All Roll Calls
Yes: 130 • No: 2
UtahS.B. 822026 General SessionSenateWALLET
Securities Investor Education, Training, and Enforcement Fund Amendments
Sponsored By: Michael K. McKell (Republican)
Signed by Governor
BusinessCommerce and TradeDepartment of CommerceFinancial InstitutionsSecurities
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
Investor education and enforcement fund created
Beginning May 6, 2026, the state runs a special fund for investor education and enforcement. Civil penalties and administrative fines go into the fund, including division fines from settlements or orders after July 1, 1989. Interest the fund earns stays in the fund. With approval from the commission and the Commerce Department, the director can pay for investor and registrant education, investigations, lawsuits, and whistleblower awards.
Higher cap on investor fund balance
Beginning May 6, 2026, the investor fund keeps up to $1,000,000 at each fiscal year end. Any balance above $1,000,000 moves to the General Fund. This replaces the old $500,000 limit.
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Sponsors & Cosponsors
Sponsor
Michael K. McKell
Republican • Senate
Cosponsors
David Shallenberger
Republican • House
Roll Call Votes
House vote • 3/4/2026
House/ passed 3rd reading
Yes: 67 • No: 1
House vote • 2/17/2026
House Comm - Favorable Recommendation
Yes: 6 • No: 1
Senate vote • 2/4/2026
Senate/ passed 3rd reading
Yes: 28 • No: 0
Senate vote • 2/3/2026
Senate/ passed 2nd reading
Yes: 26 • No: 0
House vote • 1/23/2026
Senate Comm - Favorable Recommendation
Yes: 3 • No: 0
Actions Timeline
Governor Signed
3/17/2026Senate/ to Governor
3/11/2026SenateSenate/ received enrolled bill from Printing
3/11/2026SenateSenate/ enrolled bill to Printing
3/6/2026SenateEnrolled Bill Returned to House or Senate
3/6/2026Draft of Enrolled Bill Prepared
3/6/2026Bill Received from Senate for Enrolling
3/6/2026Senate/ signed by President/ sent for enrolling
3/4/2026SenateSenate/ received from House
3/4/2026SenateHouse/ to Senate
3/4/2026HouseHouse/ signed by Speaker/ returned to Senate
3/4/2026HouseHouse/ passed 3rd reading
3/4/2026HouseHouse/ 3rd reading
3/4/2026HouseHouse/ 2nd reading
3/3/2026HouseHouse/ Rules to 3rd Reading Calendar
3/3/2026HouseHouse/ return to Rules due to fiscal impact
2/17/2026HouseHouse/ committee report favorable
2/17/2026HouseHouse Comm - Favorable Recommendation
2/17/2026House/ to standing committee
2/12/2026HouseHouse/ 1st reading (Introduced)
2/6/2026HouseHouse/ received from Senate
2/6/2026HouseSenate/ to House
2/6/2026SenateSenate/ passed 3rd reading
2/4/2026SenateSenate/ 3rd reading
2/4/2026SenateSenate/ passed 2nd reading
2/3/2026Senate
Bill Text
Enrolled
3/6/2026
Introduced
1/6/2026
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