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Bill > H1022


MA H1022

MA H1022
To reduce the cost of business ownership


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 waive the initial organization and annual filing fees for certain businesses. Labor and Workforce Development.

AI Summary

This bill aims to reduce the cost of business ownership by waiving the initial organization fee and reducing the annual filing fee for certain businesses. Specifically, it amends the existing law to eliminate the fee for filing the certificate of organization and set the fee for the annual report filing at $125, to be paid when the report is filed. The purpose of this legislation is to make it more affordable for businesses to establish and maintain their operations in the state.

Committee Categories

Labor and Employment

Sponsors (6)

Last Action

Accompanied a study order, see H4729 (on 07/12/2018)

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