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WV SB511
Bill
Status
Introduced
2/18/2025
Primary Sponsor
Randy Smith
Click for details
AI Summary
- Increases agent registration fee from $66 to $70 for initial and renewal registrations under the Uniform Securities Act
- Raises the minimum annual sales report filing fee for registered issuers and notice filers from $240 to $300
- Establishes new notice filing requirements for Tier 2 Regulation A federal covered securities offerings, including a $375 initial filing fee and $200 renewal fee for each 12-month period
- Increases the percentage of securities division fees deposited into the special operating fund from 20% to 30%, with excess funds above 30% of gross revenues transferred to the General Revenue Fund
Legislative Description
Increasing certain fees under Uniform Securities provisions
Constitutional Officers
Last Action
To Banking and Insurance
2/18/2025
Committee Referrals
Banking and Insurance2/18/2025
Full Bill Text
No bill text available