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Legislation watch
2012 Senate Bill 1258: Increase business and occupational licensure fees
Public Act 307 of 2012
Introduced by Sen. Mark Jansen R-Cutlerville on September 11, 2012
To increase annual registration fees imposed on stock brokers and advisors. This is one a number of bills increasing fees on a wide range of businesses and occupations in which registration or licensure mandates are imposed as a condition of operating the firm or earning a living in the profession. The bills technically repeal the sunsets of previously enacted “temporary” fee increase laws, and are related to the budget for the next fiscal year. According to the House and Senate Fiscal Agencies, the bills would extract $15 to $20 million annually from business owners and tradesmen. Official Text and Analysis.
Referred to the Senate Appropriations Committee on September 11, 2012
Reported in the Senate on September 20, 2012
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on September 20, 2012
The substitute passed by voice vote in the Senate on September 20, 2012
Received in the House on September 20, 2012
Referred to the House Appropriations Committee on September 20, 2012
Reported in the House on September 27, 2012
Without amendment and with the recommendation that the bill pass.
Signed by Gov. Rick Snyder on September 30, 2012