WeVote
Log In

Bill

Bill

HD 4637

A communication from the Office of the Secretary of the Commonwealth (see item 0511-0002 of Section 2 of Chapter 140 of the Acts of 2024) submitting a report relative to the Corporations Division dissolution program for fiscal year 2025

194th Legislature (2025-2026)

Requires Secretary of Commonwealth to report on Corporations Division dissolution activities and outcomes for fiscal year 2025 to the Massachusetts legislature.

Placed on file
0
WeVote Research Nonpartisan
Bill Summary · HD 4637

Legislative bill overview

HD 4637 is a filing requirement rather than substantive legislation. It directs the Office of the Secretary of the Commonwealth to submit a report to the legislature regarding the Corporations Division's dissolution program for fiscal year 2025, as mandated by prior legislative authorization (Chapter 140 of the Acts of 2024).

Why is this important

The Corporations Division dissolution program addresses inactive or non-compliant business entities that are formally dissolved. Regular reporting on this program helps the legislature monitor regulatory effectiveness, revenue collection from dissolution fees, and the administrative burden of managing the state's business registry.

Potential points of contention

  • Report content gaps: The bill doesn't specify what metrics the report must include (number of dissolutions, revenue generated, processing times, etc.), potentially limiting oversight value
  • Limited transparency mechanism: As a mere filing requirement, there's no requirement for public accessibility or legislative action based on findings
  • Administrative burden vs. benefit: The cost of compiling and submitting reports may exceed the practical legislative value if findings don't drive policy changes

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.