AN ACT REDUCING THE FILING FEE FOR ANNUAL REPORTS FILED BY LIMITED PARTNERSHIPS, LIMITED LIABILITY COMPANIES AND LIMITED LIABILITY PARTNERSHIPS.

HB 5180 reduces the annual filing fee for three business structures from $80 to $20: limited partnerships, limited liability companies (LLCs), and limited liability partnerships (LLPs). This change applies directly to these businesses when they submit their required annual reports to the state. The bill amends specific statutes (34-38, 34-243u, and 34-413) to implement the fee reduction. The policy change simplifies compliance costs for these business entities without altering their operational requirements.