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UT SB0082
Bill
AI Summary
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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
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Fund receives civil penalties and administrative fines collected under Utah's securities chapter, plus interest earned on fund balances
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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
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Amends Utah Code Section 61-1-18.7, last updated in 2013
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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