· IL legislature · 104th

LLC ANNUAL REPORT FEE-WAIVER

Amends the Limited Liability Company Act. Provides that, for the 5 years immediately following the formation of a limited liability company, if that limited liability company has a gross annual revenue of less than $1,000,000, the fee for filing an annual report shall be waived for that year.

Sponsor

Suzanne Ness (D-IL)

Introduced

2025-01-23

Policy area

Commerce

Latest action

Rule 19(a) / Re-referred to Rules Committee