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Summary: HB 1581 would require a business to certify with the county clerk in every county where the proper name is registered, the assumed name that it uses.
Analysis: HB 1581 would add to the information a business is required to file with the county clerk in counties where their proper name is registered. While this is a slight increase in regulation, it is intended to close a loophole in the law that allows a business to register under one name and operate under another so that it is more difficult to initiate legal proceedings against that business. Businesses should not be able to use a loophole to skirt the law or obfuscate their identity in order to avoid responsibility for their actions. Allowing the loophole to remain open creates a competitive disadvantage for businesses that follow the intent of the law. We support HB 1581.