Bill > A4137

Introduced Session

This bill would waive business formation and registration fees for the establishment of veteran-owned for-profit businesses and non-profit organizations. The bill defines veteran as any person who has served in any branch of the Armed Forces of the United States, including a member of a reserve component of the Armed Forces, for at least 90 days who has been honorably discharged. To provide proof of veteran status, a veteran would be required to submit a copy of the veteran's DD-214 form or a certificate of Release or Discharge from Active Duty with the veteran's formation and registration forms. Under current State law, for-profit businesses are required to pay $125, and domestic non-profit organizations are required to pay $75, respectively, along with their business formation applications. This bill would exempt veteran-owned businesses and non-profit organizations from this requirement, and any other business formation and registration fees required for the establishment of a business or non-profit organization. This bill would not change any renewal fees required by law. In 2016, the state of Pennsylvania enacted legislation to waive business fee requirements for veteran-owned businesses. This legislation would ease the financial requirements for veterans to establish their own businesses and successfully transition to civilian life.

AI Summary

Committee Categories

Wayne DeAngelo (D)*,  Carol Murphy (D)*,  Chris Tully (D)*,  Bob Andrzejczak (D),  John Armato (D),  Tony Bucco (R),  Herbert Conaway (D),  Ronald Dancer (R),  BettyLou DeCroce (R),  JoAnn Downey (D),  Pam Lampitt (D),  R. Bruce Land (D),  Vincent Mazzeo (D),  Ryan Peters (R),  Nancy Pinkin (D),  Verlina Reynolds-Jackson (D),  Kevin Rooney (R),  Parker Space (R),  Harold Wirths (R), 

Introduced, Referred to Assembly Military and Veterans' Affairs Committee (on 06/11/2018)