Corporations and limited liability companies; reduced fees for new business entities. (HB1155)

Introduced By

Del. Will Wampler (R-Abingdon)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Business entity fees for new entities. Reduces by 50 percent the amount of any registration fee, filing fee, charter fee, entrance fee, or annual registration fee required under Title 13.1 (Corporations) or Title 50 (Partnerships) to be assessed, charged, or collected by the clerk of the State Corporation Commission if the fee pertains to the filing of a document or instrument by or on behalf of a domestic corporation, limited liability company, business trust, partnership, or limited partnership that is formed on or after January 1, 2021, and is in existence for a period not exceeding 24 months. The measure has a delayed effective date of January 1, 2021, and directs the Commission to adopt implementing regulations by that date. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2020Committee
01/07/2020Prefiled and ordered printed; offered 01/08/20 20103536D
01/07/2020Referred to Committee on Labor and Commerce
01/17/2020Impact statement from SCC (HB1155)
01/23/2020Tabled in Labor and Commerce (17-Y 1-N) (see vote tally)

Post a Public Comment About this Bill



if you have one


(Limited HTML is OK: <a>, <em>, <strong>, <s>)