AN ACT REDUCING FEES FOR SMALL BUSINESS FILINGS WITH THE SECRETARY OF THE STATE.

2025 Regular Session Introduced by Tami Zawistowski

HB 6393 aims to reduce Secretary of the State filing fees for small businesses.

REF. TO JOINT COMM. ON Judiciary

#corporatefilingfees #secretaryofthestate #smallbusinesses

HB 6393 — Summary

Basic bill information

Bill number: HB 6393

Title: AN ACT REDUCING FEES FOR SMALL BUSINESS FILINGS WITH THE SECRETARY OF THE STATE

Status: Referred to the Joint Committee on Judiciary (REF. TO JOINT COMM. ON Judiciary)

Introduced: January 23, 2025

Classification / Subject: Corporate filing fees; Secretary of the State; Small Businesses

Purpose and intent

The bill, by its title, aims to reduce the filing fees charged by the Secretary of the State for small business filings. The stated intent is to lower costs for small businesses when submitting required documents to the secretary of state.

Key provisions (as far as text available)

The full text with detailed provisions is not provided in the summary. Based on the title and status, potential areas the bill would address (to be confirmed upon full text) include:

Which filings are covered (e.g., articles of organization/formation, amendments, annual reports, name reservations, foreign filings, etc.).
Definition of “small business” (thresholds by revenue, number of employees, or other criteria).
The specific fee reductions (amount or percentage) and which filing types they apply to.
Effective date(s) and any phase-in or sunset provisions.
Any transitional rules or applicability to filings filed on or after a certain date.
Any administrative or enforcement provisions necessary to implement the fee changes.

Note: The provided material does not include the bill’s text, exact fee schedules, definitions, or effective dates.

Who and what would be affected

Primary beneficiaries: Small businesses that file documents with the Secretary of the State.

Secondary effects: The Secretary of the State’s office, which would implement and administer the new fee structure; potentially state revenue from filing fees if the reductions apply broadly or are phased in over time.

Procedural and timeline considerations

Current status: Introduced January 23, 2025 and referred to the Joint Committee on Judiciary on the same day.

Next steps to watch for:

Committee hearings or work sessions in the Judiciary Committee.
Any amendments clarifying definitions (e.g., what qualifies as a “small business”) and the specific filings covered.
Floor votes in the chamber and any companion or reconciliation actions.
Any fiscal notes outlining revenue impact and administrative costs.
Potential enactment date and whether provisions include an effective date or sunset.

What to monitor

For a complete understanding, obtain the full bill text to identify:

Exact fee reductions (amounts/percentages).
Eligible filing types and the precise definition of “small business.”
Effective date, implementation timeline, and any transitional provisions.
Fiscal impact and any anticipated savings to small businesses.

If you’d like, I can organize a follow-up once the full text or fiscal notes are released, and provide a more detailed analysis of provisions and potential impacts.