Bill

Bill > SB512


WV SB512

WV SB512
Raising fee for registration of agent of issuer


summary

Introduced
02/18/2025
In Committee
02/18/2025
Crossed Over
Passed
Dead
04/12/2025

Introduced Session

2025 Regular Session

Bill Summary

The purpose of this bill is to increase the registration fee of an agent from $66 to $70.

AI Summary

This bill amends the registration fee for an agent of an issuer in West Virginia, increasing the fee from $66 to $70. The change is specifically located in section 32-2-202(c) of the state code, which details registration and filing fees for various financial professionals such as broker-dealers, agents, investment advisers, and investment adviser representatives. While the fee increase is relatively small (a $4 increase), it is part of the state's regulatory process for overseeing financial professionals, ensuring that those who act as agents of issuers pay a current and appropriate fee for registration. The bill maintains the existing structure of registration fees and follows the state legislature's reserved right to adjust fees periodically to reflect the cost of administering the regulatory article.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

To Banking and Insurance (on 02/18/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...