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129th MAINE LEGISLATURE |
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LD 1712 |
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LR 2364(01) |
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An Act To Amend
and Clarify the Maine Uniform Securities Act and To Make a Technical
Correction in the Law Concerning Financial Planners |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Foley of York |
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Committee: Health Coverage, Insurance and
Financial Services |
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Fiscal Note Required: No |
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| Preliminary
Fiscal Impact Statement |
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| Minor revenue increase - General Fund |
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| Fiscal Detail
and Notes |
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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. |
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