State Corporation Commission (171)
| Request Title | Provide oversight of qualified education loan servicers |
| Biennium | 2020-2022 |
| Budget Round | Initial Bill |
| Category | Other - NGF Only |
| Region | None |
Description
|
Provides staff to issue licenses and register education loan servicers. This amendment supports legislation requiring anyone acting as a qualified education loan servicer to obtain a license through the Commission and register with the Nationwide Multistate Licensing System and Registry. |
Funding Summary
| Object Type | FY 2020 | FY 2021 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $123,455 | $211,390 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 2.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
| 552 | Regulation Of Business Practices | $123,455 | $211,390 | |
| By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
| 02100 | Scc Banking Fees | $123,455 | $211,390 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
| 552 | Regulation of Business Practices | 0.00 | 2.00 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 12:24:23
