summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation relative to LLC filing fees . Economic Development and Emerging Technologies.
AI Summary
This bill proposes to amend the existing law in Massachusetts to change the filing fee for limited liability corporations (LLCs) from a fixed $500 fee to a sliding scale fee based on the LLC's gross revenue. The Secretary of State would be responsible for setting the specific sliding scale in regulations. This change is intended to adjust the filing fee based on the size and financial status of the LLC, rather than having a single fixed fee.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Accompanied a study order, see S2537 (on 02/18/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/S199 |
Bill | https://malegislature.gov/Bills/191/S199.pdf |
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