HB0098 CR 4.9.2025 COM — Senate Committee Report

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STATE OF NEW HAMPSHIRE

 

SENATE

 

REPORT OF THE COMMITTEE

FOR THE CONSENT CALENDAR

 

Wednesday, April 9, 2025

 

THE COMMITTEE ON Commerce

 

to which was referred HB 98

 

AN ACT relative to professional limited liability company (PLLC) assistant manager status.

 

 

Having considered the same, the committee recommends that the Bill

 

OUGHT TO PASS

 

BY A VOTE OF: 5-0

 

 

 

 

Senator Donovan Fenton

For the Committee

 

This bill would permit a single-member professional limited liability company (PLLC) to designate an assistant manager, who is not a qualified person, to manage the PLLC in the case of the death, incapacity, or disqualification of the manager. Currently, if there is no manager available, a non-official alliance is formed with an individual within the profession to help dissolve the organization. This bill would allow the assistant manager to only operate in a corporate capacity for one year, and they could not provide professional services.

 

Aaron Jones  271-2609

 

FOR THE CONSENT CALENDAR

 

Commerce

HB 98, relative to professional limited liability company (PLLC) assistant manager status.

Ought to Pass, Vote 5-0.

Senator Donovan Fenton for the committee.

This bill would permit a single-member professional limited liability company (PLLC) to designate an assistant manager, who is not a qualified person, to manage the PLLC in the case of the death, incapacity, or disqualification of the manager. Currently, if there is no manager available, a non-official alliance is formed with an individual within the profession to help dissolve the organization. This bill would allow the assistant manager to only operate in a corporate capacity for one year, and they could not provide professional services.