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.


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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

 

 

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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

 

 

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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

 

 

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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.