MO SB345

Investigation fees for money transmitter licenses increase from $100 to $300, with annual license fees and license amendment fees also rising from $100 to $300

License fees for financing institutions, sales finance companies, and lenders increase from $300 to $500 per location annually

Premium finance company registration fees rise from $300 to $500 annually, with material change filing fees increasing from $100 to $300

Credit services organization registration fees increase from $100 to $300, and small loan lender license fees rise from $300 to $500 per location

Maximum lender origination fee on non-open-end loans of 30 days or longer increases from $75 to $100, capped at 10% of principal

Mortgage loan originator testing requirements specify use of the NMLSR National Test Component with Uniform State Content, requiring 75% minimum score to pass