summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Relative to certificate of organization fees for limited liability companies or limited liability partnerships. Economic Development and Emerging Technologies.
AI Summary
This bill reduces the certificate of organization fees for limited liability companies (LLCs) or limited liability partnerships (LLPs) in Massachusetts. It provides that the filing fee of $50 per entity will be waived for up to two LLCs or LLPs per calendar year for individuals whose adjusted gross income for the previous year was at or below the federal poverty guideline. This measure aims to make it more affordable for low-income individuals to establish these types of business entities in the state.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Accompanied a study order, see H4584 (on 06/07/2018)
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://malegislature.gov/Bills/190/H218 |
| Bill | https://malegislature.gov/Bills/190/H218.pdf |
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