SB 944 - Under current law, the State Auditor is paid ten cents for each $100 of the face value of bonds registered. This act requires that the Auditor be paid $500 for bond issuances up to $10 million, $1,000 for bond issuances over $10 million up to $35 million, and $1,500 for bond issuances greater than $35 million. These fees shall be adjusted annually to reflect the percentage increase in the previous years general price level as measured in the Consumer Price Index. CHRIS HOGERTY
|