Change provisions relating to inheritance taxes, change certain fee and tax provisions, and eliminate a sales tax exemption relating to data centers

Summary

The bill revises how the state securities law is administered, moving oversight to the Director of Banking and Finance and assigning insurance‑related securities to the Director of Insurance. It creates a Securities Act Cash Fund, directs transfers of its money to the General Fund and to counties, and sets new confidentiality and public‑access rules. The measure failed and was indefinitely postponed.

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