All Roll Calls
Yes: 130 • No: 2
UtahS.B. 822026 General SessionSenate
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
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Utah doubles investor protection fund cap
Beginning May 6, 2026, Utah raises its securities education and enforcement fund's year-end balance cap from $500,000 to $1 million. The Division of Securities must transfer any year-end balance above $1 million to the state's General Fund. The fund receives civil penalties and administrative fines under state securities law, and keeps the interest it earns. It also receives fines the division collects after July 1, 1989, through voluntary settlements or administrative orders. Money can support investment education for Utah residents, training for securities registrants and licensees, investigations, lawsuits, and securities fraud reporting awards. Spending requires approval from the securities director, the commission, and the Department of Commerce's executive director. The law provides no new appropriation and does not directly change household taxes or benefits.
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
Senate 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