2021 -- H 6374 | |
======== | |
LC002899 | |
======== | |
STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2021 | |
____________ | |
A N A C T | |
RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS -- | |
CORPORATIONS - GENERAL PROVISIONS | |
| |
Introduced By: Representatives Casimiro, Noret, McEntee, Ackerman, Alzate, Fenton- | |
Date Introduced: May 28, 2021 | |
Referred To: House Corporations | |
(Secretary of State) | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Chapter 7-1 of the General Laws entitled "Corporations - General Provisions" |
2 | is hereby amended by adding thereto the following section: |
3 | 7-1-27. State of emergency. |
4 | If a state of emergency declared in this or any other state or by the federal government |
5 | renders substantial compliance with the provisions of title 7 impossible or unreasonable, the |
6 | secretary of state may promulgate emergency rules and regulations to modify filing procedures and |
7 | waive or compromise fees and/or penalty fees. |
8 | SECTION 2. Chapter 44-11 of the General Laws entitled "Business Corporation Tax" is |
9 | hereby amended by adding thereto the following section: |
10 | 44-11-2.5. State of emergency. |
11 | If a state of emergency declared in this or any other state or by the federal government |
12 | renders substantial compliance with the provisions of ยง 44-11-2(e) impossible or unreasonable, the |
13 | tax administrator may promulgate emergency rules and regulations to modify filing procedures and |
14 | waive or compromise minimum corporate taxes. |
15 | SECTION 3. This act shall take effect upon passage. |
======== | |
LC002899 | |
======== | |
| |
EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS -- | |
CORPORATIONS - GENERAL PROVISIONS | |
*** | |
1 | This act would allow the secretary of state and tax administrator to promulgate emergency |
2 | rules and regulations related to filing procedures, minimum corporate taxes, and fees and/or |
3 | penalties, during a declared state of emergency. |
4 | This act would take effect upon passage. |
======== | |
LC002899 | |
======== | |
| LC002899 - Page 2 of 2 |