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Bill > S1996


MA S1996

Reducing the costs for small businesses


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation to reduce the costs for small businesses. State Administration and Regulatory Oversight.

AI Summary

This bill aims to reduce the costs for small businesses in Massachusetts. It amends the state's laws by striking out the existing requirement for limited liability companies to pay a $250 fee for filing their certificate of organization and annual report, and instead sets the fee to $0. The bill will take effect on January 1, 2025, providing small businesses with cost savings starting that year.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Accompanied a study order, see H4675 (on 06/10/2024)

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/193/S1996
BillText https://malegislature.gov/Bills/193/S1996.pdf
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