98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
SB2663
 
Introduced 1/21/2014, by Sen. Julie A. Morrison
 
SYNOPSIS AS INTRODUCED:
 

 



805 ILCS 5/15.95  from Ch. 32, par. 15.95

     Amends the Business Corporation Act of 1983. Provides that a $50 expedited services fee for certain filings, copies of documents, and annual reports  may be charged only if the materials are filed within 72 hours prior to the filing deadline. 
  


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A BILL FOR
 

  
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1    AN ACT concerning business.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Business Corporation Act of 1983 is amended  
5by changing Section 15.95 as follows:
 



6    (805 ILCS 5/15.95)  (from Ch. 32, par. 15.95)



7    Sec. 15.95. Department of Business Services Special 
8Operations Fund. 

9    (a) A
special fund in the State treasury known as the 
10Division of
Corporations Special Operations
Fund is renamed the 
11Department of Business Services Special Operations
Fund.  
12Moneys deposited into the Fund shall, subject to appropriation, 
13be
used by the Department of Business Services of the
Office of 
14the Secretary of State,
hereinafter "Department", to create and 
15maintain the
capability
to perform
expedited services in 
16response to special requests made by the public for
same day or 
1724 hour service.  Moneys deposited into the Fund shall be used

18for, but not limited to, expenditures for personal services, 
19retirement,
social security, contractual services, equipment, 
20electronic data
processing, and telecommunications.

21    (b) The balance in the Fund at the end of any fiscal year 
22shall not
exceed $600,000 and any amount in excess thereof 
23shall be
transferred to
the General Revenue Fund.

 
 
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1    (c) All fees payable to the Secretary of State under this 
2Section
shall be deposited into the Fund.  No other fees or 
3taxes collected under
this Act shall be deposited into the 
4Fund.

5    (d) "Expedited services" means services rendered within 
6the same day,
or within 24 hours from the time, the request 
7therefor is submitted by the
filer, law firm, service company, 
8or messenger physically in person or, at
the Secretary of 
9State's discretion, by electronic means, to the
Department's 
10Springfield Office and includes requests for
certified copies,

11photocopies, and certificates of good standing or fact made to 
12the
Department's Springfield Office in person or by telephone,

13or requests for
certificates of good standing or fact made in 
14person or by telephone to the
Department's Chicago Office.

15    (e) Fees for expedited services shall be as follows:

16    Restatement of articles, $200;

17    Merger, consolidation or exchange, $200;

18    Articles of incorporation, $100;

19    Articles of amendment, $100;

20    Revocation of dissolution, $100;

21    Reinstatement, $100;

22    Application for authority, $100;

23    Cumulative report of changes in issued shares or
paid-in 
24capital, $100;

25    Report following merger or consolidation, $100;

26    Certificate of good standing or fact, $20;

 
 
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1    All other filings, copies of documents, annual reports

2filed on or after January 1, 1984, and copies of documents of 
3dissolved or
revoked
corporations having a
file number over 
45199, $50. This fee may be charged only if the materials are 
5filed within 72 hours prior to the filing deadline. 

6    (f) Expedited services shall not be available for a 
7statement of
correction, a petition for refund or adjustment, 
8or a request involving
annual reports filed before January 1, 
91984 or involving dissolved corporations
with a
file number 
10below 5200.

11(Source: P.A. 95-331, eff. 8-21-07.)