AN ACT REDUCING FILING FEES INCURRED BY CERTAIN BUSINESS ENTITIES FOR FILING ANNUAL REPORTS WITH THE OFFICE OF THE SECRETARY OF THE STATE.

HB 5332 reduces annual filing fees for specific business types from $80 to $20 when submitting reports to the Secretary of the State. It directly affects limited partnerships, limited liability companies (LLCs), and limited liability partnerships (LLPs) that must file annual reports. The bill amends three sections of state law (34-38n, 34-243u, and 34-413) to implement this fee reduction. This change lowers costs for these businesses without altering their reporting requirements or creating new obligations.