Introduced
by
To replace fixed registration fees on security and investment brokers and dealers, which currently range from $30 to $250, with new fees to be determined by the legislature in annual budget bills. This bill is one of many authorizing fee increases totaling some $125.5 million which Gov. Jennifer Granholm is proposing to close a gap between state spending and expected revenue in the Fiscal Year 2003-2004 budget.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one which contains specific fee increases.
The substitute passed by voice vote
Passed in the Senate 35 to 3 (details)
To increase registration fees on security and investment brokers and dealers, which currently range from $30 to $250, with new fees of between $65 and $300. This bill is one of many authorizing fee increases totaling some $125.5 million which Gov. Jennifer Granholm proposed to close a gap between state spending and expected revenue in the Fiscal Year 2003-2004 budget.
Referred to the Committee on Appropriations
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 70 to 38 (details)
To increase registration fees on security and investment brokers and dealers, which currently range from $30 to $250, with new fees of between $65 and $300. This bill is one of many authorizing fee increases totaling some $125.5 million which Gov. Jennifer Granholm proposed to close a gap between state spending and expected revenue in the Fiscal Year 2003-2004 budget.
Passed in the Senate 32 to 1 (details)
Substitute offered
To replace the previous version of the bill with one containing technical changes that do not affect its substance as previously described.
The substitute passed by voice vote
Passed in the House 64 to 38 (details)
To concur with the Senate-passed version of the bill, amended with some technical changes that do not affect its substance as previously described.