Bill
Bill > HB2117
KS HB2117
KS HB2117Modifying certain business filing and fee requirements for business trusts, foreign corporations and limited partnerships; authorizing professional corporations or limited liability companies formed or organized to render a professional service to participate in transactions under the business entity transactions act; and making certain information provided by registered agents a public record.
summary
Introduced
01/28/2025
01/28/2025
In Committee
03/05/2025
03/05/2025
Crossed Over
02/19/2025
02/19/2025
Passed
03/21/2025
03/21/2025
Dead
Signed/Enacted/Adopted
04/10/2025
04/10/2025
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT concerning business entities; requiring a business trust to file a certificate of dissolution or withdrawal with the secretary of state and pay associated fees when surrendering authority to transact business in Kansas; requiring a foreign corporation to use a form prescribed by the secretary of state when filing merger or consolidation information or amendments to such corporation's articles of incorporation; authorizing professional corporations or limited liability companies formed or organized to render a professional service to participate in transactions under the business entity transactions act; making certain information provided by registered agents a public record; modifying filing requirements and associated fees for limited partnerships; amending K.S.A. 17-2037, 17-7302, 17-78-110 and 17-7929 and K.S.A. 2024 Supp. 56-1a151 and 56-1a605 and repealing the existing sections.
AI Summary
This bill modifies several aspects of business entity regulations in Kansas, focusing on filing requirements, fees, and operational guidelines for various business types. The bill requires business trusts to file a certificate of dissolution or withdrawal with the secretary of state and pay associated fees, and mandates that foreign corporations use a specific form prescribed by the secretary of state when filing merger, consolidation, or amendment information. The legislation also removes previous restrictions that prevented professional corporations and professional limited liability companies from participating in certain business entity transactions. Additionally, the bill changes some provisions related to registered agents, making certain information they provide a public record, and updates filing requirements and fees for limited partnerships. The bill establishes more standardized and flexible processes for business entities to register, modify, and terminate their status in Kansas, giving the secretary of state more discretion in setting specific fees within established maximum limits. These changes aim to streamline business registration processes, provide clearer guidelines for different types of business entities, and potentially reduce administrative barriers for businesses operating in the state.
Committee Categories
Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Commerce, Labor and Economic Development (H)
Last Action
House Approved by Governor on Wednesday, March 26, 2025 (on 04/10/2025)
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://kslegislature.gov/li/b2025_26/measures/hb2117/ |
| Analysis - Summary: Enrolled - Law effective July 1, 2025 | https://kslegislature.gov/li/b2025_26/measures/documents/summary_hb_2117_2025.pdf |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/hb2117_enrolled.pdf |
| House Committee on Commerce, Labor and Economic Development Report | https://kslegislature.gov/li/b2025_26/measures/documents/cr_2025_hb2117_h_1215.pdf |
| Analysis - Supplemental Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/supp_note_hb2117_00_0000.pdf |
| Fiscal Note - Ficsal Note: As introduced | https://kslegislature.gov/li/b2025_26/measures/documents/fisc_note_hb2117_00_0000.pdf |
| BillText | https://kslegislature.gov/li/b2025_26/measures/documents/hb2117_00_0000.pdf |
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