Business entities: Secretary of State: reporting requirements.
- Requires all business entities to submit detailed operational information to the Secretary of State.
- Mandates certification of business information under penalty of perjury to ensure accuracy.
- Requires entities to report authorized representatives, tax IDs, and formation details with notarized forms.
Assembly Member Davies proposes new reporting requirements for California business entities through legislation that would mandate detailed disclosures to the Secretary of State. The measure establishes reporting obligations for corporations, partnerships, limited liability companies, and trusts operating in California, requiring these entities to submit certified information about their formation, authorized representatives, and tax identification details.
Under the proposed framework, qualified entities must provide comprehensive documentation including the names, titles, and contact information of all authorized representatives, along with verification of their formation date and good standing status. The legislation requires this information to be certified under penalty of perjury and notarized, creating legal accountability for the accuracy of submissions. The Secretary of State would determine the specific format and submission procedures for these reports.
The measure creates a state-mandated local program by expanding perjury provisions, though it explicitly states that no state reimbursement to local agencies will be required. This determination stems from the bill's classification as legislation that modifies crime definitions or penalties under California's constitutional framework for state mandates.
This bill was recently introduced. Email the authors to let them know what you think about it.
Introduced By
Latest Voting History
 Laurie DaviesR Assembly Member | Bill Author |  Not Contacted |
- Requires all business entities to submit detailed operational information to the Secretary of State.
- Mandates certification of business information under penalty of perjury to ensure accuracy.
- Requires entities to report authorized representatives, tax IDs, and formation details with notarized forms.
This bill was recently introduced. Email the authors to let them know what you think about it.
Introduced By
Assembly Member Davies proposes new reporting requirements for California business entities through legislation that would mandate detailed disclosures to the Secretary of State. The measure establishes reporting obligations for corporations, partnerships, limited liability companies, and trusts operating in California, requiring these entities to submit certified information about their formation, authorized representatives, and tax identification details.
Under the proposed framework, qualified entities must provide comprehensive documentation including the names, titles, and contact information of all authorized representatives, along with verification of their formation date and good standing status. The legislation requires this information to be certified under penalty of perjury and notarized, creating legal accountability for the accuracy of submissions. The Secretary of State would determine the specific format and submission procedures for these reports.
The measure creates a state-mandated local program by expanding perjury provisions, though it explicitly states that no state reimbursement to local agencies will be required. This determination stems from the bill's classification as legislation that modifies crime definitions or penalties under California's constitutional framework for state mandates.
Latest Voting History
Laurie DaviesR Assembly Member | Bill Author | Not Contacted |