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Bill > S196


MA S196

Relative to LLC filing fees


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to reduce certain Limited Liability Companies filing fees. Economic Development and Emerging Technologies.

AI Summary

This bill proposes to reduce certain filing fees for Limited Liability Companies (LLCs) in Massachusetts. Specifically, it would lower the fee for filing a certificate of organization and the annual report for LLCs with 6 or fewer employees from $500 to $250 each. The existing filing fees of $500 for the certificate of organization and annual report would remain in place for LLCs with more than 6 employees. The goal of this legislation is to provide economic relief and support for smaller LLCs in the state.

Committee Categories

Business and Industry

Sponsors (9)

Last Action

Accompanied a study order, see S2486 (on 04/26/2018)

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