H.B. No. 1912 proposes an amendment to Section 4006.055 of the Government Code, introducing a new limit on fees associated with the qualification for sale or registration of securities. Specifically, the bill adds a new subsection (c) that stipulates that, notwithstanding the existing provisions in Subsection (a), the fee charged under this section cannot exceed $250.

The bill is set to take effect on September 1, 2025, thereby providing a clear timeline for the implementation of this fee cap. This legislative change aims to make the process of qualifying for the sale or registration of securities more accessible by reducing the financial burden on individuals and entities seeking to comply with these requirements.

Statutes affected:
Introduced: Government Code 4006.055 (Government Code 4006)