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.
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.