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DE HB156

Bill

Status

Introduced

6/2/2011

Primary Sponsor

Gregory Lavelle

Click for details

Origin

House of Representatives

146th General Assembly

AI Summary

  • Reduces Delaware Secretary of State filing fees across multiple business entity types, including corporations, limited liability companies, limited partnerships, and general partnerships, with reductions ranging from $20 to $150 per fee.

  • Lowers expedited service fees for document completion, with charges of up to $50 for 24-hour service, up to $100 for same-day service, up to $200 for 2-hour service, and up to $1,000 for 1-hour service.

  • Reduces the corporate franchise tax cap from $180,000 to $165,000 and the minimum from $90,000 to $75,000 under Title 8, Delaware Code.

  • Lowers various fees for UCC filings, name reservations, and other Secretary of State services related to business entities under Titles 6, 12, and 29.

  • Effective date: January 1, 2012.

Legislative Description

An Act To Amend Title 6, Title 8, Title 12, And Title 29 Of The Delaware Code Relating To Various Fees And Taxes Charged By The Secretary Of State.

Last Action

Introduced and Assigned to Revenue & Finance Committee in House

6/2/2011

Committee Referrals

Revenue & Finance6/2/2011

Full Bill Text

No bill text available