Louisiana Amusement Ride Owners Must Post Bond
Amusement ride owners or operators are required to post a surety bond. The amount of the bond must be at least $1 million. Governor John Bel Edwards signed House Bill 1133 into effect on August…
Changes for Missouri Retail Sales and Use Tax Bond
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…
Rhode Island Non-regulated Power Producer Surety Bond Changes
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…
License and Surety Bond Required for Illinois Manufactured Home Dealers
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…
New Mexico Money Transmitters Face New License Requirement
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…