HB 5211 Illinois House · 100th Regular Session

DFPR-PROFESSIONAL SERVICES-LLC

Summary
Amends the Professional Service Corporation Act. Provides that the certificate of registration shall expire on January 1, 2019, and on January 1 of every third year thereafter, for any professional service corporation that renders services that are regulated by the Department of Financial and Professional Regulation. Establishes a renewal fee of $40 for a certificate of registration issued by the Department. Makes similar changes to the Medical Corporation Act. Amends the Limited Liability Company Act. Defines "professional limited liability company". Removes provisions prohibiting a limited liability company from rendering certain professional services, and instead provides that a limited liability company that intends to provide a professional service licensed by the Department of Financial and Professional Regulation must be formed in compliance with the Professional Limited Liability Company Act. Amends the Professional Limited Liability Company Act. Defines "license". Provides that one or more individuals may organize a professional limited liability company by filing articles of organization with the Secretary of State on forms furnished by the Secretary. Sets forth certain requirements the articles of organization must satisfy. Provides that the company name of a professional limited liability company must contain the terms "professional limited liability company", "P.L.L.C.", or "PLLC". Lists the professional services a professional limited liability company may render, with certain exceptions. Provides that a professional limited liability company's certificate of registration shall expire on January 1, 2019 and on January 1 of every third year thereafter; and that the renewal fee for a certificate of registration shall be $40 (rather than calculated at the rate of $40 per year). Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Apr 2018
Committee Review
Floor Vote
Governor
Introduced Apr 23, 2018 Last action Jan 8, 2019
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
18
Key actions
3
Committee
7
Amendments
1
Apr 27, 2018
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Apr 24, 2018
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Business & Occupational Licenses Committee; 008-000-000
lower
Apr 23, 2018
Lower · Passed
House Floor Amendment No. 1 Rules Refers to Business & Occupational Licenses Committee
lower
Apr 19, 2018
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
Apr 19, 2018
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Tom Demmer
lower
Apr 10, 2018
Lower · Passed
Do Pass / Short Debate Business & Occupational Licenses Committee; 008-000-000
lower
Mar 21, 2018
Committee
Assigned to Business & Occupational Licenses Committee
lower
Feb 16, 2018
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.