Securities Investor Education, Training, and Enforcement Fund Amendments
This bill increases the maximum balance allowed in Utah's Securities Investor Education, Training, and Enforcement Fund from $500,000 to $1,000,000. The Securities Division directly affects this fund, as it now holds excess money longer before transferring it to the General Fund. The fund supports investor education materials, training for licensees, and enforcement activities like investigations. This change allows the division to retain more funds for these purposes without immediate transfer, effective May 2026.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2026
Committee Review
Feb 2026
Senate Passage
Mar 2026
House Passage
Mar 2026
Signed into Law
Mar 2026
Introduced Jan 20, 2026
Signed Mar 17, 2026
Maddy AI version diff · 1 comparison
What changed between versions
Introduced
→
Enrolled
·
3 edits
·
Mar 17, 2026
MINOR
This bill increases the maximum balance allowed in the Securities Investor Education, Training, and Enforcement Fund from $500,000 to $1,000,000. This change allows the fund to retain more money for its intended purposes, such as educating residents on securities laws and funding investigations, before any excess must be transferred to the state's General Fund. The bill also includes minor text corrections to improve clarity and updates the timestamp of the legislative record.
Scope change
The scope of the fund's capacity has expanded, allowing it to hold a larger balance of money.
FISCAL
The cap on the fund's balance was raised from $500,000 to $1,000,000, permitting the fund to retain more revenue for education and enforcement activities.
TECHNICAL
Several lines of text were corrected to fix grammatical errors and improve the flow of the legal language regarding fund deposits and interest.
TIMELINE
The timestamp associated with the bill's legislative history was updated to reflect the current session date.
Floor votes · Senate Feb 4, 2026 · House Mar 4, 2026
How they voted
28–0
Passed · 1 other
Total votes 29
Feb 4, 2026
D
Democratic6
83% Yea
N
Forward1
100% Yea
R
Republican22
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
39
Key actions
10
Committee
7
Mar 17, 2026
Signed into law
Governor Signed
executive
Mar 5, 2026
Upper · Passed
Senate/ signed by President/ sent for enrolling
upper
Mar 4, 2026
Upper · Passed
House/ signed by Speaker/ returned to Senate
upper
Mar 4, 2026
Lower · Passed
House/ passed 3rd reading
lower
Feb 17, 2026
Lower · Passed
House/ return to Rules due to fiscal impact [House Rules Committee]
lower
Feb 17, 2026
Lower · Passed
House/ committee report favorable [House Economic Development and Workforce Services Committee]
lower
Feb 17, 2026
Lower · Passed
House Comm - Favorable Recommendation [House Economic Development and Workforce Services Committee]
lower
Feb 12, 2026
Committee
House/ to standing committee [House Economic Development and Workforce Services Committee]
lower
Feb 6, 2026
Introduced
House/ 1st reading (Introduced)
lower
Feb 4, 2026
Lower · Passed
Senate/ passed 3rd reading
lower
Jan 26, 2026
Upper · Passed
Senate/ committee report favorable [Senate Economic Development and Workforce Services Committee]
upper
Jan 23, 2026
Upper · Passed
Senate Comm - Favorable Recommendation [Senate Economic Development and Workforce Services Committee]
upper
Jan 20, 2026
Committee
Senate/ to standing committee [Senate Economic Development and Workforce Services Committee]
upper
Jan 20, 2026
Introduced
Senate/ 1st reading (Introduced)
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mike McKell
RRepublican
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