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

HB 6172 reduces the annual filing fee for certain business entities from $80 to $40 when submitting reports to the Office of the Secretary of the State. This bill directly affects small businesses that file annual reports with the state, as stated in its purpose to "assist small businesses" by lowering this cost. The key provision lowers the fee amount per year for these specific filings, without altering the reporting requirements or eligibility. The change applies to business entities covered under the statute, making compliance more affordable.