SB 93 – Waives Secretary of State fees for new businesses and requires business licenses to be issued within sixty days

• Sponsor: Kraus
• LR Number: 0676S.02I
• Committee: Commerce, Consumer Protection, Energy and the Environment
• Last Action: 3/8/2011 - Hearing Conducted S Commerce, Consumer Protection, Energy and the Environment Committee
• Effective Date: August 28, 2011

Current Bill Summary

SB 93 - All fees that new businesses are required to pay the Secretary of State to begin operating shall be waived for the first year of operation as long as the new business employs at least 10 employees.

Political subdivisions shall not take more than 60 days to issue business permits, licenses, or other certification required for businesses to begin operating. If at the end of that period, the political subdivision determines that the business has not adhered to the requirements for the respective issuance, the political subdivision shall notify the applying entity in writing explaining the deficiency.

CHRIS HOGERTY