2012 Senate Bill 1258 ↩

House Roll Call 555: Passed

To increase annual registration fees imposed on stock brokers and advisors. This is one a number of bills increasing fees on a wide range of businesses and occupations in which registration or licensure mandates are imposed as a condition of operating the firm or earning a living in the profession. The bills technically repeal the sunsets of previously enacted “temporary” fee increase laws, and are related to the budget for the next fiscal year. According to the House and Senate Fiscal Agencies, the bills would extract $15 to $20 million annually from business owners and tradesmen.