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FISCAL NOTE
House Bill 230
Committee: Fiscal Responsibility and
Economic Development
Sponsor: Representative Margie Wilcox
Analyst: Hunter Lapp Date: 04/02/2024
House Bill 230 as passed the House of Representatives would reduce receipts to the State
General Fund and the Secretary of State Corporations Fund by an estimated maximum of
$560,000 and $240,000, annually, respectively, beginning in Fiscal Year 2025, by repealing the
requirement for certain corporations to file an annual report and pay the associated $10 filing
fee.
This bill would also reduce the administrative obligations of the Secretary of State to no longer
collect and maintain these reports.