SB44 Alabama 2014 Session
Summary
- Primary Sponsor
-
Arthur Orr SenatorRepublican - Session
- Regular Session 2014
- Title
- Securities Commission, exemption to Secs. 8-6-3 to 8-6-9, inclusive, limited to offerings of securities conducted in state to residents of the state only, new parameters for the investments established, Sec. 8-6-11 am'd.
- Description
Under current law, certain investments meeting set parameters within or without the State of Alabama are exempt from various regulations of the Alabama Securities Commission.
This bill would provide for this exemption to apply solely to offerings of securities conducted in the State of Alabama to residents of the State of Alabama and set new parameters for such investments.
- Subjects
- Securities Commission
Bill Actions
Assigned Act No. 2014-376.
Signature Requested
Enrolled
Passed Second House
Motion to Read a Third Time and Pass adopted Roll Call 1004
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Financial Services
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 140
Orr motion to Adopt adopted Roll Call 139
Finance and Taxation General Fund first Substitute Offered
Third Reading Passed
Read for the second time and placed on the calendar with 1 substitute and
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Bill Text
Votes
Orr motion to Adopt
Motion to Read a Third Time and Pass
Documents
Source: Alabama Legislature