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WV SB910

Bill

Status

Introduced

3/24/2025

Primary Sponsor

Randy Smith

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Increases the percentage of securities fees deposited into the State Auditor's special operating fund from 20% to 30% of all fees collected under the Uniform Securities Act

  • The special operating fund supports the securities division and general operations of the State Auditor's office

  • Maintains the existing provision that excess funds above 20% of gross revenues at fiscal year end must transfer to the General Revenue Fund

  • The State Auditor serves as the commissioner of securities and administers the fund

Legislative Description

Increasing fee under Uniform Securities Act

Constitutional Officers

Last Action

To Finance

3/24/2025

Committee Referrals

Finance3/24/2025

Full Bill Text

No bill text available