HB1604 — LLC ANNUAL REPORT FEE-WAIVER
Last action — Rule 19(a) / Re-referred to Rules Committee
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1Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill has been introduced in the House. Introduced January 23, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
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.
Bill Text
We don't have the full text on file for this bill yet.
Read HB1604 on the official Illinois source →Action History
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Rule 19(a) / Re-referred to Rules Committee
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To Tax Policy: Other Taxes Subcommittee
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Assigned to Revenue & Finance Committee
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Referred to Rules Committee
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First Reading
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Filed with the Clerk by Rep. Suzanne M. Ness
Sponsors
- Suzanne M. Ness · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 182 not signed on
Sponsors (1)
- Suzanne M. Ness Democrat
Co-sponsors (0)
None.
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HB1604 do?
- 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.
- Who sponsors HB1604 ?
- HB1604 is sponsored by Suzanne M. Ness (Democrat).
- What is the current status of HB1604 ?
- This bill has been introduced in the House. Introduced January 23, 2025. It must pass committee before a floor vote.
- Where can I track HB1604 ?
- Track HB1604 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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