Act 122 of 2022 takes effect on January 1, 2025.  On Nov. 3, 2022, Governor Wolf signed into law Act 122 of 2022, which created an annual report requirement (like that imposed by most states) for domestic and foreign business filing associations. The long-time decennial report requirement for these associations has been repealed.  

The annual report must include the following:

• Business name
• Jurisdiction of formation
• Registered office address
• Name of at least one governor (director, member, partner, etc. depending on type of association)
• Names and titles of the principal officers, if any
• Address of the principal office
• Entity number issued by the Pennsylvania Department of State

Your filing window is based on your entity type:
• Corporations: Jan. 1 - June 30
• Limited Liability Companies: Jan. 1 - Sept. 30
• All Others: Jan. 1 - Dec. 31

The new annual report filing is required for:

• Domestic business corporations
• Domestic nonprofit corporations
• Domestic limited liability (general) partnerships
• Domestic electing partnerships that are not limited partnerships
• Domestic limited partnerships (including limited liability limited partnerships)
• Domestic limited liability companies
• Domestic professional associations
• Domestic business trusts
• All registered foreign associations

The annual report requirement begins in calendar year 2025. Similar again to other states, failure to file the annual report will subject the association to administrative dissolution/termination/cancellation and loss of the protection of its name.