Bill Text: IL HB5796 | 2011-2012 | 97th General Assembly | Introduced
Bill Title: 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.
Spectrum: Moderate Partisan Bill (Republican 7-1)
Status: (Failed) 2013-01-08 - Session Sine Die [HB5796 Detail]
Download: Illinois-2011-HB5796-Introduced.html
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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois, | ||||||||||||||||||||||||
3 | represented in the General Assembly:
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4 | Section 5. The Limited Liability Company Act is amended by | ||||||||||||||||||||||||
5 | changing Section 50-10 as follows:
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6 | (805 ILCS 180/50-10)
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7 | Sec. 50-10. Fees.
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8 | (a) The Secretary of State shall charge and collect in
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9 | accordance with the provisions of this Act and rules
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10 | promulgated under its authority all of the following:
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11 | (1) Fees for filing documents.
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12 | (2) Miscellaneous charges.
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13 | (3) Fees for the sale of lists of filings and for | ||||||||||||||||||||||||
14 | copies
of any documents.
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15 | (b) The Secretary of State shall charge and collect for
all | ||||||||||||||||||||||||
16 | of the following:
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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.
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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.
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8 | (2) Filing amendments (domestic or foreign), $150.
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9 | (3) Filing articles of dissolution or
application
for | ||||||
10 | withdrawal, $100.
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11 | (4) Filing an application to reserve a name, $300.
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12 | (5) Renewal fee for reserved name, $100.
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13 | (6) Filing a notice of a transfer of a reserved
name, | ||||||
14 | $100.
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15 | (7) Registration of a name, $300.
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16 | (8) Renewal of registration of a name, $100.
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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.
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24 | (10) Filing an application for change of an assumed
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25 | name, $100.
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26 | (11) Filing an annual report of a limited liability
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1 | company or foreign limited liability company, $250, if
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2 | filed as required by this Act, plus a penalty if
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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.
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9 | (12) Filing an application for reinstatement of a
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10 | limited liability company or foreign limited liability
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11 | company
$500.
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12 | (13) Filing Articles of Merger, $100 plus $50 for each | ||||||
13 | party to the
merger in excess of the first 2 parties.
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14 | (14) Filing an Agreement of Conversion or Statement of | ||||||
15 | Conversion, $100.
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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.
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19 | (16) Filing a petition for refund, $15.
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20 | (17) Filing any other document, $100.
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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.
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24 | (c) The Secretary of State shall charge and collect all
of | ||||||
25 | the following:
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26 | (1) For furnishing a copy or certified copy of any
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1 | document, instrument, or paper relating to a limited
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2 | liability company or foreign limited liability company,
or | ||||||
3 | for a certificate, $25.
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4 | (2) For the transfer of information by computer
process | ||||||
5 | media to any purchaser, fees established by
rule.
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6 | (Source: P.A. 94-605, eff. 1-1-06; 94-607, eff. 8-16-05; | ||||||
7 | 95-331, eff. 8-21-07.)
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