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MI HB4996
Bill
Status
10/3/2023
Primary Sponsor
Phil Skaggs
Click for details
AI Summary
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Reduces the filing fee for annual reports under section 911 from $20.00 to $10.00, effective October 1, 2027; maintains the $20.00 fee until September 30, 2027.
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Waives the initial articles of incorporation filing fee for nonprofit corporations where a majority of initial members, directors, or shareholders are veterans with honorable discharge from the U.S. Armed Forces.
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Requires veterans seeking fee waivers to submit a signed affidavit and copies of form DD214 or DD215 (or equivalent documentation) for each qualifying veteran.
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Takes effect immediately upon approval on September 29, 2023.
Legislative Description
Businesses: nonprofit corporations; annual report fees under the nonprofit corporation act; modify. Amends sec. 1060 of 1982 PA 162 (MCL 450.3060).
State agencies (existing): licensing and regulatory affairs
Last Action
Assigned Pa 134'23 With Immediate Effect
10/3/2023