Bill > H3838

This bill proposes to modify existing law regarding business filing fees for veteran-owned businesses by waiving the fees for filing certificates of organization and annual reports when one or more authorized persons in the business is a United States Veteran. Specifically, the bill amends Section 12 of chapter 156C of the General Laws to add a new subsection that provides fee waivers for veterans when they submit satisfactory evidence of their veteran status to the secretary of state. The definition of a United States Veteran would be based on the existing definition in clause Forty-third of section 7 of chapter 4. By eliminating these filing fees, the bill aims to reduce financial barriers and provide economic support for veteran entrepreneurs when they are establishing or maintaining their business entities, potentially encouraging veteran business ownership and recognizing the service of military veterans.

Military Affairs and Security

https://malegislature.gov/Bills/194/H3838