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Jurisdictional Updates 10-5-2023

Michigan – Modified Annual Statement Fees Effective September 30, 2027

House Bill 4995 (Public Act 133) signed by the governor and effective September 29 modifies annual statement fees under the Limited Liability Companies Act.  A filing fee reduction from $25.00 to $15.00 was scheduled to take effect September 30, 2023, and this reduction was changed to become effective September 30, 2027.  The bill text can be accessed here.

House Bill 4996 (Public Act 134) signed by the governor and effective September 29 modifies annual statement fees under the Nonprofit Corporations. A filing fee reduction from $20.00 to $10.00 was scheduled to take effect September 30, 2023, and this reduction was changed to become effective September 30, 2027.  The bill text can be accessed here.

House Bill 4997 (Public Act 135) signed by the governor and effective September 29 modifies annual statement fees under the Business Corporations Act.  A filing fee reduction from $25.00 to $15.00 was scheduled to take effect September 30, 2023, and this reduction was changed to become effective September 30, 2027.  The bill text can be accessed here.