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SD 460

An Act relative to LLC filing fees

194th Legislature (2025-2026) Introduced by Patrick O'Connor

Bill modifies Massachusetts LLC filing fees to adjust business formation costs and state revenue from corporate registrations.

House concurred
0
WeVote Research Nonpartisan
Bill Summary · SD 460

Legislative bill overview

SD 460 proposes modifications to the filing fees charged by the Commonwealth of Massachusetts for Limited Liability Company (LLC) registrations and related filings. The bill was introduced by Senator Patrick O'Connor and is currently under review by the House committee on Economic Development and Emerging Technologies.

Why is this important

LLC filing fees directly affect the cost of business formation in Massachusetts, influencing entrepreneurship rates and the state's competitiveness for attracting new businesses. Changes to these fees can generate revenue for state operations or reduce barriers to business startup, depending on whether fees are increased or decreased.

Potential points of contention

  • Fee structure impact: Without the specific fee amounts proposed, there is ambiguity about whether this increases or decreases costs for entrepreneurs, potentially affecting small business formation rates
  • Revenue implications: Any fee changes affect state revenue allocated to business registration processing, raising questions about adequate funding for administrative operations
  • Competitive positioning: Massachusetts' LLC fees relative to neighboring states influence business location decisions, making the specific fee amounts critical to economic development policy

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

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