Bill Title: Amends the Limited Liability Company Act. Provides that the Secretary of State shall reduce the amount of any fee imposed under the Act by 50% if a majority of the membership interests in the domestic or foreign limited liability company responsible for paying the fee are, and the domestic or foreign limited liability company provides proof satisfactory to the Secretary of State that those interests are, held by one or more honorably discharged veterans of the armed forces of the United States. Provides that the Secretary of State shall adopt any rules necessary to implement this provision.

Spectrum: Slight Partisan Bill (Democrat 11-7)

Status: (Introduced - Dead) 2016-09-02 - Chief Sponsor Changed to Rep. David A. Welter [HB0171 Detail]

Text: Latest bill text (Introduced) [HTML]

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