An Act relative to limited liability company fees
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill, H.479, addresses fees associated with the formation and operation of Limited Liability Companies (LLCs) in Massachusetts. It seeks to reduce these fees, potentially making it more affordable for businesses to establish and maintain LLCs within the state. The bill’s specific details regarding the fee reductions are currently under consideration by the Economic Development and Emerging Technologies committee. This legislation is part of a series of bills aimed at streamlining and reducing costs for small businesses.
Key provisions
- Reduces fees for LLC formation.
- May reduce annual report fees for LLCs.
- The bill is currently under consideration by the Economic Development and Emerging Technologies committee.
- Related to existing legislation aimed at reducing LLC fees.
Who is affected
- Limited Liability Companies (LLCs)
- Business Owners
- Entrepreneurs
- Small Businesses
- The State of Massachusetts
Notable changes
- This bill is part of a series of legislative efforts to lower LLC fees.
- The exact fee reductions are yet to be finalized.
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
7 on record
Primary sponsor
James Arciero
Cosponsors
James Arciero
Matthew Gaudet
Patrick Joseph Kearney
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours