LLC-REDUCE FILING FEES

SB 3709 reduces all filing fees for Illinois Limited Liability Companies (LLCs) and foreign LLCs operating in Illinois by 50%. It directly affects LLC owners who pay fees for documents like articles of organization ($75 to $37), annual reports ($37 to $18.50), name reservations ($25 to $12.50), and amendments ($25 to $12.50). The bill amends Section 50-10 of the Limited Liability Company Act to implement these fee cuts across all listed filings. The changes take effect immediately upon the bill's enactment.