2023 Regular Session HB 2053

• At the request of: (at the request of House Interim Committee on Business and Labor for John Huddle)
• Bill Title: Relating to violations of a requirement to register assumed business names; prescribing an effective date.

Catchline/Summary

Provides that person that carries on, conducts or transacts business in county of this state under assumed business name that person has not registered or for which person does not maintain registration lacks standing in courts of this state to maintain action on behalf of business. Provides that court shall dismiss action without prejudice.

Permits Secretary of State to investigate violations of registration requirement. Directs Secretary of State to investigate complaints that allege ascertainable loss of money or property as result of violation. Permits Secretary of State to impose civil penalty of not more than $100 for each day of violation. Specifies use to which Secretary of State shall dedicate proceeds of civil penalties.

Takes effect on 91st day following adjournment sine die.

• Fiscal Impact: Fiscal Impact Issued
• Revenue Impact: Has Minimal Revenue Impact
• Current Location: In Senate Committee
• Current Committee: Senate Committee On Labor and Business