IllinoisHB1604104th General Assembly (2025–2026)House

LLC ANNUAL REPORT FEE-WAIVER

Sponsored By: Suzanne M. Ness (Democratic)

In Committee

Summary

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.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Suzanne M. Ness

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

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

    3/21/2025House
  2. To Tax Policy: Other Taxes Subcommittee

    3/3/2025House
  3. Assigned to Revenue & Finance Committee

    2/18/2025House
  4. Referred to Rules Committee

    1/28/2025House
  5. First Reading

    1/28/2025House
  6. Filed with the Clerk by Rep. Suzanne M. Ness

    1/23/2025House

Bill Text

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