---
type: "Bill"
title: "Finance Amendments"
description: "Finance Amendments"
jurisdiction: "us/states/ut"
legislature: "Utah Legislature"
session: "2025"
identifier: "SB 294"
citation: "Utah SB 294 (2025)"
classification: ["bill"]
subjects: ["Banks", "Business", "Department of Financial Institutions", "Financial Institutions"]
status: "enacted"
primary_sponsors: ["McKell, Michael K."]
version_count: 10
action_count: 42
vote_count: 0
first_action: "2025-02-17T19:36:00+00:00"
last_action: "2025-03-27T15:26:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/a5394b24-d0b3-4cbb-b5fc-380f6e525e31"
source_url: "https://le.utah.gov/~2025/bills/static/SB0294.html"
source_hash: "3731ce1b51243d0a91bf61d7258aaec388c22f1725520ffb6477e481e8e294f2"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ut"]
---

# Utah SB 294 (2025) — Finance Amendments

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://le.utah.gov/Session/2025/bills/introduced/SB0294.xml)
2. **Comparison to Sub #0** (committee substitute) — [source](https://le.utah.gov/Session/2025/bills/introduced/CP SB0294 To SB0294S01.pdf)
3. **Comparison to Sub #1** (committee substitute) — [source](https://le.utah.gov/Session/2025/bills/introduced/CP SB0294S01 To SB0294S02.pdf)
4. **House Committee Report** (committee substitute) — [source](https://le.utah.gov/Session/2025/comreport/SB294H10.pdf)
5. **House Transmittal Letter 1** (committee substitute) — [source](https://le.utah.gov/Session/2025/transmit/SB294H10.pdf)
6. **Senate Committee Report** (committee substitute) — [source](https://le.utah.gov/Session/2025/comreport/SB294S10.pdf)
7. **Senate Transmittal Letter 1** (committee substitute) — [source](https://le.utah.gov/Session/2025/transmit/SB294S10.pdf)
8. **Substitute #1** (committee substitute) — [source](https://le.utah.gov/Session/2025/bills/introduced/SB0294S01.xml)
9. **Substitute #2** (committee substitute) — [source](https://le.utah.gov/Session/2025/bills/introduced/SB0294S02.xml)
10. **Enrolled** (enrolled) — [source](https://le.utah.gov/Session/2025/bills/enrolled/SB0294.xml)

## Sponsors

- McKell, Michael K. — primary (person)
- Teuscher, Jordan D. — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-02-17T19:36:00+00:00** Bill Numbered but not Distributed
- **2025-02-17T19:36:00+00:00** Numbered Bill Publicly Distributed
- **2025-02-18T15:45:00+00:00** Senate/ received bill from Legislative Research `receipt`
- **2025-02-18T17:19:00+00:00** Senate/ 1st reading (Introduced)
- **2025-02-19T20:56:00+00:00** Senate/ received fiscal note from Fiscal Analyst `receipt`
- **2025-02-21T21:19:00+00:00** Senate/ to standing committee `referral-committee`
- **2025-02-27T00:40:00+00:00** Senate Comm - Favorable Recommendation `committee-passage-favorable`
- **2025-02-27T17:43:00+00:00** Senate/ committee report favorable `committee-passage-favorable`
- **2025-02-27T17:43:00+00:00** Senate/ placed on 2nd Reading Calendar
- **2025-02-28T22:35:00+00:00** Senate/ 2nd reading
- **2025-02-28T22:42:00+00:00** Senate/ passed 2nd reading `reading-2`
- **2025-03-03T17:46:00+00:00** Senate/ 3rd reading
- **2025-03-03T17:49:00+00:00** Senate/ passed 3rd reading `passage`
- **2025-03-03T17:49:00+00:00** Senate/ to House
- **2025-03-03T19:19:00+00:00** House/ received from Senate `receipt`
- **2025-03-03T21:23:00+00:00** House/ 1st reading (Introduced)
- **2025-03-03T22:23:00+00:00** House/ to standing committee `referral-committee`
- **2025-03-04T23:21:00+00:00** House Comm - Favorable Recommendation `committee-passage-favorable`
- **2025-03-05T04:24:00+00:00** House/ committee report favorable `committee-passage-favorable`
- **2025-03-05T04:24:00+00:00** House/ return to Rules due to fiscal impact
- **2025-03-08T04:31:00+00:00** House/ Rules to 3rd Reading Calendar
- **2025-03-08T04:31:00+00:00** House/ 2nd reading
- **2025-03-08T06:09:00+00:00** House/ 3rd reading
- **2025-03-08T06:10:00+00:00** House/ substituted
- **2025-03-08T06:13:00+00:00** House/ passed 3rd reading `passage`
- **2025-03-08T06:13:00+00:00** House/ to Senate
- **2025-03-08T06:56:00+00:00** Senate/ received from House `receipt`
- **2025-03-08T06:56:00+00:00** Senate/ placed on Concurrence Calendar
- **2025-03-08T06:58:00+00:00** Senate/ concurs with House amendment `amendment-passage`
- **2025-03-08T06:58:00+00:00** Senate/ to House
- **2025-03-08T07:00:00+00:00** House/ signed by Speaker/ returned to Senate `passage`
- **2025-03-08T07:00:00+00:00** House/ to Senate
- **2025-03-08T07:02:00+00:00** House/ received from Senate `receipt`
- **2025-03-12T15:27:00+00:00** Senate/ received from House `receipt`
- **2025-03-12T15:28:00+00:00** Senate/ signed by President/ sent for enrolling `passage`
- **2025-03-13T17:26:00+00:00** Bill Received from Senate for Enrolling
- **2025-03-13T17:26:00+00:00** Draft of Enrolled Bill Prepared
- **2025-03-14T16:07:00+00:00** Enrolled Bill Returned to House or Senate `enrolled`
- **2025-03-14T16:07:00+00:00** Senate/ enrolled bill to Printing
- **2025-03-17T16:35:00+00:00** Senate/ received enrolled bill from Printing `receipt`
- **2025-03-17T16:35:00+00:00** Senate/ to Governor `executive-receipt`
- **2025-03-27T15:26:00+00:00** Governor Signed `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a5394b24-d0b3-4cbb-b5fc-380f6e525e31`. Confidence: reported (aggregated from official Utah legislature records).