Modifies provisions within the Missouri Securities Act of 2003
HB 2990 modifies Missouri's securities registration fees for financial professionals. It reduces agent and representative registration fees from $50 to $45, sets new fee structures for broker-dealers and investment advisers, and establishes rules for future fee adjustments (capping increases at 25% over eight years). The bill also creates two funds: an Investor Education and Protection Fund for fraud prevention initiatives and a Securities Division Fund to cover operational costs of the securities division. These changes directly affect individuals and firms registering with Missouri's securities division under the Missouri Securities Act.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2026
Last action Mar 31, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
2
Committee
3
Mar 31, 2026
Lower · Passed
HCS Reported Do Pass (H) - AYES: 13 NOES: 1 PRESENT: 0
lower
Mar 30, 2026
Lower · Passed
HCS Voted Do Pass (H)
lower
Feb 26, 2026
Committee
Referred: Special Committee on Intergovernmental Affairs(H)
lower
Jan 14, 2026
Introduced
Introduced and Read First Time (H)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Steve Butz
DDemocratic
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