Massachusetts Secretary of State releases guidance on benefit corporations *

USA - November 9 2012
The Massachusetts Secretary of State’s Office recently released guidance for emerging companies considering incorporating as a benefit corporation, and for existing companies that may be considering a conversion to benefit corporation status.

Co-authors: Sharon C. Lincoln.

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Massachusetts nonprofit annual reports due November 1, 2012 *

USA - October 2 2012
As a reminder, Massachusetts nonprofit organizations have until November 1, 2012 to file their annual reports with the Secretary of the Commonwealth.

Co-authors: Sharon C. Lincoln.

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Federal legislation introduced to support nonprofit organizations improve energy efficiency *

USA - September 28 2012
Legislation introduced in the United States Senate would establish a program offering as much as $50 million per year to assist nonprofit organizations wishing to improve the energy efficiency of their buildings.

Co-authors: Sharon C. Lincoln.

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Massachusetts passes legislation recognizing benefit corporations *

USA - August 17 2012
Socially minded entrepreneurs and businesses in the Commonwealth now have the option to more securely advance the public-benefit focus of their activities by using a new form of corporate entity: the benefit corporation.

Co-authors: Sharon C. Lincoln.

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Legislature approves state budget; final version does not contain proposed restrictions on non-profit director and officer compensation *

USA - June 29 2012
On Thursday, June 28, the Massachusetts House and Senate each voted to approve a $32.5 billion state budget bill.

Co-authors: Sharon C. Lincoln, Kevin C. Conroy.

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