On December 20th, 2017, Illinois governor Bruce Rauner signed into law Public Act 100-0571, which reduces many Illinois LLC filing fees (including new LLC formations and annual report fees) by up to 70%!
Until the change in the law, filing fees for a new LLC were $500 and the annual report fee was $250. They have now been reduced to $150 for a new LLC filing and $75 for the LLC annual report filing.
New Real Estate Act of 2018 involves Installment Sales Contracts related to Real Estate… It provides that a real estate installment contract for residential real estate is subject to the foreclosure provisions of the Code if the purchase price is to be paid in installments over a period in … Adds a corresponding change in the Consumer Fraud and Deceptive Business Practices Act. Effective January 1, 2018.
To learn more about this new act visit: http://bit.ly/2qfAZHw