Bill
S 2519
Overview: S 2519, Establishes a limitation on financial services assessments and appropriation suballocations, has been referred to the Banks Committee. It was introduced on July 2
Overview: S 2519, Establishes a limitation on financial services assessments and appropriation suballocations, has been referred to the Banks Committee. It was introduced on July 29, 2025.
Purpose and Intent: The bill aims to establish a limitation on the amount of financial services assessments that can be made and the appropriation suballocations that can be made from such assessments.
Key Provisions:
- Limits the total amount of financial services assessments that can be made in a given fiscal year.
- Restricts the amount of appropriation suballocations that can be made from the financial services assessments.
- Requires the Department of Finance to report annually on the financial services assessments and appropriation suballocations.
Affected Parties and Impacts: The bill would impact financial services providers and the Department of Finance by limiting the financial services assessments and appropriation suballocations. This could potentially affect the funding available for various government programs and services.
Procedural and Timeline Considerations: The bill has been referred to the Banks Committee, where it will undergo further consideration and potential amendments before any vote by the full legislature.
Compiled from official sources — confirm details with the bill’s official record.
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