2015 House Bill 4398 / Public Act 67

Increase business and occupational licensure fees

Introduced in the House

March 25, 2015

Introduced by Rep. Robert Kosowski (D-16)

To increase annual registration fees imposed on stock brokers and advisors. Technically, this and related bills extend the sunset on previously enacted “temporary” fee increases. The fee increases were proposed by Gov. Rick Snyder as part of his annual budget recommendation.

Referred to the Committee on Appropriations

April 14, 2015

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

April 29, 2015

Passed in the House 98 to 12 (details)

Received in the Senate

May 5, 2015

Referred to the Committee on Appropriations

May 12, 2015

Reported without amendment

With the recommendation that the bill pass.

May 26, 2015

Passed in the Senate 23 to 15 (details)

To increase annual registration fees imposed on stock brokers and advisors. Technically, this and related bills extend the sunset on previously enacted “temporary” fee increases. The fee increases were proposed by Gov. Rick Snyder as part of his annual budget recommendation.

Signed by Gov. Rick Snyder

June 10, 2015