HB 1665 -- SECURITIES REGULATION (Hanaway)

This bill changes the definition of "security" as used in the
laws regulating securities so that the sale of variable annuities
will be regulated by the Secretary of State.  Under current law,
the sale is regulated by the Department of Insurance.

FISCAL NOTE:  Estimated Income on General Revenue Fund of $24,500
in FY 2005, FY 2006, and FY 2007.  No impact on Other State Funds
in FY 2005, FY 2006, FY 2007.

Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:16 am