HB 1923 -- CORPORATE FILINGS

SPONSOR:  Jones (117)

COMMITTEE ACTION:  Voted "do pass" by the Special Committee on
General Laws by a vote of 6 to 0.

Beginning January 1, 2009, this bill allows a corporation to file
a corporate registration report on a biennial basis and to change
the month of its corporate registration report by designating the
desired month and paying an additional $20 fee.  Corporations
incorporated in an even-numbered year may only file a report in
an even-numbered year, and corporations incorporated in an
odd-numbered year may only file a report in odd-numbered years.
The fee for filing the biennial report will be $80 if filed in a
written format and $30 if in an electronic format.  Any
corporation filing a biennial report must maintain the
registration for two years, but may choose to file an annual
registration in subsequent years.

The Secretary of State is authorized to charge a $45 fee for a
corporate filing of the original articles of organization in an
electronic format.

FISCAL NOTE:  No impact on state funds in FY 2009, FY 2010, and
FY 2011.

PROPONENTS:  Supporters say that the bill streamlines the process
for corporate filing by removing red tape and provides the tools
and savings to help small businesses grow.  The bill promotes
convenience and efficiency in government and removes a level of
bureaucracy in the filing process.

Testifying for the bill were Representative Jones (117); Office
of the Secretary of State; St. Louis Regional Chamber and Growth
Association; National Federation of Independent Business;
Missouri Chamber of Commerce and Industry; and Greater Kansas
City Chamber of Commerce.

OPPONENTS:  There was no opposition voiced to the committee.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:11 pm