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UT SB0082

Bill

Status

Enrolled

3/6/2026

Primary Sponsor

Mike McKell

Click for details

Origin

Senate

2026 General Session

AI Summary

  • Increases the cap on the Securities Investor Education, Training, and Enforcement Fund from $500,000 to $1,000,000; any balance exceeding this amount at fiscal year-end transfers to the General Fund

  • Fund receives civil penalties and administrative fines collected under Utah's securities chapter, plus interest earned on fund balances

  • Permitted fund uses include investor education for Utah residents, training for securities registrants and licensees, investigation and litigation expenses, and awards to securities fraud reporters

  • Amends Utah Code Section 61-1-18.7, last updated in 2013

  • Effective date: May 6, 2026

Legislative Description

Securities Investor Education, Training, and Enforcement Fund Amendments

Business

Last Action

Senate/ to Governor in Executive Branch - Governor

3/11/2026

Committee Referrals

Economic Development and Workforce Services2/12/2026
Rules2/6/2026
Economic Development and Workforce Services1/20/2026
Rules1/20/2026

Full Bill Text

No bill text available