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Bill > HB4996
MI HB4996
MI HB4996Businesses: nonprofit corporations; annual report fees under the nonprofit corporation act; modify. Amends sec. 1060 of 1982 PA 162 (MCL 450.3060).
summary
Introduced
09/14/2023
09/14/2023
In Committee
09/26/2023
09/26/2023
Crossed Over
09/20/2023
09/20/2023
Passed
09/27/2023
09/27/2023
Dead
Signed/Enacted/Adopted
10/03/2023
10/03/2023
Introduced Session
102nd Legislature
Bill Summary
AN ACT to amend 1982 PA 162, entitled ?An act to revise, consolidate, and classify the laws relating to the organization and regulation of certain nonprofit corporations; to prescribe their duties, rights, powers, immunities, and liabilities; to provide for the authorization of foreign nonprofit corporations within this state; to impose certain duties on certain state departments; to prescribe fees; to prescribe penalties for violations of this act; and to repeal certain acts and parts of acts,? by amending section 1060 (MCL 450.3060), as amended by 2019 PA 69.
AI Summary
This bill amends Section 1060 of the Michigan Nonprofit Corporation Act to modify the annual report fees for nonprofit corporations. It outlines the various fees for filing different corporate documents, such as articles of incorporation, applications for certificates of authority, and annual reports. The bill also allows the administrator to waive the initial filing fee for corporations where the majority of the initial members, directors, or shareholders are individuals who have served in the U.S. Armed Forces and were honorably discharged. Additionally, the bill authorizes the administrator to accept credit card payments and charge a fee for documents submitted or certificates sent by facsimile or electronic transmission.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Assigned Pa 134'23 With Immediate Effect (on 10/03/2023)
Official Document
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