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Bill > H557


MA H557

Reducing the costs for small business


summary

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

Introduced Session

190th General Court

Bill Summary

Relative to the organization of limited liability companies. Financial Services.

AI Summary

This bill aims to reduce the costs for small businesses by amending the General Laws to lower the filing fee for the certificate of organization and annual report required for limited liability companies (LLCs) in Massachusetts. Specifically, the bill reduces the fee for filing the certificate of organization and the annual report from an unspecified amount to a flat $250 for each filing. This change would be effective starting January 1, 2016.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Accompanied a study order, see H4778 (on 07/18/2018)

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