IllinoisBusiness corporation rules would omit social media platform fee language
The introduced measure would change how the Business Corporation Act presents social media platform fee provisions and would state that Section 15.98 is repealed.
What it does
The introduced text would leave subsection (f) blank in the list of fees and charges collected by the Secretary of State.
The introduced text states that Section 15.98 of the Business Corporation Act of 1983 is repealed.
Argument forIf these provisions change current rules, businesses may face fewer listed charges related to social media platform fees.
Argument againstIf the fee provisions are currently used, changing or repealing them could reduce state revenue from those charges.
More detail
The introduced text would show subsection (f) as blank in the Secretary of State’s list of collected charges. The provision concerns fees and charges collected under the Business Corporation Act of 1983.
The introduced text states that Section 15.98 of the Business Corporation Act of 1983 is repealed. The provision concerns Section 15.98 of the Business Corporation Act of 1983.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Oct 2Added Co-Sponsor Rep. Dave SeverinLatest
- Oct 2Added Co-Sponsor Rep. Patrick Sheehan
- Oct 2Added Co-Sponsor Rep. Bradley Fritts
- Oct 2Added Co-Sponsor Rep. Christopher "C.D." Davidsmeyer
- Oct 2Added Co-Sponsor Rep. Ryan Spain
- Oct 2Added Co-Sponsor Rep. Michael J. Coffey, Jr.
- Oct 2Added Co-Sponsor Rep. Jed Davis
- Oct 2Added Co-Sponsor Rep. Brad Halbrook
- Oct 2Added Co-Sponsor Rep. Chris Miller
- Sep 23Added Co-Sponsor Rep. Jackie Haas
- Sep 23Added Co-Sponsor Rep. Martin McLaughlin
- Sep 23Added Co-Sponsor Rep. David Friess
- Sep 23Added Co-Sponsor Rep. Regan Deering
- Sep 23Added Co-Sponsor Rep. Jennifer Sanalitro
- Sep 23Added Co-Sponsor Rep. Joe C. Sosnowski
- Sep 23Added Chief Co-Sponsor Rep. Steven Reick
- Sep 21Added Co-Sponsor Rep. Tony M. McCombie
- Sep 21Added Co-Sponsor Rep. William E Hauter
- Sep 21Added Co-Sponsor Rep. Nicole La Ha
- Sep 21Added Co-Sponsor Rep. Kyle Moore
- Sep 21Added Co-Sponsor Rep. Kevin Schmidt
- Sep 17Removed Co-Sponsor Rep. Steven Reick
- Sep 17Added Co-Sponsor Rep. Steven Reick
- Aug 5Filed with the Clerk by Rep. Travis WeaverIntroduced
Taxes & BudgetEconomy & Jobs