WeVote
Log In

Bill

Bill

S 3689

Allows certain limited liability companies to terminate alternate names before end of five-year registration period.*

2024-2025 Regular Session Introduced by Joe Lagana and 1 co-sponsor

New Jersey bill allows limited liability companies to terminate alternate business name registrations early, before the standard five-year term expires.

Senate Amendment (Voice) (Ruiz)
#corporations
0
WeVote Research Nonpartisan
Bill Summary · S 3689

Legislative bill overview

S 3689 permits certain limited liability companies (LLCs) in New Jersey to terminate their alternate names prior to the standard five-year registration expiration period. The bill was amended in the Senate and has progressed through committee review, suggesting it addresses a procedural gap in state business registration law.

Why is this important

This bill affects LLC operators who may have registered alternate names (also known as "doing business as" or DBA names) but no longer need them before the five-year term ends. Allowing early termination reduces unnecessary ongoing registration fees and administrative burden for small business owners, while clarifying state registration procedures.

Potential points of contention

  • Scope limitations: The bill's restriction to "certain" LLCs raises questions about which entities qualify and why others are excluded, potentially creating fairness concerns
  • Revenue impact: Early termination of registrations reduces state filing fee revenue that the Division of Revenue may depend on for operations
  • Administrative clarity: The amendments suggest unresolved questions about implementation details, such as refund eligibility, effective dates, and notification procedures for early termination

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

Sign in to ask a question.