129th MAINE LEGISLATURE
LD 1712 LR 2364(03)
An Act To Amend and Clarify the Maine Uniform Securities Act and To Make a Technical Correction in the Law Concerning Financial Planners
Fiscal Note for Bill as Engrossed with:
No Amendments
Committee: Health Coverage, Insurance and Financial Services
             
Fiscal Note
Minor revenue increase - General Fund
Fiscal Detail and Notes
The bill applies a late fee to certain securities fillings made 16 or more days after the first sale of the securities. Current law applies a late fee only to applications made between 16 and 30 days. Any additional late fees assessed will increase revenues to the General Fund by minor amounts.