Missouri Senate Bill 823 was passed in June and takes effect August 28, 2016, changing the way retailers’ sales and use tax bond amount is calculated. Under current law, Missouri retailers must purchase a surety bond that is…
Recently, Rhode Island legislators passed House Bill 8331, which sets minimum and maximum dollar amounts for non-regulated power producers’ required surety bond. The bill took effect with its passage on July 15, 2016. Previously, there was…
Illinois manufactured home dealers must be licensed following the passage of House Bill 1056. The legislation took effect on July 22, 2016, the day it was signed into law by Gov. Bruce Rauner. HB 1056 introduces licensing…
House Bill 250, also known as the New Mexico Uniform Money Services Act, effective as of January 1, 2017, requires all New Mexico money transmitters to become licensed and submit a surety bond. Before the passage of…
Viatical settlement brokers and providers in Nebraska will need to post an increased surety bond following revisions to the Nebraska Revised Statutes (NRS). Their required surety bond amount increased from $50,000 to $250,000. There is a small…