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Committee advances bill authorizing securities commissioner to set fees and eliminating a 10% credit to general fund
Summary
Senate Bill 472 would authorize the securities commissioner to set certain fees, require publication of fees in the Kansas Register and eliminate a 10% credit to the state general fund for certain services; the committee passed the bill out favorably by voice vote.
Eileen summarized Senate Bill 472 as authorizing the securities commissioner to set the amount of certain fees, requiring publication of those fees in the Kansas Register, and eliminating a 10% credit to the state general fund as reimbursement for certain state-provided services that the securities department does not use.
Senator Miller asked whether there is a House companion bill; the record does not provide further detail. Senator Gossage moved the bill out of committee and Senator Hill seconded; the committee approved the motion by voice vote and the bill was passed out of committee.
The transcript contains no roll-call tally or further amendments to the bill.
