Iowa 2023-2024 Regular Session

Iowa House Bill HF2446

Introduced
2/12/24  
Engrossed
2/19/24  
Introduced
2/12/24  
Refer
2/20/24  
Engrossed
2/19/24  

Caption

A bill for an act providing for certain business entities by establishing a military service filing fee waiver, and including effective date provisions.(Formerly HSB 632.)

Impact

The implications of this legislation are twofold. First, it assists military personnel and veterans in starting or maintaining their businesses without the burden of certain fees, promoting economic growth and entrepreneurship among service members. Second, the waiver applies to specific documents such as articles of incorporation and amendments, which are crucial for legal operations of businesses. This allows military-affiliated individuals to focus their resources on business development rather than administrative costs.

Summary

House File 2446 establishes a military service filing fee waiver specifically for certain business entities in Iowa. The bill permits qualified business entities, such as domestic and foreign limited partnerships, limited liability companies, corporations, and nonprofits, to request waivers for certain filing fees associated with select documents. This is a significant step towards recognizing the contributions of veterans and current military personnel by alleviating some of the bureaucratic costs involved in business operations.

Contention

While the bill has received broad support within the legislative assembly, there is an ongoing discussion regarding the potential for inequity among businesses led by non-military individuals. Critics may argue that this legislation could unintentionally create a disparity in the business operational landscape, favoring those that are military-affiliated over others. Nonetheless, the prevailing sentiment is that this initiative provides necessary support to those who serve the country, reflecting a commitment to honor their service through economic opportunities.

Effective_date

The provisions of this bill will take effect on January 1, 2025, allowing sufficient time for businesses and government agencies to prepare for the implementation of the fee waiver process.

Companion Bills

IA HSB632

Related A bill for an act providing for certain business entities by establishing a military service filing fee waiver, and including effective date provisions.(See HF 2446.)

Similar Bills

IA HSB632

A bill for an act providing for certain business entities by establishing a military service filing fee waiver, and including effective date provisions.(See HF 2446.)

IA HF2505

A bill for an act relating to state services and benefits provided to veterans, including state grants, public assistance programs, business fee waivers, substance use disorder programs, mental health and disability services, undergraduate tuition and fees, disabled veteran tax credits, department of natural resources' licenses and fees, civil litigation priority, vehicle registration fees, and driver's licenses, making penalties applicable, making appropriations, and including effective date provisions.

IA HF912

A bill for an act relating to state services and benefits provided to veterans, including state grants, public assistance programs, business fee waivers, substance use disorder programs, mental health and disability services, undergraduate tuition and fees, disabled veteran tax credits, department of natural resources' licenses and fees, permit to carry weapons fees, vehicle registration fees, and driver's licenses, making penalties applicable, making appropriations, and including effective date provisions.(Formerly HF 469.)

IA HF469

A bill for an act relating to state services and benefits provided to veterans, including state grants, public assistance programs, business fee waivers, substance use disorder programs, mental health and disability services, undergraduate tuition and fees, disabled veteran tax credits, department of natural resources' licenses and fees, civil litigation priority, permit to carry weapons fees, vehicle registration fees, and driver's licenses, making penalties applicable, making appropriations, and including effective date provisions.(See HF 912.)

CA AB2549

Department of Consumer Affairs: temporary licenses.

CO SB012

Versions Of The Colorado Constitution

CA AB107

Licensure: veterans and military spouses.

NC H250

Annual Rep't Due Date/Deployed Servicemembers