127th MAINE LEGISLATURE
LD 1425 LR 2016(01)
An Act To Amend the Laws Relating to Corporations and Limited Partnerships
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Hobbins of Saco
Committee: Judiciary
Fiscal Note Required: No
             
Preliminary Fiscal Impact Statement
Minor revenue increase - General Fund
Fiscal Detail and Notes
This legislation allows a nonprofit to apply for reinstatement more than 6 years after being administratively dissolved for a fee of $25 per annual report not filed up to a maximum of $150.  These fees would increase General Fund revenue by a minor amount not requiring any change to the budget.