Revises statutory provisions under Division of Finance by creating a new fund for depositing moneys collected and paid from licensing fees

Summary

The bill establishes a new Consumer Licensing Fund in the state treasury, where fees designated by law are deposited and managed by the state treasurer. The fund is used exclusively by the Division of Finance to cover costs not funded by other finance‑related funds, and any unused balance stays in the fund rather than moving to the general revenue fund. It also updates the Division of Finance’s financing rules, including assessments on banks and a salary schedule for examiners.

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