Arkansas — Senate Bill 148, effective July 25, 2019, amends the Small Business Entity Tax Pass-Through Act regarding judgment creditor liens.
Arkansas — House Bill 1430, effective July 25, 2019, amends the nonprofit corporation and LLC laws with certain clarifying revisions concerning references to administrative rules.
Alabama — House Bill 582, effective June 10, 2019, authorizes a municipality to create an electronic process for the processing and recordation of business license renewals.
Illinois — Senate Bill 689, which was signed by Illinois’ Governor Pritzker on June 5, provides for the phase out of Illinois’ franchise tax on domestic and foreign corporations. Currently, Sec. 15.35 of the Illinois Business Corporation Act imposes a franchise tax on domestic corporations for the privilege of exercising their franchise and Sec.
Louisiana — House Bill 297, effective May 28, 2019, amends Louisiana law regarding the Secretary of State’s authority to prescribe and furnish forms.
Alabama — House Bill 251, signed by the governor May 29, 2019 but effective retroactively to January 1, 2019, amends the law governing corporations regarding inspection of records by governing persons and the law governing partnerships regarding continuation of existence with one or no partners and with the duty not to compete.
Florida — The Florida Department of State has created a website called “Mind Your Sunbizness” with helpful reminders to business owners of some of the many things they need to keep track of and do including filing their annual report and any amendments they need to make, and monitoring and verifying entity records. It also includes a link to a business identity theft resource guide with useful information about identifying and preventing business identity theft.
Wyoming — House Bill 236, effective July 1, 2019, enacts the Statutory Foundation Act, creating statutory foundations as a new form of entity.
Montana — House Bill 65, effective July 1, 2019, amends the insurance law to provide that a foreign or alien insurer that transacts any business in Montana must have a registered agent upon whom any legal process, notice, or demand required or permitted by law to be served upon a company must be served. The agent must reside or maintain a business address in Montana.