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MS HB1440

Bill

Official Source

Status

Passed

6/25/2020

Primary Sponsor

Jerry Turner

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Removes requirement for registration fees on posteffective amendments that increase the number of securities offered or sold
  • Sets initial filing fee for federal covered securities notice filings at flat $1,000.00 (previously tiered based on offering amount)
  • Sets registration statement filing fee under Section 75-71-305 at flat $1,000.00 (previously tiered based on offering amount)
  • Eliminates separate filing fees for amendments to registration statements that register additional securities
  • Establishes renewal fee of $300.00 and termination/withdrawal notification fee of $50.00 for all required filings
  • Effective date: July 1, 2020

Legislative Description

Securities registration filings; revise certain provisions regarding fees.

Last Action

Approved by Governor

6/25/2020

Committee Referrals

Finance5/11/2020
Ways and Means2/17/2020

Full Bill Text

No bill text available