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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2015 Alabama Legislative Regular Session
  5. 2015 Alabama Senate Bills
  6. SB481 Alabama 2015 Session

SB481 Alabama 2015 Session

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In Committee

Bill Summary

Sponsors
  • Vivian Davis Figures
Session
Regular Session 2015
Title
Business entities, administrative dissolution by Secretary of State under certain conditions, fee schedule revised, Sec. 10A-1-3.51 added; Secs. 10A-1-4.31, 10A-2-16.22, 10A-8-10.01 am'd.
Description
<p class="bill_description"> Under existing law, only corporations, limited liability partnerships, and professional associations are required to file any annual reports to stay active</p><p class="bill_description"> This bill would require all filing entities and foreign filing entities to file an annual report to assist the state in determining which filing entities and foreign filing entities are active and which may need to be cancelled or revoked through an administrative dissolution process</p><p class="bill_description"> This bill would allow the Secretary of State, after proper notice, to administratively dissolve entities which are no longer active and have not complied with filing an annual report</p><p class="bill_description"> Existing law also provides a schedule of fees for annual reports for corporations, limited liability partnerships, and professional associations</p><p class="bill_description"> This bill would make the fee schedule consistent between those business entities</p><p class="bill_entitled_an_act"> Relating to business entities; to amend Sections 10A-1-4.31, 10A-2-16.22, and 10A-8-10.01, Code of Alabama 1975, to require all filing entities and foreign filing entities to file an annual report to assist the state in determining which filing entities and foreign filing entities are active and which may need to be cancelled or revoked through an administrative dissolution process; to add Division F to Article 3, Chapter 1, Title 10A, Code of Alabama 1975; to allow the Secretary of State to administratively dissolve entities which are no longer active and have not complied with filing an annual report; to require notice prior to dissolution of the business entity; to provide for a fee schedule that is consistent between the certain business entities; and to make technical changes. </p>
Subjects
Business Entities

Bill Actions

Action Date Chamber Action
June 3, 2015 S Indefinitely Postponed
May 26, 2015 S Figures motion to Carry Over to the Call of the Chair adopted Voice Vote
May 26, 2015 S Figures motion to Adopt adopted Roll Call 1198
May 26, 2015 S Figures Amendment Offered
May 26, 2015 S Figures motion to Adopt adopted Roll Call 1197
May 26, 2015 S Fiscal Responsibility and Economic Development first Substitute Offered
May 26, 2015 S Third Reading Carried Over to Call of the Chair
May 21, 2015 S Read for the second time and placed on the calendar with 1 substitute and
May 14, 2015 S Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development

Bill Calendar

Type Date Location Description
Hearing May 20, 2015 Room 727 at 15:00 Senate FR&ED Hearing
Hearing May 20, 2015 Room 727 * Revised Bill Added * at 15:00 Senate FR&ED Hearing

Bill Text

Download SB481 Alabama 2015 Session PDF

Bill Votes

Figures motion to Adopt
2015-05-26
Chamber: Senate
Result: Passed
Figures motion to Adopt
2015-05-26
Chamber: Senate
Result: Passed

Bill Documents

Type Link
Bill Text SB481 Alabama 2015 Session - Introduced
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