Budget Amendment ID: FY2013-S4-272

ECO 272

Start-up Small Businesses and Limited Liability Companies

Ms. Spilka moved that the proposed new text be amended by inserting at the end thereof the following new section:-

SECTION XXX: Section 12 of Chapter 156C of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by striking out subsection (d) and inserting in place thereof, the following subsection:-

“(d) The fee for filing of the certificate of organization required by subsection (a) shall be $500; provided however, that the fee for filing of said certificate of organization shall be $250 for a business that has 10 employees or less. The fee for the filing of the annual report required by subsection (c) shall be $500; provided however, that the fee for filing of said annual report shall be $50 for the first two annual reports that a business files after filing its initial certificate of organization.  Such fees shall be paid to the state secretary at the time the certificate of organization or the annual report is filed.”