Bill > A1096

Introduced Session

This bill would waive business formation and registration fees for the establishment of veteran-owned for-profit businesses and non-profit organizations. The bill defines veteran as any person who has served in any branch of the Armed Forces of the United States, including a member of a reserve component of the Armed Forces, for at least 90 days who has been honorably discharged. To provide proof of veteran status, a veteran would be required to submit a copy of the veteran's DD-214 form or a certificate of Release or Discharge from Active Duty with the veteran's formation and registration forms. Under current State law, for-profit businesses are required to pay $125, and domestic non-profit organizations are required to pay $75, respectively, along with their business formation applications. This bill would exempt veteran-owned businesses and non-profit organizations from this requirement, and any other business formation and registration fees required for the establishment of a business or non-profit organization. This bill would not change any renewal fees required by law. In 2016, the state of Pennsylvania enacted legislation to waive business fee requirements for veteran-owned businesses. This legislation would ease the financial requirements for veterans to establish their own businesses and successfully transition to civilian life.

AI Summary

Committee Categories

Wayne DeAngelo (D)*,  Carol Murphy (D)*,  Chris Tully (D)*,  John Armato (D),  Herbert Conaway (D),  Ronald Dancer (R),  BettyLou DeCroce (R),  JoAnn Downey (D),  Pam Lampitt (D),  Vincent Mazzeo (D),  Raj Mukherji (D),  Ryan Peters (R),  Verlina Reynolds-Jackson (D),  Kevin Rooney (R),  Parker Space (R),  Harold Wirths (R), 

Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 01/14/2020)

Official Document