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    INTRODUCTION

    ## Legislative bill overview

    This bill aims to support small businesses in their first year by waiving the annual filing fee. It also allocates portions of the annual filing fees paid by businesses to support child care programs.

    Specifically, it waives the filing fee in the first year for new businesses, and allocates 25% of fees to the Child Care Scholarship Program and 25% to the Growing Family Child Care Opportunities Pilot Program.

    ## Why is this important

    Supporting small businesses, especially in their critical early years, can help drive economic growth and job creation. Funding child care programs can help working families access affordable care, supporting broader workforce participation.

    ## Potential points of contention


    • Loss of filing fee revenue from new businesses could impact state budgets

    • Businesses may argue fees should not fund unrelated programs like child care

    • Appropriateness of allocating set percentages vs. determinations each budget cycle

    STATUS

    11 months ago -

    Introduced

    Thanks!