Staff Analysis of the Legislation
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This legislation increases the filing fee to register a trade name from $15.00 to $20.00. It creates a new fee to cancel a trade name registration of $22.00 and creates a new fee to re-registering an existing trade name of $20.00. The bill also requires $5.00 of the fee to be paid to the Superior Court Clerk's Cooperative Authority to fund the creation and maintenance of the Statewide Registry of Trade Names. On January 1, 2020, the fees will be reducted by $5.00 and the funding of the Statewide Registry of Trade Names will be discontinued. |