Bill Text: CT HB05721 | 2011 | General Assembly | Introduced
Bill Title: An Act Modifying Annual Reporting Fees Paid To The Secretary Of The State.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-02-14 - Change of Reference Judiciary [HB05721 Detail]
Download: Connecticut-2011-HB05721-Introduced.html
General Assembly |
Proposed Bill No. 5721 |
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January Session, 2011 |
LCO No. 1052 | ||||
Referred to Committee on Government Administration and Elections |
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Introduced by: |
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REP. REYNOLDS, 42nd Dist. |
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AN ACT MODIFYING ANNUAL REPORTING FEES PAID TO THE SECRETARY OF THE STATE.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 33-1243 of the general statutes be amended to reduce the annual reporting fee paid to the Secretary of the State by not for profits with a total annual revenue of less than one hundred thousand dollars from fifty dollars to ten dollars, and to increase the annual reporting fee paid by corporations with a total annual revenue greater than five million dollars to a level that will mitigate the loss of revenue from reducing the fee for not for profits.
Statement of Purpose:
To reduce the burden on small not for profits by reducing the annual reporting fee paid to the Secretary of the State.