104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1549 Introduced 2/4/2025, by Sen. Andrew S. Chesney SYNOPSIS AS INTRODUCED: 805 ILCS 180/50-10 Amends the Limited Liability Company Act. Reduces various filing fees payable to the Secretary of State by 50%. Effective immediately. LRB104 03787 SPS 13811 b A BILL FOR 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1549 Introduced 2/4/2025, by Sen. Andrew S. Chesney SYNOPSIS AS INTRODUCED: 805 ILCS 180/50-10 805 ILCS 180/50-10 Amends the Limited Liability Company Act. Reduces various filing fees payable to the Secretary of State by 50%. Effective immediately. LRB104 03787 SPS 13811 b LRB104 03787 SPS 13811 b A BILL FOR
104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1549 Introduced 2/4/2025, by Sen. Andrew S. Chesney SYNOPSIS AS INTRODUCED:
805 ILCS 180/50-10 805 ILCS 180/50-10
805 ILCS 180/50-10
Amends the Limited Liability Company Act. Reduces various filing fees payable to the Secretary of State by 50%. Effective immediately.
LRB104 03787 SPS 13811 b LRB104 03787 SPS 13811 b
LRB104 03787 SPS 13811 b
A BILL FOR
SB1549LRB104 03787 SPS 13811 b SB1549 LRB104 03787 SPS 13811 b
SB1549 LRB104 03787 SPS 13811 b
1 AN ACT concerning business.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Limited Liability Company Act is amended by
5 changing 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
9 accordance with the provisions of this Act and rules
10 promulgated under its authority all of the following:
11 (1) Fees for filing documents.
12 (2) Miscellaneous charges.
13 (3) Fees for copies of any documents.
14 (b) The Secretary of State shall charge and collect for
15 all of the following:
16 (1) Filing articles of organization (domestic),
17 application for admission (foreign), and restated articles
18 of organization (domestic), $75 $150. Notwithstanding the
19 foregoing, the fee for filing articles of organization
20 (domestic), application for admission (foreign), and
21 restated articles of organization (domestic) in connection
22 with a limited liability company with a series or the
23 ability to establish a series pursuant to Section 37-40 of
104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1549 Introduced 2/4/2025, by Sen. Andrew S. Chesney SYNOPSIS AS INTRODUCED:
805 ILCS 180/50-10 805 ILCS 180/50-10
805 ILCS 180/50-10
Amends the Limited Liability Company Act. Reduces various filing fees payable to the Secretary of State by 50%. Effective immediately.
LRB104 03787 SPS 13811 b LRB104 03787 SPS 13811 b
LRB104 03787 SPS 13811 b
A BILL FOR
805 ILCS 180/50-10
LRB104 03787 SPS 13811 b
SB1549 LRB104 03787 SPS 13811 b
SB1549- 2 -LRB104 03787 SPS 13811 b SB1549 - 2 - LRB104 03787 SPS 13811 b
SB1549 - 2 - LRB104 03787 SPS 13811 b
1 this Act is $200 $400.
2 (2) Filing amendments (domestic or foreign), $25 $50.
3 (3) Filing a statement of termination or application
4 for withdrawal, $5.
5 (4) Filing an application to reserve a name, $25.
6 (5) Filing a notice of cancellation of a reserved
7 name, $5.
8 (6) Filing a notice of a transfer of a reserved name,
9 $25.
10 (7) Registration of a name, $25 $50.
11 (8) Renewal of registration of a name, $25 $50.
12 (9) Filing an application for use of an assumed name
13 under Section 1-20 of this Act, $75 $150 for each year or
14 part thereof ending in 0 or 5, $60 $120 for each year or
15 part thereof ending in 1 or 6, $45 $90 for each year or
16 part thereof ending in 2 or 7, $30 $60 for each year or
17 part thereof ending in 3 or 8, $15 $30 for each year or
18 part thereof ending in 4 or 9, and a renewal for each
19 assumed name, $75 $150.
20 (9.5) Filing an application for change of an assumed
21 name, $12 $25.
22 (10) Filing an application for cancellation of an
23 assumed name, $5.
24 (11) Filing an annual report of a limited liability
25 company or foreign limited liability company, $37 $75, if
26 filed as required by this Act, plus a penalty if
SB1549 - 2 - LRB104 03787 SPS 13811 b
SB1549- 3 -LRB104 03787 SPS 13811 b SB1549 - 3 - LRB104 03787 SPS 13811 b
SB1549 - 3 - LRB104 03787 SPS 13811 b
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 $37 $75 plus $25 $50
4 for each series for which a certificate of designation has
5 been 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, $100 $200.
11 (13) Filing articles of merger, $50 $100 plus $25 $50
12 for each party to the merger in excess of the first 2
13 parties.
14 (14) (Blank).
15 (15) Filing a statement of change of address of
16 registered office or change of registered agent, or both,
17 or filing a statement of correction, $12 $25.
18 (16) Filing a petition for refund, $5.
19 (17) Filing a certificate of designation of a limited
20 liability company with a series pursuant to Section 37-40
21 of this Act, $25 $50.
22 (18) (Blank).
23 (19) Filing, amending, or cancelling a statement of
24 authority, $25 $50.
25 (20) Filing, amending, or cancelling a statement of
26 denial, $5 $10.
SB1549 - 3 - LRB104 03787 SPS 13811 b
SB1549- 4 -LRB104 03787 SPS 13811 b SB1549 - 4 - LRB104 03787 SPS 13811 b
SB1549 - 4 - LRB104 03787 SPS 13811 b
1 (21) Filing any other document, $5.
2 (22) For furnishing a copy or certified copy of any
3 document, instrument, or paper relating to a limited
4 liability company or foreign limited liability company, or
5 for a certificate, $12 $25.
6 (c) (Blank).
7 (Source: P.A. 101-81, eff. 7-12-19; 101-578, eff. 8-26-19;
8 102-49, eff. 1-1-22.)
SB1549 - 4 - LRB104 03787 SPS 13811 b