The bill, H.B. No. 1912, proposes an amendment to Section 4006.055 of the Government Code, specifically introducing a new provision that limits the fees associated with the qualification for sale or registration of securities. The new language states that, notwithstanding existing regulations, the fee assessed under this section cannot exceed $250.

This legislative change aims to provide a more affordable framework for individuals and entities seeking to qualify their securities for sale or registration, thereby potentially encouraging investment and participation in the market. The bill is set to take effect on September 1, 2025.

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