9. Analysis and supporting documents used to determine effect on small business: The proposed rule would have no significant impact on small business, as defined in s. 227.114(1), Stats. The department contemplates that the fees to be charged will be comparable to those charged for similar filings by other entities, with standard (i.e., non-expedited) fees ranging from $10 to $150 depending on the type of document and whether the partnership is domestic or foreign. The department contemplates that document fees at the high end of that range would relate to a one-time event (e.g., articles of merger or foreign registration statements), while fees for filing annual reports would be only $25 for domestic partnerships and $65 for foreign partnerships. Taking the total number of expected annual filings and the fees collected for these, the department estimates that the average annual cost for a partnership would be approximately $39. Therefore, the financial impact of this rule on small businesses is de minimis. 10. Anticipated costs incurred by private sector:
Anticipated costs incurred by the private sector are the filing of annual reports or one-time event fees as set forth in the proposed rule. Taking the total number of expected annual filings and the fees collected for these, the department estimates that the average annual cost for a partnership would be approximately $39.
11. Effect on small business:
The proposed rule will have little to no effect on small business.
12. Agency contact person: Mary Ann McCoshen, Administrator, Department of Financial Institutions, Division of Corporate and Consumer Services, PO Box 7846, Madison, WI 53707-7846, tel. 608-266-6810.
13. Place where comments are to be submitted and deadline for submission:
Comments may be submitted to the contact person shown below no later than the date on which the public hearing on this proposed rule order is conducted. Information as to the place, date and time of the public hearing will be published in the Wisconsin Administrative Register and posted to the department’s website.
By mail: Mark Schlei, Deputy Chief Legal Counsel, Department of Financial Institutions, PO Box 8861, Madison, WI 53708-8861.
By delivery: Mark Schlei, Deputy Chief Legal Counsel, Department of Financial Institution, 4822 Madison Yards Way, 4th Floor, North Tower, Madison, WI 53703.
DFI-CCS 10.04 Filing and service fees under s. 178.0120, Stats. The following fees shall apply under s. 178.0120, Stats.: (1) Annual report for a domestic limited liability partnership: $25.
(2) Annual report for a foreign limited liability partnership: $65.
(3) Articles of conversion, domestication, interest exchange or merger: $150.
(4) Certificate of status: $10.
(5) Domestic statement of qualification: $100.
(6) Foreign registration statement: $100.
(7) Foreign transfer of registration: $50.
(8) Reinstatement after revocation: $100.
(9) Renewal application: $40.
(10) Statement of amendment, cancellation, change, correction, denial, dissociation, dissolution, renewal, rescission, termination or withdrawal: $40.
(11) Statement of partnership authority: $100.
(12) Amendment or cancellation of foreign registration statement: $40.
(13) Written application for reserved name or renewal of reserved name: $15.
(14) Notice of transfer of reserved or registered name: $10.
(15) Application for registered name or renewal of registered name: $50.
(16) Domestic or foreign limited liability partnership’s statement of change of registered office: $10.
(17) Agent’s statement of change of registered office, $10 for each affected domestic limited liability partnership, except if simultaneous filings are made the fee is reduced to $1 for each affected domestic or foreign limited liability partnership in excess of 200.
(18) Agent’s statement of resignation: $10.
(19) For expedited processing of any document or document request under this section:
(a) Within 1 hour of receipt: $500.
(b) Within 4 hours of receipt: $250.
(c) By the end of the next business day: $25.
(20) In addition to any filing fee under this section, for filing in paper format a filing for which there is an online filing option: $15.
SECTION 2. EFFECTIVE DATE. This rule shall take effect on the first day of the month following publication in the Wisconsin Administrative Register as provided in s. 227.22 (2) (intro.), Stats. Department of Financial Institutions
Date: ____________________ By:_____________________________
Mary Ann McCoshen
Administrator
Department of Financial Institutions
Division of Corporate and Consumer Services
