Relating to registration requirements for persons engaging in business in this state; declaring an emergency.
Catchline/Summary:
Permits person to request Secretary of State to verify whether another person that is engaged in business in this state is registered with Secretary of State as provided under applicable law. Permits person to request Secretary of State to verify whether another person that is engaged in business in this state is registered with Secretary of State as provided under applicable law. Requires Secretary of State to investigate person's business and verify if person is registered. Provides that if Secretary of State finds that person is not registered as required, Secretary of State shall notify person of requirement to register and specify date for compliance. Provides that Secretary of State shall charge fee of $50 for registration in addition to applicable filing fees.
Provides that Secretary of State shall impose civil penalty of $1,000 on person that fails to register by specified date and additional civil penalty of $1,000 for each 90-day period after date of initial penalty during which person continues to engage in business without registering.
Becomes operative 91 days after effective date of Act.
Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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SB 283 Senate Committee On Rules
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