Effective December 20, 2017
Illinois announces Limited Liability Company Filing Fees Reduced by New Law SB 867 – effective immediately – reduces filing fees for limited liability companies.
Illinois Secretary of State Jesse White is announcing that a new law reducing filing fees for Illinois Limited Liability Companies (LLCs) took effect today, immediately upon the signature of the governor. Senate Bill 867, sponsored by state Sen. Thomas Cullerton (D-Villa Park) and state Rep. Carol Sente (D-Buffalo Grove), amends the Limited Liability Company Act, reducing filing fees for LLCs.
“This is a business-friendly law that significantly reduces the cost of forming and maintaining a Limited Liability Company in Illinois,” said White. “My office has been given the task of administering these fee reductions with respect to transactions, whether done online, through the mail, or in person. We strive to provide the highest level of customer service for every filing method used.”
Each month the Secretary of State Business Services Department processes and files approximately 20,000 LLC annual reports and documents. For more information regarding the fee reduction or to form an Illinois LLC today, contact the CORPSMART™ team at 800-737-8012