Full Text of SB2022 97th General Assembly
SB2022sam001 97TH GENERAL ASSEMBLY
| Sen. Carole Pankau Filed: 10/25/2011
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| | 1 | | AMENDMENT TO SENATE BILL 2022
| | 2 | | AMENDMENT NO. ______. Amend Senate Bill 2022 by replacing | | 3 | | everything after the enacting clause with the following:
| | 4 | | "Section 5. The Limited Liability Company Act is amended by | | 5 | | changing Section 50-50 as follows:
| | 6 | | (805 ILCS 180/50-50)
| | 7 | | Sec. 50-50. Department of Business Services Special | | 8 | | Operations Fund.
| | 9 | | (a) A special fund in the State treasury is created and | | 10 | | shall be known as
the
Department of Business Services Special | | 11 | | Operations Fund. Moneys deposited into
the Fund
shall, subject | | 12 | | to appropriation, be used by the Department of Business | | 13 | | Services
of the Office
of the Secretary of State, hereinafter | | 14 | | "Department", to create and maintain the
capability to
perform | | 15 | | expedited services in response to special requests made by the | | 16 | | public
for same-day
or 24-hour service. Moneys deposited into |
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| | 1 | | the Fund shall be used for, but not
limited to,
expenditures | | 2 | | for personal services, retirement, Social Security, | | 3 | | contractual
services,
equipment, electronic data processing, | | 4 | | and telecommunications.
| | 5 | | (b) The balance in the Fund at the end of any fiscal year | | 6 | | shall not exceed
$600,000,
and any amount in excess thereof | | 7 | | shall be transferred to the General Revenue
Fund.
| | 8 | | (c) All fees payable to the Secretary of State under this | | 9 | | Section shall be
deposited
into the Fund. No other fees or | | 10 | | charges collected under this Act
shall be
deposited into the
| | 11 | | Fund.
| | 12 | | (d) "Expedited services" means services rendered within | | 13 | | the same day, or
within 24
hours from the time, the request | | 14 | | therefor is submitted by the filer, law firm,
service company,
| | 15 | | or messenger physically in person or, at the Secretary of | | 16 | | State's discretion,
by electronic means, to the Department's | | 17 | | Springfield Office and
includes
requests for certified copies, | | 18 | | photocopies, and certificates of good standing
made to the
| | 19 | | Department's Springfield Office in person or by telephone, or | | 20 | | requests for
certificates of
good standing made in person or by | | 21 | | telephone to the Department's Chicago
Office.
| | 22 | | (e) Fees for expedited services shall be as follows:
| | 23 | | Restated articles of organization, $200;
| | 24 | | Merger or conversion, $200;
| | 25 | | Articles of organization, $100;
| | 26 | | Articles of amendment, $100;
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| | 1 | | Reinstatement, $100;
| | 2 | | Application for admission to transact business, $100;
| | 3 | | Certificate of good standing or abstract of computer | | 4 | | record, $20;
| | 5 | | All other filings, copies of documents, annual reports, and | | 6 | | copies of
documents of
dissolved or revoked limited liability | | 7 | | companies, $50; except that no expedited services fee shall be | | 8 | | charged for annual reports filed on-line.
| | 9 | | (Source: P.A. 92-33, eff. 7-1-01; 93-32, eff. 9-1-03.)
| | 10 | | Section 99. Effective date. This Act takes effect upon | | 11 | | becoming law.".
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