100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB0387

 

Introduced , by Rep. Carol Sente

 

SYNOPSIS AS INTRODUCED:
 
805 ILCS 180/50-10

    Amends the Limited Liability Company Act. Reduces some fees in the fee schedule for limited liability companies filing documents with the Secretary of State to match the fees for similar documents in the fee schedule for corporations. Effective immediately.


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FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB0387LRB100 04764 KTG 14771 b

1    AN ACT concerning business.
 
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    (Text of Section before amendment by P.A. 99-637)
8    Sec. 50-10. Fees.
9    (a) The Secretary of State shall charge and collect in
10accordance with the provisions of this Act and rules
11promulgated under its authority all of the following:
12        (1) Fees for filing documents.
13        (2) Miscellaneous charges.
14        (3) Fees for the sale of lists of filings and for
15    copies of any documents.
16    (b) The Secretary of State shall charge and collect for all
17of the following:
18        (1) Filing articles of organization (domestic),
19    application for admission (foreign), and restated articles
20    of organization (domestic), $150 $500. Notwithstanding the
21    foregoing, the fee for filing articles of organization
22    (domestic), application for admission (foreign), and
23    restated articles of organization (domestic) in connection

 

 

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1    with a limited liability company with ability to establish
2    series pursuant to Section 37-40 of this Act is $400 $750.
3        (2) Filing articles of amendment or an amended
4    application for admission, $50 $150.
5        (3) Filing articles of dissolution or application for
6    withdrawal, $5 $100.
7        (4) Filing an application to reserve a name, $25 $300.
8        (5) Filing a notice of cancellation of a reserved name,
9    $5 $100.
10        (6) Filing a notice of a transfer of a reserved name,
11    $25 $100.
12        (7) Registration of a name, $50 $300.
13        (8) Renewal of registration of a name, $50 $100.
14        (9) Filing an application for use of an assumed name
15    under Section 1-20 of this Act, $150 for each year or part
16    thereof ending in 0 or 5, $120 for each year or part
17    thereof ending in 1 or 6, $90 for each year or part thereof
18    ending in 2 or 7, $60 for each year or part thereof ending
19    in 3 or 8, $30 for each year or part thereof ending in 4 or
20    9, and a renewal for each assumed name, $150.
21        (9.5) Filing an application for change of an assumed
22    name, $25.
23        (10) Filing an application for change or cancellation
24    of an assumed name, $5 $100.
25        (11) Filing an annual report of a limited liability
26    company or foreign limited liability company, $75 $250, if

 

 

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1    filed as required by this Act, plus a penalty if
2    delinquent. Notwithstanding the foregoing, the fee for
3    filing an annual report of a limited liability company or
4    foreign limited liability company with ability to
5    establish series is $75 $250 plus $50 for each series for
6    which a certificate of designation has been filed pursuant
7    to Section 37-40 of this Act and active on the last day of
8    the third month preceding the company's anniversary month,
9    plus a penalty if delinquent.
10        (12) Filing an application for reinstatement of a
11    limited liability company or foreign limited liability
12    company $200 $500.
13        (13) Filing Articles of Merger, $100 plus $50 for each
14    party to the merger in excess of the first 2 parties.
15        (14) Filing an Agreement of Conversion or Statement of
16    Conversion, $100.
17        (15) Filing a statement of change of address of
18    registered office or change of registered agent, or both,
19    or filing a statement of correction, $25.
20        (16) Filing a petition for refund, $5 $15.
21        (17) Filing any other document, $5 $100.
22        (18) Filing a certificate of designation of a limited
23    liability company with the ability to establish series
24    pursuant to Section 37-40 of this Act, $50.
25    (c) The Secretary of State shall charge and collect all of
26the following:

 

 

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1        (1) For furnishing a copy or certified copy of any
2    document, instrument, or paper relating to a limited
3    liability company or foreign limited liability company, or
4    for a certificate, $25.
5        (2) For the transfer of information by computer process
6    media to any purchaser, fees established by rule.
7(Source: P.A. 97-839, eff. 7-20-12.)
 
