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2013 House Bill 4527: Authorize “business benefit corporations”
Introduced by Rep. Wayne Schmidt (R) on April 10, 2013
To authorize the incorporation of a new type of business organization called a “business benefit corporation” that is explicitly authorized to perform service and money-disbursing actions typical of non-profit charities in addition to profit-seeking business operations.   Official Text and Analysis.
Referred to the House Commerce Committee on April 10, 2013