How SB 267 changes current law

Relating to: the fee for filing limited liability company articles of organization with the Department of Financial Institutions. (FE) · Wisconsin

How this bill changes current law

1 change

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill expands the definition of 'student entrepreneur' to include students enrolled in high school or homeschooled, allowing more individuals to file LLC articles of organization without a fee.

  • Wis. Stat. § 183.0122(2)(d)1.a.

    The student is enrolled in a postsecondary institution in this state, → The student is enrolled in a postsecondary institution in this state, in a public, private, or tribal high school in this state, or in a home-based private educational program, as defined in s. 115.001 (3g).

    This change allows high school and homeschooled students to qualify as 'student entrepreneurs' and avoid fees for forming LLCs.

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