H.B. 753                                                 VETOES

(ii) Each county and Baltimore City is exempt from the fee under
paragraph (7)(i) of this section.

(8) For processing each of the following documents on an expedited basis,
the additional fee is as indicated:

Recording any document, including financing statements .............................         $50

Certificate of statue of a corporation, partnership, limited partnership, limited

liability partnership, or limited liability company, or a name

reservation......................................................................................................          [$9]

A copy of any document recorded or filed with the Department, or a corporate

abstract..........................................................................................................          $30

(9) (I) THE FOLLOWING BUSINESS ENTITIES FORMED IN, QUALIFIED,
OR REGISTERED TO DO BUSINESS IN THIS STATE SHALL FILE AN ANNUAL REPORT
WITH THE DEPARTMENT AND, EXCEPT FOR A NONSTOCK CORPORATION, PAY THE
FEE REQUIRED BY THIS SUBSECTION:

1.      A BANK, INCLUDING A NATIONAL BANK;

2.       A BUSINESS TRUST;

3.        A CORPORATION;

4.       A CREDIT UNION;

5.       AN INSURANCE COMPANY;

6. A LIMITED LIABILITY COMPANY OR LIMITED LIABILITY
PARTNERSHIP;

7. A LIMITED PARTNERSHIP OR LIMITED LIABILITY LIMITED
PARTNERSHIP;

8. A PROFESSIONAL CORPORATION; AND

9. A SAVINGS AND LOAN ASSOCIATION.

(II) THE FEE PAID WITH THE ANNUAL REPORT IS BASED ON THE
NUMBER OF EMPLOYEES OF THE ENTITY AS OF DECEMBER 31ST OF THE YEAR
PRECEDING THE ANNUAL-REPORT;

EMPLOYEES                                                                                                           FEE

0-20                                                                                                                                                       $400

21-49 ............................................................................................................ $750

50-99 ........................................................................................................ $2,000

100-499................................................................................................... $10,000

500 AND OVER............................................................................. $20,000

(III) FROM EACH FEE PAID WITH AN ANNUAL REPORT UNDER THIS
PARAGRAPH, $2 SHALL BE CREDITED TO THE FUND ESTABLISHED UNDER § 1-203.3 OF
THIS SUBTITLE FOR THE PURPOSE OF REVIEWING, PROCESSING, AND AUDITING
ANNUAL REPORTS.

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