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Bill > H2685


MA H2685

Reducing certificate of organization fees for limited liability companies


summary

Introduced
01/22/2019
In Committee
10/29/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to reducing certificate of organization fees for limited liability companies. State Administration and Regulatory Oversight.

AI Summary

This bill reduces the certificate of organization fees for limited liability companies (LLCs) from $500 to $250. The bill amends Section 12 of Chapter 156C of the General Laws, which governs the formation and operation of LLCs in Massachusetts. By lowering the filing fee, this bill aims to make it more affordable for individuals and businesses to establish LLCs in the state.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (16)

Last Action

Bill reported favorably by committee and referred to the committee on House Ways and Means (on 10/29/2019)

bill text


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