REVISED LIMITED LIABILITY CO. FILING FEESRevise Limited Liability Companies filing fees

 

House Bill 5258

Sponsor:  Rep.Richard Hammel

Committee:  Appropriations

Complete toSeptember 24, 20079-24-07

 

A SUMMARY OF HOUSE BILL 5258 AS INTRODUCEDSeptember 20, 20079-20-07

This bill eliminates the sunset provision for limited liability companyies filing fees, which areotherwise due to expire on October 1, 2007. This bill also allows the Department of Labor and Economic Growth to revise the fees using the administrative rule process.  The bill would amend the Michigan Limited Liability Company Act (MCL 450.5101).

FISCAL IMPACT:

 

This bill would have the short-term effect of maintaining this state restricted revenue at approximately the current year level.

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                                           Legislative Analyst:  

                                                                                                  Fiscal Analyst:   Richard Child

This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.