SENATE BILL REPORT

                                    HB 1853

           AS REPORTED BY COMMITTEE ON WAYS & MEANS, MARCH 28, 1991

Brief Description:  Increasing fees for nonprofit corporation filings.

SPONSORS:Representatives Wang and Holland; by request of Office of Financial Management and Secretary of State.

HOUSE COMMITTEE ON REVENUE

SENATE COMMITTEE ON WAYS & MEANS

Majority Report:  Do pass as amended.

      Signed by Senators McDonald, Chairman; Craswell, Vice Chairman; Bailey, Bauer, Bluechel, Gaspard, Johnson, L. Kreidler, Murray, Newhouse, Niemi, Saling, Talmadge, West, Williams, and Wojahn. 

Staff:  Steve Jones (786‑7715)

Hearing Dates:March 27, 1991; March 28, 1991

BACKGROUND:

Nonprofit corporations are required to file articles of incorporation and other documents with the Secretary of State.  A statutory fee is required for each filing.  The amount of the typical fee ranges from $5 to $20.

SUMMARY:

The statutory filing fees for nonprofit corporations are increased to a range from $10 to $30.  Documents for which the filing fee are increased include articles of incorporation, annual reports, articles of merger and consolidation, and certificates of authority for foreign corporations.

Appropriation:  none

Revenue:  yes

Fiscal Note:  available

Effective Date:  July 1, 1991

SUMMARY OF PROPOSED SENATE AMENDMENT:

The fee for an application for reinstatement is increased from $25 to $30.  Other technical changes are made.  The remainder of the fee increases are unchanged.

TESTIMONY FOR:

The filing fees for nonprofit corporations have not been changed for many years, and the bill is a needed update.

TESTIMONY AGAINST:  None

TESTIFIED:  Representative Art Wang, prime sponsor