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AZ SB1003
Bill
Status
Failed
3/5/2018
Primary Sponsor
David Farnsworth
Click for details
AI Summary
- Reduces the application fee for a banking permit from $5,000 to $1,000.
- Maintains all other application fees for various financial institutions and enterprises, including savings and loan associations ($5,000), credit unions ($100), trust companies ($5,000), and mortgage-related licenses ($800-$1,500).
- Preserves annual renewal fees for financial institutions and enterprises, with amounts varying based on type and number of branch offices.
- Allows the superintendent to determine fees for loan originator licenses, loan originator transfers, and conversions from mortgage banker to mortgage broker licenses.
- Maintains the existing fee structure for premium finance company licenses, ranging from $100-$300 annually depending on superintendent determination.
Legislative Description
Banking permits; fees
Fees
Last Action
House BI Committee action: Held, voting: (0-0-0-0-0-0)
3/5/2018
Full Bill Text
No bill text available