The bill outlines a provision for New England Racing Fuel, Inc., which was qualified on June 21, 1982, to restore its corporate charter that had been previously revoked. To achieve this, the corporation must fulfill certain conditions by December 31, 2024. These conditions include filing any required corporation tax returns, paying all due taxes to the state, and submitting a certificate from the tax administrator confirming these actions. Additionally, the corporation must file all necessary reports and pay any fees required by the secretary of state.
Upon meeting these requirements, the revocation of New England Racing Fuel, Inc.'s charter will be vacated. Consequently, the corporation will regain all privileges, benefits, and powers, and will also be subject to the same duties and liabilities as if the revocation had never occurred. The bill will become effective immediately upon passage. There are no insertions or deletions marked in the provided text of the bill.