An Act Reducing The Filing Fee For Annual Reports Filed By Limited Partnerships, Limited Liability Companies And Limited Liability Partnerships.
Summary
HB 5180 would lower the annual report filing fee for three types of business entities in Connecticut: limited partnerships (LPs), limited liability companies (LLCs), and limited liability partnerships (LLPs). The bill amends sections 34-38, 34-243u, and 34-413 of the general statutes to reduce the fee from $80 to $20 for annual reports filed by those entities.
In practical terms, the measure is a business cost reduction aimed at entities that must file annual reports with the state. It would directly affect the Secretary of the State’s business filing system and reduce the amount paid by affected partnerships and companies each year.
Impact
The bill would amend existing Connecticut statutes governing annual report filings for LPs, LLCs, and LLPs by changing the statutory filing fee from $80 to $20. This would reduce state fee revenue from these filings while lowering compliance costs for affected business entities and their owners. The change would apply to annual report filings under the referenced sections of the general statutes.
Sentiment
No committee transcript or vote record was provided, so there is no direct evidence of debate, support, or opposition in the available materials. Based on the text alone, the bill appears to be a straightforward pro-business fee reduction with a limited and targeted fiscal impact.
Contention
The only likely point of contention is fiscal: supporters would likely emphasize reduced costs for small and mid-sized businesses, while opponents or fiscal watchdogs could object to the loss of state revenue or question whether the fee reduction is necessary. Because no discussion or voting history is available, no specific legislator, committee member, or stakeholder position can be identified from the record provided.