WeVote

Bill

Bill

HB 4546

Require biennial reports for limited liability and foreign limited liability companies.

2026 Regular Session Introduced by Vernon Criss

HB 4546 shifts West Virginia LLC reporting requirements from annual to biennial filings, reducing compliance frequency for limited liability companies and foreign LLCs.

To House Judiciary
0
WeVote Research Nonpartisan
Bill Summary · HB 4546

Legislative bill overview

HB 4546 would require limited liability companies (LLCs) and foreign LLCs operating in West Virginia to file biennial (every two years) reports with the state. This replaces what may be current annual reporting requirements or establishes a new reporting cadence for business entities to maintain their good standing and registration status.

Why is this important

Biennial reporting affects business compliance costs and administrative burden for thousands of LLCs in West Virginia. The change impacts when companies must update their information with the state, potentially reducing filing frequency and associated fees, or conversely, extending reporting intervals that could affect state revenue and business registration oversight.

Potential points of contention

  • Compliance and accountability: Less frequent reporting (every two years vs. annually) may reduce state oversight of business operations and make it harder to track inactive or problematic entities
  • Revenue impact: If fees accompany filings, shifting to biennial reports could reduce state revenue from business registration and administrative fees
  • Small business relief vs. transparency trade-off: While biennial filing reduces compliance burden on businesses, it may decrease information currency and public access to updated business status and ownership details

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

Sign in to ask a question.