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MO HB587
Bill
Status
6/22/2015
Primary Sponsor
Tony Dugger
Click for details
AI Summary
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Investigation fees for money transmitter licenses increase from $100 to $300, with annual license fees and license amendment fees also increasing from $100 to $300
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Annual license fees for financing institutions and sales finance companies increase from $300 to $500 per place of business
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Annual registration fees for premium finance companies increase from $300 to $500, with fees for material change filings increasing from $100 to $300
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Annual registration fees for consumer credit lenders increase from $300 to $500, and credit services organization filing fees increase from $100 to $300
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Director of the Division of Finance may establish biennial licensing arrangements, though fees remain payable only one year at a time
Legislative Description
Modifies provisions relating to licensing fees paid to the Division of Finance by entities and persons licensed under the Missouri Sale of Checks Law, credit service organizations, and consumer credit lenders
Last Action
Delivered to Secretary of State (G)
6/22/2015