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Committee clears bill transferring State Securities Department functions to State Bank Department
INSURANCE & COMMERCE - SENATE · March 16, 2023
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
SB 418, which transfers administrative functions of the State Securities Department to the State Bank Department at the executive branch’s request, was presented, discussed as a consolidation with expected minimal savings, and passed by the committee.
The committee passed SB 418, a bill that transfers certain administrative functions of the State Securities Department to the State Bank Department.
Senator Dizmang (transcript spelling varies) introduced the bill, saying it was requested by the executive…
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