HOUSE DOCKET, NO. 3641        FILED ON: 1/17/2025

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The Commonwealth of Massachusetts

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PRESENTED BY:

James Arciero

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to limited liability company fees.

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PETITION OF:

HOUSE DOCKET, NO. 3641        FILED ON: 1/17/2025

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The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Fourth General Court
(2025-2026)

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An Act relative to limited liability company fees.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1           Notwithstanding any general or special law, rule or regulation to the contrary, any limited liability company (LLC) business in the commonwealth whose revenues from the prior fiscal year do not exceed $50,000 shall pay a renewal fee of $100 annually for any such year. Such LLC businesses shall pay the standard fee required by the office of the secretary of state in their first year of incorporation.