Recommends a statewide business court, reduces filing fees, and mandates tax refunds for new corporations.

The bill recommends the Supreme Court establish a statewide business court to handle disputes. It reduces the filing fee for articles of incorporation from $35 to $0.99. Additionally, it creates a provision for new corporations to receive a tax refund in their third taxable year for taxes paid in their first year. The changes take effect July 1, 2026.

Recommends a statewide business court, reduces filing fees, and mandates tax refunds for new corporations.

The bill recommends the Supreme Court establish a statewide business court to handle disputes. It reduces the filing fee for articles of incorporation from $35 to $0.99. Additionally, it creates a provision for new corporations to receive a tax refund in their third taxable year for taxes paid in their first year. The changes take effect July 1, 2026.