MO SB1021

Creates the "Consumer Licensing Fund" in the state treasury to pay costs incurred by the Division of Finance in administering various licensing programs, with funds not reverting to general revenue at biennium end

Converts earned wage access services from a registration system to a licensing system, with fees up to $5,000 for initial license (or $1,000 for applicants with fewer than 100 active accounts) plus up to $1,000 per additional location

Increases licensing fees across multiple financial services industries (financing institutions, premium finance companies, sales finance companies, consumer credit lenders, title loan lenders, small loan lenders, consumer legal funding companies) from flat fees of $550-$1,000 to tiered fees up to $5,000

Removes fixed per diem examination fees for consumer credit lenders ($100/day for examiners) and allows director to determine actual examination costs

Increases credit services organization registration fee cap from $400 to $1,000