Bills · 2015-2016 Regular Session

AB 732

Died at session end Official bill text Atom feed

Relating to: the fee for filing limited liability company articles of organization with the Department of Financial Institutions. (FE)

Corporation Financial institutions, department of Technical college University of wisconsin University of wisconsin — Two year campus

Introduced, stopped here
Passes Assembly, not reached
Passes Senate, not reached
Governor signs, not reached
Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill creates, for student entrepreneurs, a one-year exemption to the $130

initial filing fee for articles of organization to form a limited liability company. The

fee exemption is available to students enrolled in four-year institutions and

two-year colleges in the University of Wisconsin System, as well those enrolled in

the University of Wisconsin-Extension and in technical colleges in this state. The

exemption is available to these students who form a limited liability company as a

business start-up in a field related to engineering, computer science, alternative

energy research, biology, chemistry, physics, or other life science or physical science.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Fiscal Estimate From DFI

Votes

Assembly: Report Assembly Substitute Amendment 1 adoption recommended by Committee on Small Business Development, Ayes 11, Noes 0

Passed 11–0 Feb 12, 2016 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Assembly: Report passage as amended recommended by Committee on Small Business Development, Ayes 14, Noes 1

Passed 14–1 Feb 12, 2016 official source full page