8    (Text of Section after amendment by P.A. 99-637)
9    Sec. 50-10. Fees.
10    (a) The Secretary of State shall charge and collect in
11accordance with the provisions of this Act and rules
12promulgated under its authority all of the following:
13        (1) Fees for filing documents.
14        (2) Miscellaneous charges.
15        (3) Fees for the sale of lists of filings and for
16    copies of any documents.
17    (b) The Secretary of State shall charge and collect for all
18of the following:
19        (1) Filing articles of organization (domestic),
20    application for admission (foreign), and restated articles
21    of organization (domestic), $150 $500. Notwithstanding the
22    foregoing, the fee for filing articles of organization
23    (domestic), application for admission (foreign), and
24    restated articles of organization (domestic) in connection
25    with a limited liability company with a series or the

 

 

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1    ability to establish a series pursuant to Section 37-40 of
2    this Act is $400 $750.
3        (2) Filing amendments (domestic or foreign), $50 $150.
4        (3) Filing a statement of termination or application
5    for withdrawal, $5 $25.
6        (4) Filing an application to reserve a name, $25 $300.
7        (5) Filing a notice of cancellation of a reserved name,
8    $5 $100.
9        (6) Filing a notice of a transfer of a reserved name,
10    $25 $100.
11        (7) Registration of a name, $50 $300.
12        (8) Renewal of registration of a name, $50 $100.
13        (9) Filing an application for use of an assumed name
14    under Section 1-20 of this Act, $150 for each year or part
15    thereof ending in 0 or 5, $120 for each year or part
16    thereof ending in 1 or 6, $90 for each year or part thereof
17    ending in 2 or 7, $60 for each year or part thereof ending
18    in 3 or 8, $30 for each year or part thereof ending in 4 or
19    9, and a renewal for each assumed name, $150.
20        (9.5) Filing an application for change of an assumed
21    name, $25.
22        (10) Filing an application for change or cancellation
23    of an assumed name, $5 $100.
24        (11) Filing an annual report of a limited liability
25    company or foreign limited liability company, $75 $250, if
26    filed as required by this Act, plus a penalty if

 

 

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1    delinquent. Notwithstanding the foregoing, the fee for
2    filing an annual report of a limited liability company or
3    foreign limited liability company is $75 $250 plus $50 for
4    each series for which a certificate of designation has been
5    filed pursuant to Section 37-40 of this Act and is in
6    effect on the last day of the third month preceding the
7    company's anniversary month, plus a penalty if delinquent.
8        (12) Filing an application for reinstatement of a
9    limited liability company or foreign limited liability
10    company $200 $500.
11        (13) Filing articles of merger, $100 plus $50 for each
12    party to the merger in excess of the first 2 parties.
13        (14) Filing articles of conversion, $100.
14        (15) Filing a statement of change of address of
15    registered office or change of registered agent, or both,
16    or filing a statement of correction, $25.
17        (16) Filing a petition for refund, $5 $15.
18        (17) Filing a certificate of designation of a limited
19    liability company with a series pursuant to Section 37-40
20    of this Act, $50.
21        (18) Filing articles of domestication, $100.
22        (19) Filing, amending, or cancelling a statement of
23    authority, $50.
24        (20) Filing, amending, or cancelling a statement of
25    denial, $10.
26        (21) Filing any other document, $5 $100.

 

 

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1    (c) The Secretary of State shall charge and collect all of
2the following:
3        (1) For furnishing a copy or certified copy of any
4    document, instrument, or paper relating to a limited
5    liability company or foreign limited liability company, or
6    for a certificate, $25.
7        (2) For the transfer of information by computer process
8    media to any purchaser, fees established by rule.
9(Source: P.A. 99-637, eff. 7-1-17.)
 
10    Section 95. No acceleration or delay. Where this Act makes
11changes in a statute that is represented in this Act by text
12that is not yet or no longer in effect (for example, a Section
13represented by multiple versions), the use of that text does
14not accelerate or delay the taking effect of (i) the changes
15made by this Act or (ii) provisions derived from any other
16Public Act.
 
17    Section 99. Effective date. This Act takes effect upon
18becoming law.