for 
4    filing an annual report of a limited liability company or 
5    foreign limited liability company is $250 plus $50 for each 
6    series for which a certificate of designation has been 
7    filed pursuant to Section 37-40 of this Act, plus a penalty 
8    if delinquent.



9        (12) Filing an application for reinstatement of a

10    limited liability company or foreign limited liability

11    company
$500.


12        (13) Filing Articles of Merger, $100 plus $50 for each 
13    party to the
merger in excess of the first 2 parties.


14        (14) Filing an Agreement of Conversion or Statement of 
15    Conversion, $100.


16        (15) Filing a statement of change of address of 
17    registered office or change of registered agent, or both, 
18    or filing a statement of correction, $25.


19        (16) Filing a petition for refund, $15.


20        (17) Filing any other document, $100.

21        (18) Filing a certificate of designation of a limited 
22    liability company with a series pursuant to Section 37-40 
23    of this Act, $50.

24    (c) The Secretary of State shall charge and collect all
of 
25the following:


26        (1) For furnishing a copy or certified copy of any

 
 
HB5796- 4 -LRB097 18213 HLH 63437 b

1    document, instrument, or paper relating to a limited

2    liability company or foreign limited liability company,
or 
3    for a certificate, $25.


4        (2) For the transfer of information by computer
process 
5    media to any purchaser, fees established by
rule.

6(Source: P.A. 94-605, eff. 1-1-06; 94-607, eff. 8-16-05; 
795-331, eff. 8-21-07.)

 
8    Section 99. Effective date. This Act takes effect upon 
9becoming law.